Audit Committee

Established on 23 September 2004, the Audit Committee comprises the following members:

• Mr. Poon Yan Wai* (Chairman of the Committee)
• Mr. Chu Kar Wing*
• Ms. Kwan Shin Luen, Susanna*

• *Independent Non-executive Director

Under specific written terms of reference, the Audit Committee is primarily responsible for making recommendations to the Board on the appointment and removal of the external auditor, to approve the remuneration and terms of engagement of external auditor, review financial information and oversight of the financial reporting system and internal control procedures.