G-Resources maintains high standards of corporate governance and transparency so as to protect the interests of shareholders. The Group will continue to raise these standards to formalize the best practices of corporate governance.
The Company has adopted the code provisions set out in the Code of Corporate Governance Practices (the “Corporate Governance Code”) contained in Appendix 14 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) as its own code of corporate governance practices.
The board of Directors (the “Board”) of the Company comprises seven executive directors, one non-executive director and three independent non-executive directors (“INEDs”) (collectively the “Directors”).
The principal functions of the Board are to supervise the management of the business and company’s affairs; to approve the strategic plans, investment and funding decisions; to review the Group’s financial performance and operative initiatives. The role of the INEDs is to bring an independent and objective view to the Board’s deliberations and decisions.
As recommended in the Corporate Governance Code, the posts of Chairman and the Chief Executive Officer are separate and not held by the same individual to ensure their independence, accountability and responsibility. The day-to-day running of the Company is delegated to the management, with divisional heads responsible for different aspects of the business.
The Group’s system of internal control, which includes a defined management structure with limits of authority, is designed to help the achievement of business objectives, safeguard assets against their unauthorised use or disposition, ensure the maintenance of proper accounting records for the provision of reliable financial information for internal use or for publication, and ensure compliance with relevant legislation and regulations.
There are 4 Board committees. The membership information of these committees is set out below.
Investment and Management Committee
Mr Chiu Tao, Chairman
Mr Owen L Hegarty
Mr Peter Geoffrey Albert
Mr Ma Xiao
Mr Hui Richard Rui
Audit Committee
Mr Or Ching Fai, Chairman
Ms Ma Yin Fan
Mr Leung Hoi Ying
Remuneration Committee
Mr Or Ching Fai, Chairman
Ms Ma Yin Fan
Mr Leung Hoi Ying
Nomination Committee
Mr Chiu Tao, Chairman
Mr Or Ching Fai
Ms Ma Yin Fan
The Company has adopted the code provisions set out in the Code of Corporate Governance Practices (the “Corporate Governance Code”) contained in Appendix 14 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) as its own code of corporate governance practices.
The board of Directors (the “Board”) of the Company comprises seven executive directors, one non-executive director and three independent non-executive directors (“INEDs”) (collectively the “Directors”).
The principal functions of the Board are to supervise the management of the business and company’s affairs; to approve the strategic plans, investment and funding decisions; to review the Group’s financial performance and operative initiatives. The role of the INEDs is to bring an independent and objective view to the Board’s deliberations and decisions.
As recommended in the Corporate Governance Code, the posts of Chairman and the Chief Executive Officer are separate and not held by the same individual to ensure their independence, accountability and responsibility. The day-to-day running of the Company is delegated to the management, with divisional heads responsible for different aspects of the business.
The Group’s system of internal control, which includes a defined management structure with limits of authority, is designed to help the achievement of business objectives, safeguard assets against their unauthorised use or disposition, ensure the maintenance of proper accounting records for the provision of reliable financial information for internal use or for publication, and ensure compliance with relevant legislation and regulations.
There are 4 Board committees. The membership information of these committees is set out below.
Investment and Management Committee
Mr Chiu Tao, Chairman
Mr Owen L Hegarty
Mr Peter Geoffrey Albert
Mr Ma Xiao
Mr Hui Richard Rui
Audit Committee
Mr Or Ching Fai, Chairman
Ms Ma Yin Fan
Mr Leung Hoi Ying
Remuneration Committee
Mr Or Ching Fai, Chairman
Ms Ma Yin Fan
Mr Leung Hoi Ying
Nomination Committee
Mr Chiu Tao, Chairman
Mr Or Ching Fai
Ms Ma Yin Fan
- List of Directors and their Role and Function
- Terms of Reference of Audit Committee
- Terms of Reference of Remuneration Committee
- Terms of Reference of Nomination Committee
- Terms of Reference of Board of Directors
- Terms of Reference of Investment and Management Committee
- Procedures for Shareholders to Propose a Person for Election as a Director of the Company in Annual General Meetings
- Shareholders Communication Policy
- Whistleblowing Policy
- Memorandum of Association and Bye-Laws