irasia.com



Corporate Governance       

The Company is committed to enhancing its corporate governance practices appropriately to the conduct and growth of its business, and to pursue a right balance between conformance and performance in its corporate governance.

In 2004, before our listing, we established an Audit Committee and a Remuneration Committee to assist the Board in its work and to ensure these functions are the subject of rigorous, independent review.

Since our listing in October 2006, Shui On Land's commitment to corporate governance is demonstrated through the following:

Shui On Land Corporate Governance Organisation

Audit Committee

Shui On Land's Audit Committee comprises three members, namely Professor Gary C. BIDDLE, Dr. Roger L. McCARTHY and Mr. David J. SHAW. Professor Gary C. BIDDLE, Dr. Roger L. McCARTHY and Mr. David J. SHAW are Independent Non-executive Directors. The Chairman of the Audit Committee is Professor Gary C. BIDDLE. The primary duties of the Audit Committee are to review and supervise the financial reporting process and internal control system of the Company and nominate and monitor external auditor.

Terms of reference for the Audit Committee

Remuneration Committee

Shui On Land's Remuneration Committee comprises three members, namely Dr. William K. L. FUNG, Mr. Vincent H. S. LO and Professor Gary C. BIDDLE. Dr William K. L. FUNG and Professor Gary C. BIDDLE are Independent Non-executive Directors. The Chairman of the Remuneration Committee is Dr. William K. L. FUNG. The primary duties of the Remuneration Committee are to evaluate the performance and make recommendations on the remuneration package for our directors and senior management, and evaluate and make recommendations on employee benefit arrangements.

Terms of reference for the Remuneration Committee

Nomination Committee

Shui On Land's Nomination Committee comprises three members, namely Mr. Vincent H. S. LO, Sir John R. H. BOND and Professor Gary C. BIDDLE. The Chairman of the Nomination Committee is Mr. Vincent H. S. LO. The primary duties of the Nomination Committee are to review the structure, size and composition of the Board, identify individuals suitably qualified to become members of the Board, and assess the independence of independent non-executive directors.

Terms of reference for the Nomination Committee

Finance Committee

Shui On Land's Finance Committee comprises seven members, namely Mr. Vincent H. S. LO, Mr. Frankie Y. L. WONG, Sir John R. H. BOND, Dr. William K. L. FUNG, Professor Gary C. BIDDLE, Mr. Douglas H. H. SUNG and Mr. Anthony J. L. NIGHTINGALE. The Chairman and the vice chairman of the Finance Committee are Mr. Vincent H. S. LO and Mr. Frankie Y. L. WONG respectively. The primary duties of the Finance Committee are to establish and monitor policies and guidelines on all financial matters.

An Investment Sub-Committee has been established under the Finance Committee for the performance of certain duties of the Finance Committee as set out in the Terms of Reference.

Terms of reference for the Finance Committee

updated 21st May, 2017


  • Company's Index
  • irasia.com

  • © Copyright 1996-2017 irasia.com Ltd. All rights reserved.
    DISCLAIMER: irasia.com Ltd makes no guarantee as to the accuracy or completeness of any information provided on this website. Under no circumstances shall irasia.com Ltd be liable for damages resulting from the use of the information provided on this website.
    TRADEMARK & COPYRIGHT: All intellectual property rights subsisting in the contents of this website belong to irasia.com Ltd or have been lawfully licensed to irasia.com Ltd for use on this website. All rights under applicable laws are hereby reserved. Reproduction of this website in whole or in part without the express written permission of irasia.com Ltd is strictly prohibited.
    TERMS OF USE: Please read the Terms of Use governing the use of our website.