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Sanctions on HK Resources (2882) and 8 directors
SEHK, 4-Dec-2023
In 9 months, 12 "loans" were made to 9 borrowers, all of which fully defaulted. SEHK calls the audit committee, comprising INEDs, "notably ineffective". We note that one of them, Anthony Fan Ren Da, sits on 12 HK-listed boards, making him the third-busiest listco director. He's also Founding President of the HK INED Association, leading by example. Another INED, Loke Yu, sits on 5 boards. We remind you that in HK, controlling shareholders, who are often executives, vote in INED elections.
Organisations
- Hong Kong Independent Non-Executive Director Association Limited (The) 香港獨立非執行董事協會有限公司
- HONG KONG RESOURCES HOLDINGS COMPANY LIMITED 香港資源控股有限公司
- Prosten Finance Limited 長達財務有限公司
People
- Dai, Wei (1981) 戴薇
- Fan, Anthony Ren Da 范仁達
- Lam, Wilfred Kwok Hing 林國興
- Loke, Yu 陸海林
- Wu, Xiaolin (1981) 吳曉林
- Xu, Xiaoping (1965) 徐小平
- Xu, Zhigang (1970) 徐志剛
- Zhao, Jianguo (1980) 趙建國
Topics
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