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COSCO SHIPPING Ports Limited
COSCO SHIPPING Ports Limited

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COSCO Pacific wins "Directors of The Year Awards 2006"

Date:2006-11-21     Publish:本站

COSCO Pacific wins "Directors of The Year Awards 2006"
 

On 21st November 2006, COSCO Pacific Limited is honoured to be presented the "Directors of The Year Awards 2006", in the Listed Company (SEHK - Hang Seng Index Constituents) Boards category, organized by The Hong Kong Institute of Directors. The objectives of the award are to publicize the significance of good corporate governance, to recognize directors and board of directors for their outstanding director practices and corporate governance and their on-going bid to promote good corporate governance and directorship in Hong Kong.

The panel of judges' report says that "The Board of Directors of COSCO Pacific Limited has a balanced mix of skills, backgrounds and experiences. It is forward thinking with a firm belief in the concept of responsible business, sponsoring and actively participating in environmental protection projects. Its focused strategies and clear vision has made the business consistently profitable. It is also applauded for its policies in internal controls and risk management and special attention to training, particularly in light of changes in legal, regulatory and compliance matters. A cohesive board characterized by good corporate culture and acting with high integrity, it merits the Award as an outstanding board. "

Dr. WEI jiafu, Chairman of COSCO Pacific said, "We are extremely honoured to receive this award which is a strong testimony to our achievements in corporate governance and the leadership of our Board of Directors. Our corporate mission aims for maximizing the returns for shareholders by maintaining good corporate governance practice and through professional directorship."

The Hong Kong Institute of Directors is Hong Kong's premier body representing professional directors working together to promote good corporate governance and to contribute towards advancing the status of Hong Kong both in China and internationally.

Dr. Sun Jiakang (middle), Vice Chairman and Managing Director of COSCO Pacific, are presented "Directors Of The Year Awards 2006" by the Hon Charles Lee Yeh-kwong GBM, GBS, JP, Executive Councillor (right one) and Mr. Peter S. H. Wong, Chairman of HKIoD (left one).

The representative members of COSCO Pacific's Board of Directors attended the Annual Dinner cum Presentation of Directors Of The Year Awards 2006.