Corporate Governance

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Corporate Governance

Overview

Singamas Container Holdings Limited (the “Company”) has consistently adopted and complied with the applicable code provisions of the Corporate Governance Code as set out in Appendix 14 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited as guidelines to reinforce our corporate governance principles as explained in Annual Reports of the Company every year.

The board of directors of the Company believes that appropriate corporate governance practices are essential for the Company to enhance its accountability and transparency so as to achieve a balance of the interests of shareholders, customers, employees and investment partners of the Company in all material respects. Accordingly, the Company aims at maintaining high standards of corporate governance practices.

Please refer to the "About Us" section for the brief biographical details of the Directors.

Terms of Reference for Board of Directors pdf Articles of Association pdf Procedures for Shareholders of the Company to Convene Meetings / Put Forward Proposals pdf Shareholders Communication Policy pdf Whistle Blowing Policy pdf

Our board committees

There are four Board committees. The table below provides membership information of these committees on which each Board member serves.

Audit Committee

Terms of reference

Singamas Container Holdings Limited has established the Audit Committee to review and supervise the financial reporting process, financial controls, internal control and risk management system of the Group and to provide recommendations and advices to the Board on the appointment, re-appointment and removal of external auditors as well as their terms of appointment.

The Audit Committee currently comprises four members namely:

  • Mr. Lau Ho Kit, IVAN (Chairman)
  • Mr. Cheng Fu Kwok, David
  • Mr. Ho Teck Cheong
  • Ms. Lau Man Yee, Vanessa

Management Committee

Terms of reference

Singamas Container Holdings Limited has established the Management Committee comprising of the executive directors of the Company for approving routine transactions as stipulated in the terms of reference of Management Committee.

The Management Committee currently comprises two members namely:

  • Mr. Teo Siong Seng (Chairman)
  • Ms. Siu Wai Yee, Winnie
  • Ms. Chung Pui King, Rebecca

Nomination Committee

Terms of reference

Singamas Container Holdings Limited has established the Nomination Committee for nominating potential candidates for directorship, reviewing the nomination of Directors, assessing the independence of each independent non-executive Director and making recommendations to the Board on such appointments.

The Nomination Committee currently comprises three members namely:

  • Mr. Teo Siong Seng (Chairman)
  • Mr. Lau Ho Kit, Ivan
  • Mr. Cheng Fu Kwok, David

Remuneration Committee

Terms of reference

The Board has established Remuneration Committee to make recommendations on the Company’s remuneration policy and structure for all remuneration of Directors and senior management. No Director and senior management can determine his/her own remuneration.

The Remuneration Committee currently comprises four members namely:

  • Mr. Cheng Fu Kwok, David (Chairman)
  • Mr. Lau Ho Kit, Ivan
  • Mr. Ho Teck Cheong