Edition:
United Kingdom

Guoco Group Ltd (0053.HK)

0053.HK on Hong Kong Stock

107.80HKD
15 Feb 2018
Change (% chg)

HK$2.00 (+1.89%)
Prev Close
HK$105.80
Open
HK$105.50
Day's High
HK$107.80
Day's Low
HK$105.50
Volume
7,000
Avg. Vol
54,990
52-wk High
HK$133.80
52-wk Low
HK$88.30

Summary

Name Age Since Current Position

Leng Hai Kwek

64 2016 Executive Chairman of the Board

Hong Cheong Tang

62 2016 President, Chief Executive Officer, Director

Chi Ming Mak

2017 Group Financial Controller

Sze Man Lo

Company Secretary

Leng San Kwek

62 1990 Non-Executive Director

Lim Heng Tan

69 2015 Non-Executive Director

David Norman

61 2013 Independent Non-Executive Director

Roderic Sage

64 2009 Independent Non-Executive Director

Volker Stoeckel

72 2004 Independent Non-Executive Director

Biographies

Name Description

Leng Hai Kwek

Mr. Kwek Leng Hai serves as Executive Chairman of the Board of Guoco Group Limited. Mr. Kwek LH is a member of the Board Remuneration Committee (“BRC”) of Guoco since 1 September 2016. He was appointed to the Board in 1990 and assumed the position of the President, CEO of Guoco from 1995 up to 1 September 2016. He is also a director of Guoco’s key listed subsidiaries and associated companies including as the Non-executive Chairman of GL Limited (“GL“) and a Director of GuocoLand Limited (“GuocoLand”), Hong Leong Bank Berhad and Bank of Chengdu Co., Ltd. He is a Director and shareholder of Hong Leong Company (Malaysia) Berhad (“HLCM”, and together with its subsidiaries, the “Hong Leong Group”), the ultimate holding company of Guoco. He also serves as the Chairman of Lam Soon (Hong Kong) Limited (“LSHK”). He was qualified as a chartered accountant of the Institute of Chartered Accountants in England and Wales and has extensive experience in various business sectors, including but not limited to finance, investment, manufacturing and real estate. He is a brother of Mr. Kwek Leng San.

Hong Cheong Tang

Mr. Tang Hong Cheong serves as President, Chief Executive Officer, Director of the Company since 1 September 2016. He is also a Group Managing Director of GL and a Director of GuocoLand and LSHK. He held various senior management positions in different companies within the Hong Leong Group. Prior to joining the Guoco Group, he was the President/Finance Director of HL Management Co Sdn Bhd. He was also a Director of Southern Steel Berhad (“Southern Steel”), the Nonexecutive chairman of GLM REIT Management Sdn Bhd which is the manager of Tower Real Estate Investment Trust. Mr. Tang is a member of the Malaysian Institute of Accountants and has over 40 years of broad-based and C-suite expertise in finance, treasury, risk management, operations and strategic planning. He possesses in-depth knowledge in investment, manufacturing, financial services, property development, gaming and hospitality industry.

Chi Ming Mak

Sze Man Lo

Leng San Kwek

Y. Bhg. Datuk Kwek Leng San serves as Non-executive Director of Guoco Group Limited since 1990. He is the Chairman of Malaysian Pacific Industries Berhad, Hong Leong Industries Berhad, Hume Industries Berhad and Southern Steel. He is a Director and shareholder of HLCM. He graduated from University of London with a Bachelor of Science (Engineering) degree and also holds a Master of Science (Finance) degree from City University London. He has extensive business experience in various business sectors, including financial services and manufacturing. He is a brother of Mr. Kwek Leng Hai.

Lim Heng Tan

Mr. Tan Lim Heng serves as Non-Executive Director of Guoco Group Limited since March 2015. He had been an Executive Director of Guoco since 1996. He also serves as a Director of LSHK. Mr. Tan holds a Bachelor of Science first class honours degree in engineering from University of Surrey and a Master of Science degree in management from Massachusetts Institute of Technology. He also previously worked in Geneva in 1974 with the United Nations Conference on Trade and Development. Prior to joining Guoco, he had served in the Singapore Civil Service as a Colombo Plan Scholar from 1975 to 1978 before coming to work in Hong Kong with a financial services company and a major U.S. bank. Mr. Tan has extensive experience in property investment, financial and investment management services.

David Norman

Mr. David Michael Norman serves as Independent Non-Executive Director of Guoco Group Limited since July 2013. He was appointed as the Chairman of the Share Registrars’ Disciplinary Committee of the Securities and Futures Commission of Hong Kong (“SFC”) for a term from 1 April 2017 to 31 March 2019. He was also appointed as a member of the Takeovers Appeal Committee of the SFC and reappointed as a member of the Takeovers and Mergers Panel of the SFC, both for a term from 1 April 2016 to 31 March 2018. Mr. Norman studied philosophy and psychology at Oxford University in the United Kingdom and was admitted as a solicitor in the United Kingdom and Hong Kong in 1981 and 1984 respectively. He was a partner of an international law firm until he resigned in 2010. Mr. Norman is also a non-executive director of South China Holdings Company Limited, listed in Hong Kong. Mr. Norman has extensive experience in mergers and acquisitions and corporate finance.

Roderic Sage

Mr. Roderic N. A. Sage serves as Independent Non-Executive Director of Guoco Group Limited. He was appointed as an Independent Non-executive Director of Guoco since October 2009 and is the Chairman of the BAC and a member of both the BRC and the BNC of Guoco. He is the Chief Executive Officer of a specialist tax, corporate services and trust consultancy firm in Hong Kong. Prior to that, he had worked with KPMG Hong Kong over 20 years until 2003, as a senior partner and member of the management board of KPMG. He has been granted fellow status with the Institute of Chartered Accountants in England and Wales and with the Hong Kong Institute of Certified Public Accountants. He is also an associate member of the Institute of Taxation in England. He has over 30 years’ experience in accounting, international tax planning and investment structuring enhanced by considerable knowledge of cross-boarder and onshore and offshore transactions and structures. Mr Sage was a Convenor of the Financial Reporting Review Panel of the FRC during the period from July 2007 to July 2010. He is also an independent non-executive director of Tai Ping Carpets International Limited listed in Hong Kong and the Alpha Tiger Fund listed on London’s Alternative Investment Market.

Volker Stoeckel

Mr. Volker Stoeckel serves as Independent Non-Executive Director of Guoco Group Limited. He has been an Independent Non-executive Director of Guoco since 2004 and is the Chairman of the BRC and a member of both the Board Audit Committee (“BAC”) and the BNC of Guoco. He was Chairman and CEO of Metal Cast Zhong Shan Limited during the period from 2007 to 2009. He was also Chairman and CEO of the German Centre for Industry and Trade in Shanghai until 2006. Before that he held various senior banking positions in Asia for over 26 years. Until 2004 he was the Senior Executive Vice President and Chief Executive of Asia Pacific of Bayerische Landesbank, Regional Head Office, in Hong Kong. Mr Stoeckel has wide ranging experience in capital markets, corporate finance, project finance, treasury and securities business, and property development of commercial and industrial projects in China. He is also a consultant for major companies in Asia for projects in Europe. He graduated from the University of Munich in economics and holds a diploma in banking.

Basic Compensation

Name Fiscal Year Total

Leng Hai Kwek

5,354,000

Hong Cheong Tang

972,000

Chi Ming Mak

--

Sze Man Lo

--

Leng San Kwek

--

Lim Heng Tan

41,000

David Norman

53,000

Roderic Sage

62,000

Volker Stoeckel

59,000
As Of  30 Jun 2017