Edition:
United Kingdom

Wheelock and Co Ltd (0020.HK)

0020.HK on Hong Kong Stock

46.25HKD
16 Sep 2019
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Summary

Name Age Since Current Position

Chun Kuen Woo

40 2014 Chairman of the Board, Managing Director

Chi Kin Leung

80 2012 Vice Chairman of the Board

Tin Hoi Ng

67 1995 Deputy Chairman of the Board

Y. C. Tsui

72 2008 Group Chief Financial Officer, Executive Director

Kwong Yiu Wong

54 2018 Executive Director

Wing Sang Chan

Company Secretary

Dao Cheng

72 2012 Non-Executive Director

Tak Hay Chau

76 2012 Independent Non-Executive Director

Kwok Wai Leong

59 2013 Independent Non-Executive Director

Alan Smith

75 2012 Independent Non-Executive Director

Yat Sun Tang

66 2012 Independent Non-Executive Director

Woo Shou Ting

76 2003 Independent Non-Executive Director

Sau Ling Tse

66 2013 Independent Non-Executive Director

Sekkemn Yee

68 2010 Independent Non-Executive Director

Biographies

Name Description

Chun Kuen Woo

Mr. Woo Chun Kuen (Douglas) is Chairman of the Board and Managing Director of Wheelock and Co Limited. Mr Woo has been Chairman of the Company since 2014 and a Director and Managing Director since 2013. He is chairman and member of the Nomination Committee and a member of the Remuneration Committee. He is also vice chairman and managing director of Wheelock Properties Limited (“WPL”) and a director of certain other subsidiaries of the Company. Mr Woo is a Non-official member of the Development Bureau’s Land and Development Advisory Committee and a member of the Land Sub-Committee; chairman of the Environment and Conservation Fund; a director and Executive Committee member of The Real Estate Developers Association of Hong Kong (“REDA”); General Committee member, chairman of the Real Estate & Infrastructure Committee of the Hong Kong General Chamber of Commerce (“HKGCC”); and Patron of Project WeCan (a Business-in- Community school project). Mr Woo is also a member of the Beijing Committee of the Chinese People’s Political Consultative Conference (“CPPCC”) and a member of the All-China Youth Federation. He was appointed a Justice of the Peace in 2016. Mr Woo holds a Bachelor degree in Architecture from Princeton University in USA and a Master of Business Administration degree (EMBA Program) from The HKUST Business School and The Kellogg School of Management of Northwestern University. He was awarded an Honorary Doctor of Humane Letters degree by Savannah College of Art and Design (Hong Kong). Under the existing service contract between the Group and Mr Woo, his basic salary and various allowances for the year 2019, calculated on an annualised basis, would be approximately HK$6.94 million (2018: HK$6.48 million) per annum.

Chi Kin Leung

Mr. Stewart Chi Kin Leung is Vice Chairman of the Board of Wheelock and Company Limited, since 2012. Mr. Leung has been Vice Chairman of the Company since 2012. He is currently the chairman of WPL and Wheelock Properties (Hong Kong) Limited (“WPHKL”), both being wholly-owned subsidiaries of the Company. Mr Leung has extensive experience in property development, construction, management and related businesses in Hong Kong. He was formerly a director of two publicly listed companies, namely, New World Development Company Limited and New World China Land Limited. Mr Leung is currently the chairman of the Executive Committee of REDA. Under the existing service contract between the Group and Mr Leung, his basic salary and various allowances for the year 2019, calculated on an annualised basis, would be approximately HK$5.50 million (2018: HK$5.50 million) per annum.

