New World Development Company Limited
OTHER INFORMATION
42
Update on Directors’ Information
Pursuant to Rule 13.51B(1) of the Listing Rules, the changes in information of the Directors of the Company since the
date of the Company’s 2015 Annual Report are set out below:
1. Dr. Cheng Kar-Shun, Henry was appointed as the chairman and non-executive director of FSE Engineering Holdings
Limited, the shares of which have been listed on the Hong Kong Stock Exchange since 10 December 2015, on 28
August 2015.
2. Mr. Lee Luen-Wai, John retired from the chairmanship of the Board of Trustee of the Hospital Authority Provident
Fund Scheme (“HAPFS”) on 19 November 2015 and he was re-appointed as a trustee of the HAPFS. Mr. Lee was
also appointed as an independent non-executive director of UMP Healthcare Holdings Limited, the shares of which
have been listed on the Hong Kong Stock Exchange since 27 November 2015, on 6 November 2015.
3. Mr. Liang Cheung-Biu, Thomas was appointed as a member of the Board of Governors, Hang Seng Management
College on 16 November 2015.
Investor Relations
The Group values good investor relations and has been committed to maintaining effective communication with
investors. We have always offered in a high level of transparency and strived to ensure shareholders’ comprehensive
and thorough understanding of the Group. Announcements, interim and annual reports, and investor relations website
are treated as important public disclosure channels to facilitate investors assessing the company holistically. Besides, we
have actively participated in different investor forums and roadshows (both domestic and international), and conducted
numerous site visits and meetings with the investment community for effective communication. Feedbacks from the
investment community are directly reverted to the management to promote two-way communications between the
Board and the investors.
Corporate Sustainability
To achieve sustainable growth, the Group is committed to minimising potential environmental impacts, improving the
quality of communities where we operate while providing a reasonable return to our investors. This commitment is
translated into the three pillars of the Group‘s corporate sustainability – Profit, People and Planet. Considerations of the
three pillars are rooted in the Group’s decision making process and operational practices. The Group recognises the
importance of transparency to stakeholders and has published its sustainability report (sr.nwd.com.hk) to report the
progress and performance of sustainability programmes in the past year.
Employees and Remuneration Policies
The Group has over 48,000 employees as at 31 December 2015 employed by entities under the Group’s management.
Remuneration policies are reviewed annually. Remuneration and bonuses are awarded to employees based on individual
performances and market practices. Education subsidies will be granted to employees who are taking job-related
courses. Periodic in-house training programs are also offered. Under the share option schemes of the Company and all
the listed subsidiaries of the Group, options may be granted to certain Directors of the Company and certain employees
of the Group to subscribe for shares in the Company and/or the respective subsidiaries.
