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Corporate Governance Report

Corporate Governance Report

CORPORATE GOVERNANCE PRACTICES

The Company has complied with all the applicable code provisions set out in the Corporate Governance
Code and Corporate Governance Report (the “Code”) contained in Appendix 14 to the Rules Governing the
Listing of Securities on The Stock Exchange of Hong Kong Limited (the “Listing Rules”).

THE BOARD

The Board is responsible for the formulation of the Group’s business and strategic decisions and monitoring
the performances of the management team.

Four Board meetings were held during the year ended 31st March 2015. The attendance of each director is
set out as follows:

Members of the Board Attended/Eligible to attend

Executive Directors

Mr LEUNG Kai Ching, Kimen 4/4
Mr LEUNG Wai Sing, Wilson 4/4
Mr KUOK Kun Man, Andrew 4/4
Mr LEUNG, Jimmy 4/4
Mr LIU Lup Man 4/4

Independent Non-executive Directors

Mr LI Wah Ming, Fred 4/4
Mr LAU Wang Yip, Derrick 4/4
Mr LEE Tak Chi 4/4

The Company has received an annual confirmation of independence from the three independent non-
executive directors in accordance with rule 3.13 of the Listing Rules. The Board has assessed their
independence and concluded that all independent non-executive directors are independent.

CHAIRMAN AND CHIEF EXECUTIVE OFFICER

Mr LEUNG Kai Ching, Kimen is the chairman and Mr LEUNG Wai Sing, Wilson is the chief executive officer.

RE-ELECTION OF DIRECTORS

Mr KUOK Kun Man, Andrew and Mr LEE Tak Chi will retire at the forthcoming annual general meeting and,
being eligible, will offer themselves for re-election.

10 ALCO HOLDINGS LIMITED ANNUAL REPORT 2015