Corporate Governance

Mr. Alexander MAK Kwai-wing (“Mr. MAK”) was appointed as an Independent Non-executive Director on 5 June 2009. He is also the chairman of the audit committee of the Company.

Mr. MAK graduated from The University of Hong Kong with a degree of Bachelor of Social Science. He is a fellow member of CPA Australia and associate member of The Taxation Institute of Hong Kong. Mr. MAK has over 34 years of experience in the taxation field. He has extensive experience in Hong Kong corporate and individual tax planning and has assisted a vast number of clients in South East Asia in developing effective tax strategies to minimize their tax exposure in the region. As an expert in Hong Kong, United States and international taxation, Mr. MAK is frequently invited to speak at tax seminars organized by various professional associations and educational institutions. He is a frequent contributing author to various local and international newspapers and professional journals. Mr. MAK was formerly an assessor with the Inland Revenue Department. In July 2006, he joined Mazars Tax Services Limited (“Mazars”) as an executive director and then became its managing director in January 2008. Before joining Mazars, Mr. MAK was the partner of Ernst & Young in tax services and took an early retirement in January 2004 to pursue his governorship of Rotary International District 3450 and also his own consulting business.

Currently, Mr. MAK is the treasurers of H5N1 Concern Group and The Hong Kong International Film Festival Society Limited; a consultant of Hong Kong Professional Consultants Association; a member of Tax specialization Development Committee of Hong Kong Institute of Certified Public Accountants and School Management Committee of Hotung Secondary School. Previously, Mr. MAK had served as the president of The Taxation Institute of Hong Kong; the vice chairman of Steering Committee of Hong Kong Network of Virtual Enterprises; the governor of Rotary International District 3450; the chairman of Practice Firm Steering Committee of Hong Kong Institute of Vocational Education (Tsing Yi) and District Rotary Foundation Committee of Rotary International District 3450; a treasurer of The Hong Kong Road Safety Association and Senior Citizen Home Safety Association; a member of taxation committee of Hong Kong Institute of Certified Public Accounts; a member of the Road Safety Council, Joint Liaison Committee on Taxation, Hospital Authority Public Complaints Committee, Hospital Governing Committee of Hong Kong Eye Hospital and Kowloon Hospital; and a part-time member of Hong Kong Government’s Central Policy Unit.

Mr. MAK is currently an independent non-executive director of Tianjin Development Holdings Limited, which is listed on the main board of the Stock Exchange.

Hon. Jeffrey LAM Kin-fung (“Mr. LAM”) was appointed as an Independent Non-executive Director in August 2002. He is also the chairman of the nomination committee and a member of each of the audit committee and remuneration committee of the Company.

Mr. LAM is currently a National Committee Member of the Chinese People’s Political Consultative Conference. He also holds a number of other public and community service positions including being a member of the Legislative Council of the HKSAR, the chairman of Mega Events Funds Assessment Committee, a member of the board of the West Kowloon Cultural District Authority, a council member of Hong Kong Trade Development Council and a general committee member of the Hong Kong General Chamber of Commerce. Mr. LAM was appointed as a member of HKSAR Fight Crime Committee and a non-official member of the Executive Council of the HKSAR in 2012. He is also a board member of the Airport Authority Hong Kong.

Mr. LAM was awarded the Gold Bauhinia Star by the Government of the HKSAR in 2011. He holds a Bachelor Degree from Tufts University in the United States of America. He has over 32 years of experience in the toy industry and is currently the managing director of Forward Winsome Industries Limited which is engaged in toy manufacturing. Besides, Mr. LAM is an independent nonexecutive director of C C Land Holdings Limited, Wynn Macau, Limited, China Overseas Grand Oceans Group Limited, Sateri Holdings Limited and Chow Tai Fook Jewellery Group Limited, all of which are listed on the main board of the Stock Exchange.

Dr. Kenneth CHU Ting-kin (“Dr. Kenneth CHU”) was the Chairman of the Board up to 30 June 2012 and he remains as a Non-executive Director of the Company. He is also a member of the audit committee of the Company and was a non-executive chairman of Synergis up to 30 June 2012.

Dr. Kenneth CHU is a director of Upper Luck Holdings Limited, Mission Hills Golf Club Limited and Carrick Worldwide Limited, all of which are the substantial shareholders of the Company. Dr. Kenneth CHU is the chairman and chief executive officer of Mission Hills Group and is responsible for planning and managing the construction and design of sports and property assets of Mission Hills Group, including championship golf courses and residential properties. Dr. Kenneth CHU, together with the late Dr. David CHU Shu-ho were named by the “Golf Inc.” as one of the top 35 most influential persons (ranked 9th) in the golf world in 2010. He has over 16 years of experience in property and golf asset development, and has been managing Mission Hills Group in developing assets by blending sports, business, culture, leisure and living components. Dr. Kenneth CHU has been actively involved in community services in China and Hong Kong to promote interaction and collaboration between China and Hong Kong’s young business leaders, including being a member of Chinese People’s Political Consultative Conference of Hainan Committee, a standing committee member of All-China Youth Federation, a vice chairman of Hong Kong United Youth Association, a standing committee member of Tianjin Youth Federation and a director of Hong Kong Chiu Chow Chamber of Commerce. He is currently a National Committee Member of the Chinese People’s Political Consultative Conference. He was educated at The University of Western Ontario in Canada. He was honored with a Doctorate of Laws by his alma mater for his contributions in sports leisure development and community services in China and Hong Kong.

Dr. Kenneth CHU is the brother of Dr. Catherine CHU, an Executive Director of the Company.