Corporate Governance
Remuneration Committee
In compliance with the Code on Corporate Governance Practices contained by Appendix C1 of the Listing Rules, the Board on 7th April 2005 established a remuneration committee comprising 4 independent non-executive directors.
The Remuneration Committee is to make recommendations to the Board on the Company's policy and structure for all remuneration of directors and senior management, to determine the specific remuneration packages; to review and approve performance-based remuneration, to review and approve the compensation payable in connection with any loss or termination of office or appointment of directors and senior management; to oversee any major changes in employee benefits structures throughout the Group; and to review the ongoing appropriateness and relevance of the remuneration policy.
Members of Remuneration Committee
Mr. IP Shu Kwan, Stephen, GBS, JP (Committee Chairman)
Mr. MAK Wing Sum, Alvin
Ms. WONG Yu Pok, Marina, JP
Mr. Anson KWOK