Corporate governance

MMG is committed to maintaining a high standard of corporate governance practices by emphasising a quality Board, sound internal controls, and transparency and accountability to all shareholders of the company.

Through our Board-level Audit, Risk Management, Remuneration and Governance and Nomination Committees, Executive-level Mineral Resources and Ore Reserves Committee and Disclosure Committee, we are able to ensure a high standard of business practice.

These committees provide a forum for a more detailed analysis of key issues in managing the company.


 

Audit Committee

Chairman

Ms Jennifer Seabrook

Members

Mr Gao Xiaoyu
Dr Peter Cassidy
Mr Leung Cheuk Yan
Professor Pei Ker Wei

The Audit Committee is accountable to the Board. Its principle duties include the review and supervision of the financial reporting process and internal control system of the Group.

Download the Terms of Reference of the Audit Committee.

 

Risk Management Committee

Chairman

Mr Jiao Jian

Members

Mr Gao Xiaoyu
Mr Leung Cheuk Yan
Professor Pei Ker Wei

Remuneration Committee

Chairman

Dr Peter Cassidy

Members

Mr Jiao Jian
Mr Gao Xioyu
Ms Jennifer Seabrook
Professor Pei

Governance and Nomination Committee

Chairman

Mr Jiao Jian

Members

Dr Peter Cassidy
Mr Leung Cheuk Yan

 

 

Mineral Resources and Ore Reserves Committee

Members

Chairman – ExCo member or equivalent level
General Counsel
General Manager Technical Services
Group Manager Geology
Group Manager Mining
Group Manager Metallurgy

The Mineral Resources and Ore Reserves Committee is a sub-committee of the Audit Committee that oversees the Mineral Resources and Ore Reserves reporting processes.

The Committee facilitates and maintains free and open means of communication between the directors, the independent evaluators/auditors and management of the company and ensures compliance with the JORC Code and the applicable Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (Listing Rules).

Disclosure Committee

Members

Chief Executive Officer
Chief Financial Officer
Executive General Manager - China and Strategy
Executive General Manager - Stakeholder Relations
General Counsel
Company Secretary

The Disclosure Committee and Standard were established to ensure compliance with the disclosure obligations under the Listing Rules and the timely disclosure of inside information to the market.

The Disclosure Standard requires employees to refer all information that potentially requires disclosure to a member of the Disclosure Committee.

The Board is entrusted with overall responsibility for establishing and maintaining the company’s internal control systems and reviewing their effectiveness to safeguard the company’s assets and to protect shareholders’ interests.

The management maintain and monitor the internal control system on an ongoing basis.

For information on shareholder’s policies and procedures please refer to the Shareholder’s policies and procedures page.

Articles of Association

Download the MMG Limited Articles of Association. Chinese-language version available here.

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