Tin Hoi Ng

Mr. Stephen Tin Hoi Ng is Deputy Chairman of the Board of Wheelock and Company Limited. Mr. Ng has been a Director of the Company since 1988 and became Deputy Chairman in 1995. He is chairman and managing director of The Wharf (Holdings) Limited (“WHL”) and Wharf Real Estate Investment Company Limited (“Wharf REIC”), as well as chairman of Harbour Centre Development Limited, all of which are publicly listed subsidiaries of the Company. Furthermore, he is non-executive chairman of publicly listed Joyce Boutique Holdings Limited (“JBHL”) and chairman of Wheelock Properties (Singapore) Limited (a subsidiary of the Company, publicly listed in Singapore until October 2018). Mr Ng formerly served as chairman and chief executive officer of publicly listed i-CABLE Communications Limited (“i-CABLE”) until his resignation in September 2017, and also as a non-executive director of Hotel Properties Limited (publicly listed in Singapore and formerly an associated company of the Company) until his resignation in December 2018. Mr Ng was born in Hong Kong in 1952 and grew up in Hong Kong. He attended Ripon College in Ripon, Wisconsin, USA and the University of Bonn, Germany, from 1971 to 1975, and graduated with a major in mathematics. He is chairman of Project WeCan Committee (a Business-in-Community school project), vice chairman of the Employers’ Federation of Hong Kong (“EFHK”) and a council member of HKGCC. Under the existing service contract between the Group and Mr Ng, his basic salary and various allowances for the year 2019, calculated on an annualised basis, would be approximately HK$8.65 million (2018: HK$8.39 million) per annum.

Y. C. Tsui

Mr. Paul Y. C. Tsui, FCCA, FCPA, FCMA, CGMA, CPA, CGA, is Group Chief Financial Officer and Executive Director of Wheelock and Company Limited. He has been a Director of the Company since 1998. He became Executive Director of the Company in 2003 and is currently also the Group Chief Financial Officer. Mr Tsui is a vice chairman and the group chief financial officer of WHL and a vice chairman and an executive director of Wharf REIC. Furthermore, he is a vice chairman of WPL and a director of certain other subsidiaries of the Company. Mr Tsui is also a director of JBHL. He formerly served as a director of i-CABLE until his resignation in September 2017. Mr Tsui is currently a member of the General Committee of the EFHK and chairman of the EFHK’s Property & Construction functional group. Under the existing service contract between the Group

Kwong Yiu Wong

Mr. Ricky Kwong Yiu Wong is Executive Director of the Company. Mr. Wong has been a Director of the Company since 2010 and became an Executive Director in January 2018. He joined the Group in 1989 and is currently the managing director of WPL and WPHKL, as well as a director of certain other subsidiaries of the Company. He is presently responsible for overseeing the property development and related business of the Group in Hong Kong. Mr Wong is currently a member of the General Committee of the EFHK, a member of the Legal Sub-committee of REDA, a director of The Hong Kong Green Building Council, a fellow member of Royal Institution of Chartered Surveyors, and a board member of Estate Agents Authority. Mr Wong is currently the chairman of the Advisory Committee on Enhancing Self-reliance through District Partnership (ESR) Programme of the Home Affairs Department after serving as a member of the committee from July 2016 to June 2018.

Wing Sang Chan

Dao Cheng

Mrs. Cheng Dao (Mignonne) is Non-Executive Director of Wheelock and Company Limited., since 2012. Mrs. Cheng has been a Non-executive Director of the Company since 2012. Mrs Cheng, a seasoned banker, has amassed over 35 years of experience in the financial sector with over 25 years in senior management positions in corporate and commercial banking as well as investment banking. She joined BNP Paribas in 1990 and has held various senior positions in BNP Paribas group in the past 28 years. Mrs Cheng is currently the chairman of BNP Paribas Wealth Management for Asia Pacific and a member of the executive committee of BNP Paribas Wealth Management, since the appointment in 2010.

