16
Hong Kong Ferry (Holdings) Company Limited Annual Report 2013
Report of the Directors (Continued)
SHARE CAPITAL
Details of the movements in share capital of the Company
during the year are set out in note 23 to the accounts.
DIRECTORS
The directors of the Company during the year ended 31 December 2013 and up to the date of this report were:
Executive Directors
Mr. Lam Ko Yin, Colin (Chairman)
Mr. Li Ning
Non-executive Directors
Mr. Au Siu Kee, Alexander
Mr. Lau Yum Chuen, Eddie
Dr. the Hon. Lee Shau Kee
Mr. Wong Man Kong, Peter
Independent Non-executive Directors
Mr. Ho Hau Chong, Norman
Mr. Leung Hay Man
Ms. Wong Yu Pok, Marina
Mr. Wu King Cheong
In accordance with Article 103(A) of the Company's Articles of Association, Mr. Au Siu Kee, Alexander, Mr. Leung Hay Man, Mr. Wu King Cheong and Ms. Wong Yu Pok, Marina shall retire at the forthcoming AGM, and, being eligible, offer themselves for re-election as directors.
The Company has received from each Independent Non-executive Director an annual confirmation of his/her independence pursuant to Rule 3.13 of the Listing Rules and the Company considered all of them to be independent.
BIOGRAPHICAL DETAILS OF DIRECTORS
AND SENIOR MANAGEMENT
Biographical details of Directors and Senior Management are set out on pages 3 to 8 of the annual report.
DIRECTORS' AND CHIEF EXECUTIVE'S REMUNERATION
Details of Directors' and Chief Executive's remuneration are
set out in note 7 to the accounts.
DIRECTORS' INTEREST IN CONTRACTS
Except for the "Connected Transactions" as disclosed in
this report, no other contract of significance to which the Company, or any of its holding company, subsidiaries or fellow subsidiaries was a party, and in which a director of the Company had a material interest, subsisted at the end of the
year or at any time during the year.
DIRECTORS' SERVICE CONTRACTS
None of the directors proposed for re-election at the 2014
AGM has a service contract with the Company which is not determinable by the Company or any of its subsidiaries within one year without payment other than statutory compensation.
DISCLOSURE OF INTERESTS
Directors' Interests in Securities
As at 31 December 2013, the interests and short positions of the directors in securities of the Company and its associated
corporations (within the meaning of Part XV of the Securities and Futures Ordinance ("SFO")) as recorded in the register of directors' and chief executives' interests and short positions
maintained under Section 352 of the SFO were as follows: