Corporate Governance Practice

Wang On Properties believes that good corporate governance is fundamental to the success of the company as it enhances the value of shareholders and other stakeholders. The company is committed to maintaining a high standard of corporate governance practices emphasizing transparency, accountability, integrity, independence and timely review.

Corporate Governance Code

Wang On Properties endeavors to ensure its business is in compliance with the Rules, and as such has applied the principles of the code provisions set out in the Corporate Governance code (the “Code”) in Appendix 14 to The Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”). The Board regularly reviews the company’s compliance with the Code.

Board Of Directors

The Board has set up various committees. including the Executive Directors Committee, the Audit Committee, the Remuneration Committee, and the Nomination Committee, with their overall duties and responsibilities listed in written form, and will be reviewed and updated whenever necessary.