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Corporate Governance 2020-04-23T16:17:51+00:00

Corporate Governance

  • An audit committee was established by the board of directors.
  • Members:
    Mr. Ho Man
    Mr. Lam Chi Hung Louis
    Mr. Hung Kin Man

Terms of Reference

  • A remuneration committee was established by the board of directors.
  • Members:
    Mr. Lam Chi Hung Louis
    Ms. Au Hoi Lee Janet
    Mr. Ho Man

Terms of Reference

  • A nomination committee was established by the board of directors.
  • Members:
    Mr. Hung Kin Man
    Mr. Ho Man
    Ms. Au Hoi Lee Janet

Terms of Reference

Nomination Policy

Board Diversity Policy

Way to propose any person for election as a director

Shareholder Enquiries

For share registration related matters, please contact/write to:
The Share Registrar
Tricor Investor Services Limited
Level 22, Hopewell Centre
183 Queen’s Road East
Hong Kong
Tel: (852) 2980 1333
Fax: (852) 2810 8185
email address: magnusconcordia-ecom@hk.tricorglobal.com

For enquiries to the board of directors, please contact/write to:
The Board of Directors
Magnus Concordia Group Limited
Units D&E, 20 Floor, China Overseas Building
139 Hennessy Road
Wanchai, Hong Kong
Tel: (852) 2160 3088
Fax: (852) 2160 3080
email address: mcg-board@mcgrouphk.com

The Board adopted a dividend policy for the Company which took effect from January 2019. In general, the Company intends to provide shareholders with semi-annual or annual dividends, and to declare special dividends from time to time. In deciding whether to propose a dividend and in determining the dividend amount, the Board will take into account the Company’s earnings performance, financial position, investment requirements and future prospects.

The Board will also take into account the prevailing market conditions and global economic situation. The dividend payout ratio, would be calculated based on certain per cent of the net profit recorded during the financial year, after retaining a sufficient fund as capital for future investment opportunities, future use; and all possible investment have been financed. The dividend policy will continue to be reviewed from time to time and there can be assurance that dividends will be paid in any particular amount for any given period.

The payment of dividend is also subject to any restriction under the laws of Hong Kong, the laws of the Cayman Islands and the Articles of Association of the Company.

If you would like to raise your concerns about possible improprieties in any matter related to the Company, you may send it in writing (the “Letter”) by a registered mail:

Magus Concordia Group Limited
Units D&E, 20/F, China Overseas Building
139 Hennessy Road
Wanchai, Hong Kong
Attention to the Head of Internal Audit Department

Concerns may also be reported via whistleblowing email (email address: whistleblow@mcgrouphk.com) or report by phone call to the Head of Internal Audit Department (Tel: (852) 2160 3028 / (86) 18814121485), in accordance with and subject to applicable laws and regulations.