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Corporate Governance

Broad Committee

Audit Committee

Our Company established the Audit Committee on 22 September 2017 with written terms of reference in compliance with Rules 5.28 to 5.33 of the GEM Listing Rules and paragraph C.3 of the Corporate Governance Code and Corporate Governance Report as set out in Appendix 15 to the GEM Listing Rules. The primary duties of the Audit Committee are mainly to make recommendations to the Board on the appointment and removal of external auditors; review the financial statements and material advice in respect of financial reporting; and oversee internal control procedures of our Company. The Audit Committee currently consists of three members, namely Mr. Hung Kin Sang, Mr. Lee Yin Sing and Mr. Wan Chun Kwan. The chairman of our Audit Committee is Mr. Lee Yin Sing.

Remuneration Committee

Our Company established the Remuneration Committee on 22 September 2017 with written terms of reference in compliance with Rules 5.34 to 5.36 of the GEM Listing Rules and paragraph B.1 of the Corporate Governance Code and Corporate Governance Report as set out in Appendix 15 to the GEM Listing Rules. The primary duties of the Remuneration Committee are to make recommendations to the Board on the overall remuneration policy and structure relating to all Directors and senior management of our Group; review performance based remuneration; and ensure none of our Directors determine their own remuneration. The Remuneration Committee currently consists of three members, namely Mr. Sung Sing Yan, Mr. Hung Kin Sang and Mr. Wan Chun Kwan. The chairman of the Remuneration Committee is Mr. Hung Kin Sang.

Nomination Committee

Our Company established the Nomination Committee on 22 September 2017 with written terms of reference in compliance with paragraph A.5 of the Corporate Governance Code and Corporate Governance Report as set out in Appendix 15 to the GEM Listing Rules. The primary duties of the Nomination Committee are to review the structure, size and composition of the Board on a regular basis; identify individuals suitably qualified to become Board members; assess the independence of independent non-executive Directors; and make recommendations to the Board on relevant matters relating to the appointment or re-appointment of Directors. The Nomination Committee currently consists of three members, namely Mr. Fok, Mr. Hung Kin Sang and Mr. Lee Yin Sing. The chairman of the Nomination Committee is Mr. Fok.

Risk and Technical Committee

Our Company established the Risk and Technical Committee on 22 September 2017. The primary duties of the Risk and Technical Committee are to review our Company’s risk management policies and monitor the risk exposed to our Group during our course of provision of fire safety services to our customers and our implementation of the related internal control procedures. The Risk and Technical Committee currently consists of three members, namely Mr. Sung Sing Yan, Mr. Wong Chi Chiu and Mr. Wan Chun Kwan. The chairman of the Risk and Technical Committee is Mr. Wan Chun Kwan.