Tak Hay Chau

Mr. Chau Tak Hay, GBS, is Independent Non-Executive Director of Wheelock and Company Limited, since 2012. Mr. Chau has been an Independent Non-executive Director (“INED”) of the Company since 2012. He graduated from The University of Hong Kong in 1967. Mr Chau served in a number of principal official positions in the Hong Kong Government between 1988 and 2002, including Secretary for Commerce and Industry, Secretary for Broadcasting, Culture and Sport, and Secretary for Health and Welfare. Mr Chau was awarded the Gold Bauhinia Star by the Government of HKSAR in 2002. He is an INED of two companies publicly listed in Hong Kong, namely, SJM Holdings Limited and Tradelink Electronic Commerce Limited.

Kwok Wai Leong

Mr. Leong Kwok Wai (Winston) is Independent Non-Executive Director of Wheelock and Company Limited., since October 1, 2013. Mr. Leong has been an INED of the Company since 2013. He holds a Bachelor of Arts degree in economics and law from the University of Cambridge and a Bachelor of Laws degree from the University of British Columbia. He qualified to practise law in England & Wales, New York State and the Province of British Columbia, Canada, before working in investment banking and then management of private equity funds for investment in the Asia Pacific region. During the course of his career, he has worked in London, Vancouver, New York as well as Hong Kong. Mr Leong is currently a director of various private business enterprises.

Alan Smith

Mr. Alan Howard Smith, JP, is Independent Non-Executive Director of Wheelock and Company Limited. Mr. Smith has been an INED of the Company since 2012. He also serves as a member and chairman of the Company’s Audit Committee, and a member of the Company’s Nomination Committee and Remuneration Committee. He was the vice chairman, Pacific Region, of Credit Suisse First Boston (“CSFB”), a leading global investment bank from 1997 until he retired in December 2001. Prior to joining CSFB, he was chief executive of the Jardine Fleming group from 1983 to 1994 and was chairman of the Jardine Fleming group from 1994 to 1996. Mr Smith has over 27 years of investment banking experience in Asia. He was elected a council member of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) on two occasions. He was a member of the Economic Advisory Committee of the Government of HKSAR, and had for 10 years been a member of the Hong Kong Government’s Standing Committee on Company Law Reform. He was a trustee of the Hospital Authority Provident Fund Scheme from 2002 to 2014. Mr Smith graduated with an LLB (Honours) degree from Bristol University, England in 1964, and was admitted as a solicitor in England in 1967 and in Hong Kong in 1970. Mr Smith is also a director of Genting Hong Kong Limited and Guangdong Land Holdings Limited, which are both listed on the Stock Exchange. He has been appointed as an INED of ICBC Credit Suisse Asset Management Co., Ltd. since 21 March 2018. Mr Smith was a director of Noble Group Limited, which is listed on Singapore Exchange Securities Trading Limited, until he resigned from the office on 14 April 2016. He was also a director of American Indochina Resorts Limited, a private company incorporated in the British Virgin Islands which owned Nam Hai Resort in Danang, Vietnam, until his resignation on 16 May 2016.

Yat Sun Tang

Mr. Richard Tang Yat Sun, BSc, MBA, BBS, JP, CPA, is Independent Non-Executive Director of Wheelock and Company Limited. He has been an INED of the Company since 2012. He is an MBA graduate from the University of Santa Clara, California, USA and a holder of Bachelor of Science degree in Business Administration from Menlo College, California, USA. Mr Tang is currently chairman and managing director of Richcom Company Limited. He is also chairman of King Fook Holdings Limited and an executive director of Miramar Hotel and Investment Company, Limited, both companies are publicly listed on the Stock Exchange. Mr Tang formerly served as an INED of Hang Seng Bank Limited until his retirement in May 2018. Furthermore, he is a director of various private business enterprises and an advisor of Tang Shiu Kin and Ho Tim Charitable Fund.

