Corporate Governance

Hon. Abraham SHEK Lai-him (“Mr. SHEK”) was appointed as an Independent Non-executive Director on 23 January 2008. He is also the chairman of the remuneration committee and a member of the nomination committee of the Company.

Mr. SHEK is currently a member of the Legislative Council of the HKSAR representing the real estate and construction functional constituency. He is a member of the Court of The Hong Kong University of Science and Technology, a member of the Court and the Council of The University of Hong Kong and the vice chairman of Independent Police Complaints Council.

Mr. SHEK was awarded the Silver Bauhinia Star by the Government of the HKSAR in 2007. He graduated from the University of Sydney, Australia with a degree of Bachelor of Arts.

Mr. SHEK is currently a non-executive director of The Hong Kong Mortgage Corporation Limited; the chairman and an independent non-executive director of Chuang’s China Investments Limited and the vice chairman and an independent non-executive director of ITC Properties Group Limited. He is also an independent non-executive director of MTR Corporation Limited, Country Garden Holdings Company Limited, Hop Hing Group Holdings Limited, ITC Corporation Limited, Lifestyle International Holdings Limited, Midas International Holdings Limited, NWS Holdings Limited, Chuang’s Consortium International Limited, Paliburg Holdings Limited, SJM Holdings Limited, Titan Petrochemicals Group Limited, China Resources Cement Holdings Limited, Dorsett Hospitality International Limited (formerly known as Kosmopolito Hotels International Limited) and Lai Fung Holdings Limited, all of which are listed on the main board of the Stock Exchange. He is also an independent non-executive director of Eagle Asset Management (CP) Limited, which is the manager of Champion Real Estate Investment Trust (“Champion REIT”), and Regal Portfolio Management Limited, which is the manager of Regal Real Estate Investment Trust (“Regal REIT”). Both Champion REIT and Regal REIT are listed on the main board of the Stock Exchange. He was also appointed as an independent non-executive director of Jetstar Hong Kong Airways Limited in February 2013.

Mr. Wilfred WONG Ying-wai (“Mr. WONG”) was appointed as an Executive Director and Executive Deputy Chairman of the Board in December 2007 and re-designated as the Chairman of the Board and appointed as the Chief Executive Officer of the Company with effect from 1 July 2012. He is also a member of the remuneration committee, the nomination committee and the executive committee of the Company and a director of certain subsidiaries of the Company.

Mr. WONG is also an executive director of Synergis Holdings Limited (“Synergis”) and the chairman of the board of directors of Synergis. He is deemed to be one of the substantial shareholders of the Company through Neo Summit Limited under the Securities and Futures Ordinance (Chapter 571 of the Laws of Hong Kong) (the “SFO”).

Mr. WONG joined the administrative officer grade of the Hong Kong Government in 1975 and served in a number of key positions including Deputy Secretary for the Civil Service and Deputy Director – General of Industry. Mr. WONG joined the private sector in 1992 and since then, he had held top management positions in a number of Hong Kong listed companies in property development and construction business sectors including K. Wah International Holdings Limited, Henderson China Holdings Limited and the Shui On Group.

Mr. WONG started his political career at the national level when he was appointed as a member of The Basic Law Consultative Committee (1985-1990) by the Central People’s Government. He was subsequently appointed by The National People’s Congress of the People’s Republic of China (“NPC”) as a member of the Preliminary Working Committee for the Hong Kong Special Administrative Region (the “HKSAR”) Preparatory Committee in 1993 and a member of the HKSAR Preparatory Committee in 1995, both bodies were responsible for the transitional policies and arrangements relating to the establishment of the HKSAR Government in 1997. Mr. WONG was a Deputy to the NPC during the period from 1997 to 2013.

Mr. WONG’s public service continues through his participation in a number of councils and committees in Hong Kong. He is currently the chairman of Hong Kong Arts Development Council; the chairman of Standing Commission on Civil Service Salaries and Conditions of Service; the chairman of The Hong Kong International Film Festival Society Limited; the chairman of Hong Kong Baptist University Foundation; the chairman of the Pacific Basin Economic Council; the chairman of Hong Kong Institute for Public Administration and a member of Hong Kong Film Development Council. He was the chairman of the Court and Council of the Hong Kong Baptist University during the period from 2007 to 2012.

For his distinguished public service, Mr. WONG was awarded the Silver Bauhinia Star by the Government of the HKSAR in 2007. He was educated at Harvard University (MPA), University of Oxford, The University of Hong Kong (BSoc.Sc.) and The Chinese University of Hong Kong.

Mr. WONG is currently an independent non-executive director of Xinyi Glass Holdings Limited, which is listed on the main board of The Stock Exchange of Hong Kong Limited (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.