The Company has adopted the code provisions set out in the Code on Corporate Governance Practices as stated in Appendix 14 of the Rules Governing the Listing of Securities on the Stock Exchange of Hong Kong Limited. (the “CG Code”) as its own code on corporate governance practices since January 2005.

The Company is committed to maintain a sound standard of corporate governance in protecting the interests of its shareholders based on the principles of integrity, fairness, independence and transparency. The Company continues to review the effectiveness of the corporate structure in order to assess whether changes are necessary and appropriate to improve its corporate governance practices.


Audit Committee
The Company has set up an Audit Committee with written terms of reference since December 1998. The Audit Committee is a committee of the Board. Its primary function is to assist the Board in fulfilling its oversight responsibilities by reviewing the financial information which will be provided to the shareholders and external users, the internal control system and the external audit process.

Term of reference


Remuneration Committee
The Company has set up a Remuneration Committee with written terms of reference since June 2005. The terms of reference are formulated based on the specific duties setting out in the code provisions of the CG Code. The Remuneration Committee is a committee of the Board. Its primary function is to assist the Board in establishing coherent remuneration policy.

Term of reference


Nomination Committee
The nomination committee is responsible for reviewing the structure, size and composition of the Board, identification and recommendation to the Board of possible appointees as Directors of the Board, making recommendations to the Board on matters relating to appointment or re-appointment of Directors and succession planning for Directors and accessing the independence of the independent non-executive directors.

Term of reference


Articles of Association

Articles of Association


Procedures for shareholder to propose a new director

Procedures for shareholder to propose a new director


Shareholders communication policy

Shareholders communication policy


Notice(s) Related to Lost Share Certificates

Notice(s) Related to Lost Share Certificates