Annual Report - QuamIR

Report of the Directors (Continued)
Five-Year Financial Summary
A summary of the results and of the assets and liabilities of the Group for the
last five financial years is set out on page 193.
Directors
The Directors during the year and up to the date of this report were:
193
* OEI Tjie Goan (Chairman)
* LI Xueming (Deputy Chairman) (retired on 1 June 2011)
* XU Zheng (Deputy Chairman) (resigned on 6 April 2011)
# OEI Kang, Eric
# CHANG Li Hsien, Leslie (Chief Executive Officer)
# CHUNG Wai Sum, Patrick (Managing Director)
(appointed on 10 June 2011)
* YEN Teresa
* WAN Ming Sun
* LIU Guolin (retired on 1 June 2011)
@ FAN Yan Hok, Philip
@ CHUNG Cho Yee, Mico
@ CHENG Yuk Wo
@ Albert Thomas DA ROSA, Junior
*
*
*
#
#
#
*
*
*
@
@
@
@
# Executive Directors
* Non-executive Directors
@ Independent Non-executive Directors
#
*
@
In accordance with Bye-law 85 of the Company’s Bye-laws, Mr. OEI Tjie
Goan, Ms. YEN Teresa and Mr. CHUNG Cho Yee, Mico will retire by rotation
at the forthcoming annual general meeting and, being eligible, will offer
themselves for re-election as Directors of the Company. Mr. CHUNG Wai
Sum, Patrick, who was newly appointed by the Board on 10 June 2011, will
also retire from office in accordance with bye-law 84 of the Company’s Bye-
Laws and will offer himself for re-election as Director of the Company.
85
84
The Company has also received from each of the Independent Non-executive
Directors an annual confirmation of his independence pursuant to Rule 3.13 of
the Rules Governing the Listing of Securities on the Stock Exchange of Hong
Kong Limited. The Company considers that all of them to be independent.
3.13
Mr. OEI Tjie Goan, a Non-executive Director and Chairman of the Company,
has voluntarily agreed to waive his annual director’s fees with effect from 1
January 2010 until further notice to the Company, and the director’s fee he
waived for the year ended 31 December 2011 amounted to HK$100,000.
100,000
34 HKC (Holdings) Limited • Annual Report 2011