Corporate Governance Lei Shing Hong Limited recognises and strives to maintain high standards of corporate governance, which are fundamental to the Group’s corporate values, and long-term growth, success and sustainability.

We endeavour to ensure compliance with our corporate code of business conduct and ethics, and our corporate policies and standards, which together form the basis of our governance practices.
Principles Lei Shing Hong Limited adopts and observes, to the extent applicable and relevant to the Group, all the provisions of the Corporate Governance Code in the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”) despite the fact that Lei Shing Hong Limited is not presently subject to the Listing Rules.
Internal Controls The Group’s internal control system is designed to safeguard shareholders’ investment and the Group’s assets against misappropriation and unauthorised disposition, to manage operational risks, and to ensure strict compliance with the relevant laws and regulations.
Board Committees As an integral part of good corporate governance, Lei Shing Hong Limited has established the Committees as listed below.

Audit Committee
The principal functions of the Audit Committee are as follows:
  • Reviewing financial reporting and policies, and overseeing the Group’s internal controls, compliance practices, corporate governance and risk management functions;
  • Reviewing reports from both external and internal auditors, based on the testing of key controls by the external and internal auditors; and
  • Reviewing and monitoring the integrity of the financial statements, conducting independent reviews of the work completed by internal auditors, and evaluating the controls and risk assessment of the Group’s operations

Remuneration Committee
The principal functions of the Remuneration Committee are as follows:
  • Making recommendations to the Board concerning the Group’s policy and structure for the remuneration of executive directors and senior management; and
  • Reviewing the fees payable to non-executive directors prior to submission for approval at the Annual General Meeting

Nomination Committee
The principal functions of the Nomination Committee are as follows:
  • Making recommendations to the Board on the appointment of directors, and evaluating the balance of skills, knowledge and experience of the Board;
  • Assessing the independence of the independent non-executive directors; and
  • Reviewing the structure, size and composition of the Board
Corporate Governance Policy Statement View

Terms of Reference