▾

External sources (not reviewed)

Any Director holding any such employment or office shall be entitled to participate in and retain for his own benefit any such donation, gratuity, pension, allowance or emolument.

Demand from Mainland investors should therefore continue to support the further development of the financial industry in Hong Kong in the future.

The best way to add to your super will depend on your income and the tax you pay.

[...] [...] withdrawals, annuities as well as combination [...]

[...] [...] declined in recent years as thematic examinations [...]

[...] [...] stocks, leases, annuities and securities [...]

[...] [...] contracts, patents, annuities, licences, stocks, [...] [...]

For US variable annuity separate account [...] [...]

The Directors may establish and maintain or procure the establishment and maintenance of any contributory or non-contributory pension or superannuation funds or death or disability benefits for the benefit of, or give or procure the giving of donations, gratuities, pensions, allowances or emoluments to, any persons who are or were at any time in the employment or service of the Company or of any company which is a subsidiary of the Company or is allied or associated with the Company or with any such subsidiary company or who are or were at any time Directors or officers of the Company or any such other company as aforesaid and holding or who have held any salaried employment or office in the Company or such other company and the wives, widows, families and dependants of any such persons.

(24) To grant pensions or gratuities to any employees or officers (including Directors) or ex-employees or ex-officers (including ex-Directors) of the Company or the relations, connections or dependants of any such persons, and to pay or contribute to insurance schemes having such objects, and to establish or support associations, institutions, clubs, funds and trusts which may be considered likely to benefit any such persons or otherwise advance the interests of the Company or of its members, and to establish or contribute to any scheme for the purchase by trustees of fully paid shares in the Company to be held for the benefit of employees of the Company, including any Director holding a salaried employment or office in the Company, and to lend money to the Company’s employees to enable them to purchase fully paid shares in the Company, and to formulate and carry into effect any scheme for sharing the profits of the Company with its employees or any of them.

Notwithstanding Articles 100, 101 and 102, the remuneration of a Managing Director, Joint Managing Director, Deputy Managing Director or an Executive Director or a Director appointed to any other office in the management of the Company may from time to time be fixed by the Board and may be by way of salary, commission, or participation in profits or otherwise or by all or any of those modes and with such other benefits (including pension and/or gratuity and/or other benefits on retirement) and allowances as the Board may from time to time decide.

[...] [...] next few years and unemployment rate of the construction sector decreasing from the post-tsunami peak of 12.8% in early 2009 to 4.7% in the [...] [...]

[...] [...] annual caps of the aggregate annual rental amounts of the Tenancy Agreements for the four years from 2012 [...]

[...] [...] amounts for the years from 2012 to 2015 as agreed under the relevant contracts of the Tenancy Agreements) are fair and [...] [...]

Guaranteed year-end payment/bonus refers to guaranteed payment to an employee at the end of a year, regardless of the gain or loss of the enterprise.

Q 15 ： In determining whether wages meet the minimum wage requirement, is end of year payment regarded as wages?

Since all of the Cap Amounts for each of the Non-Exempt Continuing Connected Transactions exceed HK$1,000,000 but the relevant applicable percentage ratios calculated under Rule 14.07 of the Listing Rules in respect of the Annual Cap Amounts under each of the Non-Exempt Continuing Connected Transactions are greater than 0.1% but less than 5%, each of the Non-Exempt Continuing Connected Transactions is only subject to the reporting, annual review and announcement requirements but is exempted from the independent shareholders’ approval requirements under Chapter 14A of the Listing Rules.

The estimates of remaining costs and expenses were based on the proportion of the actual costs and expenses to operating revenues in the 2005 financial statements.

[...] [...] planning, demand for capital and intention to satisfy the stockholders’ cash flow, when after-tax earnings occurs, the distribution for annual cash dividends shall be greater than 10% of the current year’s total cash and stock dividends [...]

This Seventh Addendum should be read in conjunction with and forms part of the Explanatory Memorandum dated 29 July 2009, as amended by an addendum dated 2 November 2009, a second addendum dated 20 May 2010, a third addendum dated 3 June 2010, a fourth addendum dated 20 October 2010, a fifth addendum dated 12 November 2010 and sixth addendum dated 27 May 2011 (the “Explanatory Memorandum”).

A loan fund of HK$12.5M per annum over a five-year period (amounting to no more than HK$62.5M total at any time) shall be established by HEC to provide loans to non-Government customers of HEC to implement energy-saving initiatives identified in the energy audits under the Energy Audit Programme.

(b) deduction of interest on Borrowed Capital swapped into another currency calculated at the swap exchange rate and swap interest rate, provided that the amount so deducted in respect of each swapped loan shall not exceed an amount corresponding to interest calculated at 8% per annum on the swapped loan principal outstanding from time to time

[...] [...] Seng REIT Index are reviewed on a semi-annual basis.