AI assistant

Sign in to chat with this filing

The assistant answers questions, extracts KPIs, and summarises risk factors directly from the filing text.

Sign up Log in

IGG Inc Board/Management Information 2004

Sep 20, 2004

49471_rns_2004-09-20_0bee7c66-fa96-46d5-8c9b-effab3bac2ae.pdf

Board/Management Information

Open in viewer

Opens in your device viewer

==> picture [127 x 68] intentionally omitted <==

ORIENTAL WATCH HOLDINGS LIMITED

(Incorporated in Bermuda with limited liability) (the “Company”) (Stock Code: 398)

ANNOUNCEMENT

APPOINTMENT OF DIRECTOR

The Company is pleased to announce that Mr So Kai Lau, Peter (“Mr So”) has been appointed as an independent non-executive director of the Company and a member of the audit committee with effect from 20th September, 2004.

Mr So, aged 56, is a Certified Public Accountant and a Canadian Chartered Accountant. He was a partner of Deloitte Touche Tohmatsu who retired in May, 2003. He is also an independent nonexecutive director of Tsit Wing International Holdings Limited, a company listed on the stock exchange in Singapore. He does not have any relationships with any directors, senior management or substantial or controlling shareholders of the Company or any interests in shares of the Company within the meaning of Part XV of the Securities and Futures Ordinance.

Mr So does not have any service contract with the Company. He is not appointed for a specific term but is subject to retirement by rotation in annual general meetings of the Company in accordance with the Bye-laws of the Company. He will receive a director’s fee of HK$108,000 per annum, which is determined with reference to the prevailing range of fees for independent non-executive directors of listed companies in Hong Kong. Mr So confirms that there is no other matter regarding his appointment that needs to be brought to the attention of the shareholders of the Company.

As at the date of this announcement, the directors of the Company are Messrs. Yeung Ming Biu, Yeung Him Kit, Dennis, Fung Kwong Yiu, Yeung Man Yee, Shirley, Chan Che Kwong, William, Lam Hing Lun, Alain, Choi Kwok Yum, Dr. Sun Ping Hsu, Samson, Dr. Li Sau Hung, Eddy and Mr So.

By order of the Board Yeung Ming Biu Chairman