|
Board of Directors |
|
| |
The Board takes ultimate responsibility for the welfare of the Company by guiding and monitoring the Company's business affairs. The Board meets regularly throughout the year (at least 6 times). The Board is responsible for formulating, reviewing and approving the Company's strategy, financial activities and operating performance. The day-to-day management of the Company's resources is delegated to a senior management team, under the leadership of the Executive Chairman, facilitating prompt decision making.
The Board, through the Chairman and Executive Directors in particular, maintains regular contact with the Company's advisors and public relations consultants in order to ensure that the Board develops an understanding of the views of the major shareholders regarding the Company.
Under the Company's Articles of Association, one third of the Directors must retire at each Annual General Meeting. A retiring Director may stand for re-election.
In discharging their duties, non-Executive Directors are provided with direct access to senior management and outside advisors and auditors. Board Committees and individual Directors may seek, with the Chairman's approval, independent professional advice at the Company's expense in order to perform their duties.
The Board has established Audit and Remuneration Committees. |
| |
Executive Directors |
|
|
Mr. Tong Wang Chow (Executive Chairman and CEO)
Mr. Tong Wang Chow, age 70, is the founder of the Group in 2000. Mr. Tong is also the general manager of both the Hepu Plantation and the Xinfeng Plantation. He is responsible for the overall strategic planning and direction of the Group. Mr. Tong has over 20 years of business development experience in the PRC, principally in the brewing and transportation industries, and has approximately 10 years of experience in the plantation and food industry. He is a member of the CPPCC Guangdong Province Shantou Municipal Committee (the 11th session), the Permanent Honorary Chairman of the Hong Kong Shantou Merchants Association, a director of the Chinese Manufacturers Association of Hong Kong and the Honorary Consultant of the Cheung Chau Chiu Chow Association Co., Ltd.. He is a Honorary President of the Association for the Promotion of Hong Kong Heilongjiang Economy and the Vice Chairman of the Ganzhou Navel Orange Association . He was the Honorary Consul of Mongolia in the HKSAR from 2006 to June 2008. Mr. Tong is the father of Mr. Tong Hung Wai, Tommy.
Mr. Tong Hung Wai, Tommy (Sales and Marketing Director)
Mr. Tong Hung Wai, Tommy, age 40, is the co-founder of the Group. He is responsible for the sales and marketing of the Group and has several years of experience in marketing and business management. Mr. Tong obtained a bachelor・s degree in international business in 1996 from Queensland University of Technology, Australia. He also obtained a diploma in export management from Australian Institute of Export (OLD) Ltd.. He is the son of Mr. Tong Wang Chow.
Mr. Cheung Wai Sun (Executive Director)
Mr. Cheung Wai Sun, age 50, joined the Board on 18 November 2003. Following the Company・s listing on AIM in 2005, Mr. Cheung became a full-time employee of the Group. Mr. Cheung joined Chaoda Vegetable & Fruits Limited (：Chaoda Vegetable；), a subsidiary of Chaoda Modern Agriculture (Holdings) Limited (：Chaoda；) which is a major shareholder of the Company, in 2000 and was the deputy general manager of Chaoda Vegetable. He resigned as the deputy general manager of Chaoda Vegetable in 2005. Mr. Cheung has gained extensive knowledge and experience in the agricultural business in the PRC by virtue of his position in Chaoda Vegetable. He was a member of the CPPCC Guangdong Province Meizhou Municipal Committee (the fourth session).
Mr. Pang Yi (Executive Director and Deputy General Manager of the Hepu Plantation)
Mr. Pang Yi, age 40, joined the Group in 2000 as the Deputy General Manager of the Hepu Plantation and was appointed as an executive Director on 16 June 2005. He is responsible for the Group・s overall operation and management in the PRC. He obtained a graduation certificate in plantation economic management from the Northwest Sci-Tech University of Agriculture and Forestry in 1995. Mr. Pang had been appointed by Guangxi Foreign Trade and Economic Cooperation Department as investment service supervisor of Guangxi Zhuang Autonomous Region from 2002 to 2005. He was also a member of the CPPCC Guangxi Zhuang Autonomous Region Hepu County Committee.
Mr. Sung Chi Keung (Finance Director and Company Secretary)
Mr. Sung Chi Keung, age 34, joined the Company in 2004 as the chief financial controller of the Group and was appointed as an executive Director on 15 January 2007. Mr. Sung became the Company Secretary of the Company in August 2004. Mr. Sung holds a bachelor・s degree in business administration, majoring in accountancy, from the Chinese University of Hong Kong and a master・s degree in corporate finance from Hong Kong Polytechnic University. He is an associate member of the Hong Kong Institute of Certified Public Accountants and a fellow member of the Association of Chartered Certified Accountants. Mr. Sung has over ten years of experience in financial management, accounting, taxation, auditing and corporate finance and previously worked for KPMG, PricewaterhouseCoopers and Deloitte & Touche Corporate Finance Ltd., before joining the Group in August 2004.
|
|
Non-Executive Directors |
|
|
Mr. Ip Chi Ming (Non-Executive Vice Chairman)
Mr. Ip Chi Ming, age 48, joined the Group in August 2001 and was appointed as a non-executive Director on 18 November 2003. Mr. Ip is also an executive director of Chaoda and the general manager of Chaoda Vegetable. Mr. Ip was introduced to the Company due to his position in Chaoda. Mr. Ip has over 18 years of experience in trading and marketing in the food produce industry as well as extensive experience in corporate strategic planning, overall management, business development and sales and marketing.
