Hysan Development Company Limited (Stock Code: 00014) was awarded the Gold Best Corporate Governance Disclosure Award 2012 by the Hong Kong Institute of Certified Public Accountants in the Non-Hang Seng Index (Large Market Capitalisation) Category. This is the tenth time Hysan’s corporate governance efforts are recognized by the Award.
Hysan’s 2011 Annual Report was commended for being well-organised with a clear focus on the company’s mission and values. The Judges’ Report applauded the comprehensiveness of the Corporate Governance Report and highlighted its clear illustration of the Board’s work, corporate governance framework, and important Board agenda issues. It also praised the good discussion of Board diversity, which exceeds the standard requirements of the listing rules.
The judges also valued the inclusion of useful KPIs in the Management’s Discussion and Analysis Section with explanations on their measurement and significance.
The Judges’ Report noted the separate and interesting Corporate Responsibility Report which lays out Hysan’s policies and implementation of initiatives related to the community, environment, health and safety.
Ms. Irene Lee, Chairman of Hysan, said, “Hysan’s commitment to effective governance and accountability to stakeholders is essential to ensure the company’s consistent and sustainable business. We are pleased that our long-established corporate governance culture is once again recognised by this prestigious Award.”
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About Hysan
Hysan Development Company Limited is a leading property investment, management and development company in Hong Kong with an investment property portfolio of over 4 million square feet of high quality office, retail and residential space. Hysan Place is the latest milestone development in the company’s long-standing history in Causeway Bay. With roots in the district since the 1920s, Hysan is the largest commercial landlord in Causeway Bay.
For media inquiries, please contact:
Alice Lo
Assistant General Manager
Corporate Communications
Hysan Development Company Limited
Tel: (852) 2830 5154
E-mail: alice.lo@hysan.com.hk
Maria Chan
Assistant Manager
Corporate Communications
Hysan Development Company Limited
Tel: (852) 2830 5176
E-mail: maria.chan@hysan.com.hk