HONGKONG LAND HOLDINGS LIMITED
COMPANY BOARD AND COMMITTEE CHANGES
Hongkong Land Holdings Limited (the
'Company') is pleased to announce the following changes to the
Board:
John Witt will be appointed as Chair
of the Board of the Company. He will succeed Ben Keswick who will
step down as Chair and Director. John will be appointed as Chair of
its Remuneration and Nominations Committees while Ben will step
down from the same Committees.
Christina Ong will step down from
the Board.
Following these changes, the
composition of the Board will be:
|
John Witt
|
Chairman
|
|
Michael Smith
|
Executive Director
|
|
Craig Beattie
|
Executive Director
|
|
Lily Jencks
|
Non-executive Director
|
|
Adam Keswick
|
Non-executive Director
|
|
Stuart Grant
|
Independent Non-executive
Director
|
|
Lincoln Leong
|
Independent Non-executive
Director
|
|
Ming Mei
|
Independent Non-executive
Director
|
Committees
Ming Mei, who joined the Board on 10
October 2024, will be appointed to the Company's Remuneration and
Nominations Committees, while Graham Baker will step down from the
Remuneration Committee, and Adam Keswick will step down from the
Nominations Committee.
No changes are being made to the
composition of the Audit Committee.
An Investment Committee of the Board
will be established to advise on material strategic decisions
relating to capital expenditures, partnerships and
transactions. This committee will consist of John Witt, Ming
Mei and Stuart Grant.
Commenting on these changes, Ben
Keswick, current Chair of the Company said:
"I would like to thank Christina Ong
for the significant contribution she has made over the past six
years to the Board and to the growth of the business, and wish her
well for the future.
The changes we are making to the
Board and its Committees are part of ongoing initiatives across the
Jardines group to enhance governance, improving decision making and
bringing in relevant expertise to support management as they
execute their strategy and build long-term shareholder
value."
All changes will be effective from
28 October 2024.
Jonathan Lloyd, Jardine Matheson
Limited
For and on behalf of Hongkong Land
Holdings Limited
28 October 2024
www.hkland.com