Governance Practices & Structure
Good corporate governance has been the vital foundation of the Company's well-being, the key to our continuing success, and central to our bright prospects for future advancement.
Since its founding in 1960, the Hang Lung Group, parent of Hang Lung Properties, has spared no effort in pursuing the practices, procedures and policies that serve the best interests of our principal stakeholders, namely our shareholders, staff, customers and the community at large.
Our distinctive and well respected style of corporate governance not only embraces professional management but is also rooted in a robustly healthy corporate culture whose core values are enshrined in the acronym SAIL – Simplicity, Authority, Integrity and Loyalty.
We are also acutely aware that in a rapidly changing world, good corporate governance demands constant innovation and adaptation to address new challenges and grasp fresh opportunities in order to maintain our competitive advantage.
Corporate Governance Code
As good corporate citizens, we adopted and in many cases exceed the code provisions of the Corporate Governance Code as stated in Appendix 14 of the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited.
In our core principles of good corporate governance we emphasize transparency and accountability to all stakeholders, maintaining high standards of integrity and establishing trust through sound governance practices. We instill these principles into our corporate culture through leadership by example, training and effective internal controls.
Corporate Governance Structure
Committed above all to providing benefit to our stakeholders, the Company strives to meet the a high standard of corporate governance with a highly qualified Board of Directors underpinned by sound internal control systems and effective risk management.