REG - Hongkong Land Hldgs - Company Board and Committee Changes

Hongkong Land HoldingsAnnouncement

28/10/2024 09:30

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241028:nRSb8642Ja&default-theme=true

RNS Number : 8642J  Hongkong Land Hldgs Ltd  28 October 2024

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 (http://www.hkland.com)

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  BOAFIFLAIRLTFIS