The Nomination Committee was established on 23 March 2012 pursuant to the provisions set out in the Corporate Governance Code. It comprises three members, namely Mr. Li, Alan, the Chairman of the Board, Mr. Kwan Kai Cheong and Mr. Yen Yuen Ho, Tony of each the independent non-executive Director. Mr. Li, Alan is the chairman of the Nomination Committee.
The main responsibilities of the Nomination Committee are to review the structure, size and composition (including the skills, knowledge, experience and diversity) of the Board at least annually and make recommendations on any proposed changes to the Board to implement the Company’s corporate strategy, and identify individuals suitably qualified to become directors and select, or make recommendations to the Board on the selection of individuals nominated for directorships. The Nomination Committee is also responsible for assessing the independence of independent non-executive Directors.