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Winners Announced for Hong Kong Corporate Governance Excellence Awards 2015

Winners show corporate governance and sustainability structure that supports their business needs and reflects corporate ambition

HONG KONG, Dec. 9, 2015 /PRNewswire/ -- Winners of the "Hong Kong Corporate Governance Excellence Awards 2015" were announced at this evening's gala dinner which doubled as the 13th Anniversary celebration of the Chamber of Hong Kong Listed Companies ("CHKLC"), the organizer of the annual awards programme.

Dr. Eddy Fong, Chairman of the Judging Panel, congratulated winners for demonstrating a corporate governance culture that is fit for their own business characteristics. "They all have the capability to withstand industry and market risks, and all show a commitment to their shareholders and other stakeholders at large. Their efforts and achievements are to be recognized and commended."

Winners have adopted governance and sustainability measures that specifically addressed their particular business needs, reduce risks and tackle challenges that they face at their respective stage of development and market environment, and that have served them well in sustaining their growth paths and meeting their corporate ambitions and objectives, such as further expansion or internationalisation. 

The winners of 2015 Awards are China Life Insurance Company Limited and Industrial and Commercial Bank of China Limited in the Category for Hang Seng Index Constituent Companies; China Cinda Asset Management Company, Limited, Haitong International Securities Group Limited, and Kerry Logistics Network Limited in the Category for Hang Seng Composite Index Constituent Companies. In the Sustainability Excellence Awards category, the two winners are Hang Lung Properties Limited and VTech Holdings Limited.

Mr. Francis Leung, Chairman of CHKLC said: "The objective of the awards is to promote a strong corporate governance culture by showcasing excellent achievements and sharing best practices. By doing so, we hope to encourage all listed companies to do better, and do what is right in light of their own circumstances and characteristics."

On the occasion of CHKLC's 13th Anniversary, Mr. Leung remarked that Hong Kong's capital and securities markets are facing tremendous competition from its neighbours against the backdrop of a rapidly developing internet and technology-led era.

"It will take great resolve and wisdom from the entire market, including the government, regulators and market participants to work together in order to find the right products, develop a suitable infrastructure and devise appropriate rules to attract companies and investors so that our market will continue to succeed."

Ms. Charles Li, CEO of HKEx was the Keynote Speaker of the Awards Gala Dinner. Mdm. Chou Hong, Deputy Director of the Liaison Office of the Central People's Government in Hong Kong and Mr. Carlson Tong, Chairman of the Securities and Futures Commission attended as Officiating Guests.

The Hong Kong Corporate Governance Excellence Awards 2015 is supported by Quam Limited as Gold Sponsor, and BDO Limited as Bronze Sponsor. In addition, Hong Kong Economic Times is Sole Chinese Media Sponsor; Metro Finance is Exclusive Radio Partner, PR Newswire is Regional News Distribution Partner; Quamnet, irasia.com and EQS TodayIR are Online Media Partners, finance.qq.com is Exclusive Mainland Online Media Partner.

About the Hong Kong Corporate Governance Excellence Awards

"The Hong Kong Corporate Governance Excellence Awards" are conferred annually since 2007 by the Chamber of Hong Kong Listed Companies and the Centre for Corporate Governance and Financial Policy, Hong Kong Baptist University.

The Awards aim to foster the highest standards in corporate governance, business ethics and board leadership in Hong Kong; recognize excellence; showcase best practices and accomplishments, and thereby promote a strong corporate governance culture.

The Award provides recognition and prestige for listed companies in achieving outstanding commitment to shareholder rights, compliance, integrity, fairness, responsibility, accountability, transparency, board independence & leadership, and corporate social responsibility.

For details of the Awards Programme and members of the Judging Panel, please visit www.chklc.org

About the Chamber of Hong Kong Listed Companies

Incorporated in September 2002, CHKLC is a non-profit organisation serving listed companies in Hong Kong. The Chamber strives to promote sound corporate governance, function as an effective communication channel between listed companies and regulatory authorities, strengthen the commercial linkage and foster co-operation among listed companies from Hong Kong and mainland China and uphold Hong Kong's position as an international trade, commercial and financial centre. Since 2007, the Chamber organises the annual Hong Kong Corporate Governance Excellence Awards jointly with the Hong Kong Baptist University to advocate best practices of corporate governance and recognise excellence, and in 2008 and 2009 organised the Listed Companies Conference to provide a forum of discussion of stock market issues on a regular basis. This event was held in Shanghai and Shenzhen in 2012 and 2014, respectively.

About the Centre for Corporate Governance & Financial Policy of Hong Kong Baptist University

The Centre aspires to be a Centre of Excellence on corporate governance in the region. It promotes quality policy and academic research on corporate governance and related financial policy issues covering Hong Kong, mainland China and the Asia-Pacific economies, with the aim to improve the quality of corporate governance practices. Additionally, the Centre provides professional executive education activities to disseminate knowledge and advance the highest ideals of responsible business leadership. Through consultancy projects, the Centre also assists organisations to design, improve and assess their corporate governance systems and structures. 

The Chamber of Hong Kong Listed Companies
Room 3710, 37/F, Hopewell Centre, 183 Queen's Road East, Wanchai, Hong Kong
Tel :  (852) 2970-0886    
Fax :  (852) 2970-0555    
Website :  www.chklc.org

Source: The Chamber of Hong Kong Listed Companies
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