The Company is committed to ensure that its affairs are conducted in accordance with high ethical standards; something that we believe is a key component to maximise the shareholder wealth in the long term. The Board of Directors of the Company has adopted its own code on corporate governance practices (the “GC Code”) that is in compliance with the principles set out in the Code on Corporate Governance Practices contained in Appendix 15 to Rules Governing the Listing of Securities on the Growth Enterprise Market of the Stock of Exchange of Hong Kong Limited. Below are the major corporate governance practices adopted by the Company with specific reference to the Code. The Code sets out the corporate governance principles to be applied by the Company and its subsidiaries. This reflects our belief that in achieving our business objectives it is imperative that we act with high standards of probity, transparency and accountability.

Audit Committee
The Company had established an Audit Committee with written terms of reference which have been updated from time to time to align with the code provisions set out in the CG code. The principal responsibilities of the Audit Committee are to, inter alia, review and supervise the Group's financial reporting process, internal control and risk management procedures, as well as oversee the adequacy of the accounting and financial reporting resources. The Audit Committee comprises three members, namely, Mr. Leung Man Chun, Ms. Lam Yuen Man Maria and Mr. Fu Yan Ming all are being independent non-executive Directors. The Audit Committee is chaired by Mr. Leung Man Chun. Terms of Reference - Audit Committee
Remuneration Committee
The Company had established a Remuneration Committee with written terms of reference. The Remuneration Committee is responsible for making recommendations to the Board on the Company's remuneration policy and structure for Directors and senior management, and reviewing their remuneration packages. In arriving at its recommendations, the Remuneration Committee will consult with the Chairman and/or the CEO whenever it thinks fit and take into consideration factors such as the remuneration paid by comparable companies, skill, knowledge, time commitment and responsibilities of Directors. The Remuneration Committee comprised three members, namely, Mr. Leung Man Chun, Ms. Lam Yuen Man Maria and Mr. Fu Yan Ming. The Remuneration Committee is chaired by Mr. Leung Man Chun. Terms of Reference - Remuneration Committee
Nomination Committee
The Company had established a Nomination Committee with written terms of reference. The Nomination Committee is responsible for nominating potential candidates for directorship, reviewing the nomination of directors and making recommendations to the Board on such appointment. The Nomination Committee comprised three members, namely, Mr. Leung Man Chun, Ms. Lam Yuen Man Maria and Mr. Choi Pun Lap. The Nomination Committee is chaired by Mr. Leung Man Chun. Terms of Reference - Nomination Committee