Woo Shou Ting

Mr. Kenneth Ting Woo Shou is Independent Non-Executive Director of Wheelock and Company Limited., since 2003. He has been an INED of the Company since 2003. He also serves as a member and chairman of the Company’s Remuneration Committee as well as a member of the Company’s Audit Committee and Nomination Committee. Mr Ting is the chairman and managing director of publicly listed Kader Holdings Company Limited and chairman of Kader Industrial Company Limited. He is also an INED of publicly listed Cheuk Nang (Holdings) Limited. Mr Ting currently serves as the honorary president of HK Wuxi Trade Association Limited, the Federation of Hong Kong Industries, the Chinese Manufacturers’ Association of Hong Kong and the Toys Manufacturers’ Association of Hong Kong Limited, and also the Honorary Life President of Hong Kong Plastics Manufacturers’ Association Limited. Mr Ting also serves as a member of a number of other trade organisations and public committees such as HKGCC. He is also a Life Honorary Court member of The Hong Kong University of Science and Technology Court. Furthermore, he was formerly a member of the Jiangsu Provincial Committee of the CPPCC.

Sau Ling Tse

Ms. Nancy Sau Ling Tse , FCPA (HKICPA), CPA, CA (Canada), is Independent Non-Executive Director of Wheelock and Company Limited. She has been an INED of the Company since 2013. She also serves as a member of the Company’s Audit Committee. Ms Tse is currently an INED of Link Asset Management Limited (as manager of Link Real Estate Investment Trust, a publicly listed company in Hong Kong), DBS Bank (Hong Kong) Limited and HSBC Provident Fund Trustee (Hong Kong) Limited. She has also served as a member of the Board of Governors of the Prince Philip Dental Hospital since 1 August 2017. Ms Tse obtained her Bachelor of Arts (Honours) degree in Mathematics and Master of Business Administration degree in Finance/Accounting from the University of California, Los Angeles, United States; and qualified as Chartered Accountant in Toronto, Canada. She was the Chief Financial Officer and Director (Finance and Information Technology Services) of the Hong Kong Hospital Authority (“HA”) until her retirement at the end of August 2013. She joined the HA in 1991 when it was established. She is an Adjunct Professor of The Jockey Club School of Public Health and Primary Care of The Chinese University of Hong Kong. She also serves as a member of Audit Committee of The University of Hong Kong and sits on the boards and committees of a number of other charitable organisations and non-government organisations. Ms Tse is also a Fellow of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Hong Kong Institute of Directors.

Sekkemn Yee

Mr. Glenn Sekkemn Yee is Independent Non-Executive Director of Wheelock and Company Limited. He has been an INED of the Company since 2010. He also serves as a member of the Company’s Audit Committee. Dr Yee is the founder, managing director and chairman of Pacific Can China Holdings Limited (“Pacific Can”), which was a leading beverage can manufacturers in China. In 2018, after completing the sale of the entire China manufacturing business to a Chinese entity, he founded Oakhaven Limited, a private investment company involved in green industry and other projects. Dr Yee obtained a B.S. in Mechanical Engineering from Worcester Polytechnic Institute (“WPI”) in Massachusetts, an MBA Degree from Columbia University in New York, and received an Honorary Doctor of Engineering Degree from WPI. Starting his career in General Electric Company in New York, and later joining Continental Can Company in Stamford, Connecticut, he has held senior positions in Marketing and Finance areas and became managing director of Continental Can Hong Kong Ltd in 1988. He resigned in 1991 and subsequently started Pacific Can. Dr Yee is a member of the Board of Trustees at WPI.

Basic Compensation

Name Fiscal Year Total

Chun Kuen Woo

22,423,000

Chi Kin Leung

17,701,000

Tin Hoi Ng

50,332,000

Y. C. Tsui

23,100,000

Kwong Yiu Wong

15,906,000

Wing Sang Chan

--

Dao Cheng

200,000

Tak Hay Chau

200,000

Kwok Wai Leong

200,000

Alan Smith

350,000

Yat Sun Tang

200,000

Woo Shou Ting

350,000

Sau Ling Tse

300,000

Sekkemn Yee

300,000
As Of  31 Dec 2018