HKEx Stock Code : 1232.HK

Corporate Governance

Audit Committee

Golden Wheel has established an audit committee in compliance with the Code of Corporate Governance Practices as set out in Appendix 14 of the Listing Rules. The primary duties of the audit committee are to review and supervise our financial reporting process and internal control system and provide advice and comments to our Board. The audit committee consists of three members, namely Ms. Howe Sau Man, Mr. Hui Yan Moon and Mr. Lie Tak Sen. The chairman of the audit committee is Ms. Howe Sau Man, an independent non-executive Director.

Remuneration Committee

Golden Wheel has established a remuneration committee in compliance with the Code of Corporate Governance Practices as set out in Appendix 14 of the Listing Rules. The primary duties of the remuneration committee are to make recommendations to our Directors on our policy and structure for all remuneration of our Directors and senior management and on the establishment of a formal and transparent procedure for developing policies on such remuneration, determine the terms of the specific remuneration package of each executive Director and senior management and review and approve performance-based remuneration by reference to corporate goals and objectives resolved by our Directors from time to time. The remuneration committee consists of three members, namely, Mr. Hui Yan Moon, Mr. Lie Tak Sen and Mr. Wong Kam Fai. The chairman of the remuneration committee is Mr. Hui Yan Moon.

Nomination Committee

Golden Wheel has established a nomination committee in compliance with the Code of Corporate Governance Practices as set out in Appendix 14 of the Listing Rules. The primary duties of the nomination committee are to review the structure, size and composition of our Board on a regular basis and make recommendations to the Board regarding any proposed changes, identify, select or make recommendations to our Board on the selection of individuals nominated for directorships, assess the independence of our independent non-executive Directors and make recommendations to the Board on relevant matters relating to the appointment or reappointment of our Directors and succession planning for our Directors. The nomination committee consists of three members, namely Mr. Wong Yam Yin, Mr. Wong Ying Loi and Ms. Howe Sau Man. The chairman of the nomination committee is Mr. Wong Yam Yin, an executive Director.

Procedures for Members to Propose as Person for Election as a Director
Memorandum and Article of Association
Terms of Reference of the Nomination Committee
Terms of Reference of the Remuneration Committee
Terms of Reference of the Audit Committee
List of Directors and their Role and Function