Hon Peregrine Moncreiffe
Hon Peregrine Moncreiffe, age 58, was appointed to the Board on 1 February 2006 by Metage Funds Limited and Metage Special Emerging Markets Fund Limited, acting jointly, pursuant to the terms of the convertible bonds issued by the Company on 14 July 2005. Mr. Moncreiffe owns less than 2% interests in each of Metage Funds Limited and Metage Special Emerging Markets Fund Limited. Mr. Moncreiffe is on the board of Metage Funds Limited and Metage Special Emerging Markets Fund Limited. After graduating from Oxford University Mr. Moncreiffe spent much of his career in investment management and banking in London, New York and East Asia. After starting his career with the Credit Suisse First Boston Group Mr. Moncreiffe became a managing director of Lehman Brothers in New York before helping to found Buchanan Partners, a London based investment company of which he was chief executive. He is Chairman of North Atlantic Smaller Companies Investment Trust plc.
|
 |
Independent Non-Executive Directors |
|
|
Mr. Ma Chiu Cheung, Andrew
Mr. Ma Chiu Cheung, Andrew, age 67, joined the Board on 7 August 2004. Mr. Ma is a founder and former director of Andrew Ma DFK (CPA) Limited. He is presently a director of Mayee Management Limited. He has more than 30 years of experience in accounting and finance. He obtained a bachelor・s degree in economics from the London School of Economics and Political Science, University of London in England. Mr. Ma is a fellow of the Institute of Chartered Accountants in England and Wales, the Hong Kong Institute of Certified Public Accountants, the Hong Kong Institute of Directors and the Taxation Institute of Hong Kong. Mr. Ma is currently an independent non-executive director of a few other companies which are listed on the Main Board of the Stock Exchange of Hong Kong Limited including Tanrich Financial Holdings Limited, Asia Financial Holdings Limited, Peaktop International Holdings Ltd, C.P. Pokphand Co., Ltd, China Resources Power Holdings Company Limited and Chong Hing Bank Limited.
Dr. Lui Ming Wah, SBS JP
Dr. Lui Ming Wah, SBS JP, age 71, joined the Board on 2 June 2004. Dr. Lui is an industrialist serving as the honorary chairman of the Hong Kong Electronic Industries Association and the president of the Hong Kong Shandong Business Association. He is a member of the Chinese People・s Political Consultative Conference. Dr. Lui was elected to the Legislative Council of Hong Kong in May 1998 for a term of two years. In the 2000 and 2004 Legislative Council elections, he was elected again for a term of four years. He sits on the council of the Hong Kong Polytechnic University, is the observer of the Hong Kong Independent Police Complaints Council and is an Advisor Professor of Shandong University. Dr. Lui obtained his masters and doctorate degrees from the University of New South Wales in Australia and the University of Saskatchewan in Canada, respectively. He is currently the Managing Director of Keystone Electronics Co. Limited.Dr. Lui is currently an independent non-executive director of a few other companies which are listed on the Main Board and GEM Board of the Stock Exchange of Hong Kong Limited, including AV Concept Holdings Limited, Gold Peak Industries (Holdings) Limited, S.A.S. Dragon Holdings Limited, Glory Mark Hi-tech (Holdings) Limited and L.K. Technology Holdings Limited.
Mr. Yang Zhen Han
Mr. Yang Zhen Han, age 77, joined the Board on 2 June 2004. Mr. Yang obtained a bachelor・s degree in chemical engineering from Shanghai Jiao-Tong University in 1953. Mr. Yang is a machine-building specialist with over 30 years of experience. Mr. Yang was a director of the Foreign Economic Relations and Trade Commission of Shanghai Municipality, responsible for the international trade and foreign investment affairs of Shanghai city from 1983 to 1985. Mr. Yang had been a member of Guangzhou Political Consultation Conference from 2002 to 2007.
Mr. Nicholas Smith
Mr. Nicholas Smith, age 57, joined the Board on 1 July 2005. Mr. Smith has over 20 years experience in investment banking, having worked in Europe and Asia for Flemings, Jardine Fleming and HSBC. His roles have included Co-Head of Investment Banking and Chief Financial Officer of the Jardine Fleming Group. Mr. Smith is a Chartered Accountant and previously worked for KPMG and Ernst & Young. He currently serves as a non-executive director of PLUS Markets Group Plc, Armor Designs, Inc. and Sorbic International Ltd which are listed on AIM of the London Stock Exchange. He is also Chairman of privately held Ophir Energy Plc. |
| |
|
