Corporate
Governance Report
The Board held four Board meetings in 2015 with an average Director attendance of approximately 97%.
NAME OF DIRECTOR
ATTENDED/ELIGIBLE TO ATTEND
CHAIRMAN AND NONEXECUTIVE DIRECTOR
Mr. Fok Kin Ning, Canning
4/4
DEPUTY CHAIRMAN AND NONEXECUTIVE DIRECTOR
Dr. John Edward Wenham Meredith
4/4
EXECUTIVE DIRECTOR
Mr. Ip Sing Chi
4/4
NONEXECUTIVE DIRECTOR
Mr. Frank John Sixt
4/4
INDEPENDENT NONEXECUTIVE DIRECTORS
Mr. Graeme Allan Jack
4/4
Mr. Chan Tze Leung, Robert
4/4
Prof. Ma Si Hang, Frederick
(1)
3/4
Mrs. Sng Sow-Mei (alias Poon Sow Mei)
4/4
Mr. Kevin Anthony Westley
4/4
Mr. Wong Kwai Lam
(2)
0/0
(1)
Resigned with eect from 2 December 2015
(2)
Appointed with eect from 2 December 2015
The constitution of the Trustee-Manager allow directors to participate in the Board and Board Committee meeting by telephone
conference or video-conference whereby all persons participating in the meeting are able to communicate as a group.
Upon appointment to the Board, Director receives a formal letter of appointment setting out directors’ duties, a package of
orientation materials on the Group, and is provided with a comprehensive induction to the Group’s businesses, strategic direction and
governance practice by senior executives.
To enable Directors to fully discharge their duties and obligations, each Director has been furnished with a legal and regulatory
compliance manual prepared by professional advisers.
Directors are provided with updates and briefings from time to time by professional advisers, auditors and Management on relevant
practices, new laws, rules and regulations, directors’ duties and responsibilities, corporate governance, changes in accounting
standards and risk management issues applicable or relevant to the performance of their duties and responsibilities as Directors.
Briefings and updates provided to Directors for the financial year ended 31 December 2015
At every Audit Committee meeting, the Chief Financial Ocer (“CFO”), Mr. Ivor Chow, briefed the Audit Committee members on
developments in accounting and governance standards.
At every quarterly Board meeting, the CEO and/or CFO provided business updates and highlights of HPH Trust’s quarterly accounts.
The scope of such update includes general economic conditions and how it aects HPH Trust’s business, overview of industry trends
and developments, and developing trends.
047
ANNUAL REPORT 2015
HUTCHISON PORT HOLDINGS TRUST
