Hang Lung Earns Top Honors Again For Excellent Corporate Governance Across The Region

Press Release | Dec 10, 2015

(Hong Kong, December 10, 2014) Hang Lung Properties Limited (HKSE stock code: 101) is proud to receive the "Hong Kong Corporate Governance Excellence Awards 2014" from the Chamber of Hong Kong Listed Companies for its outstanding performance in corporate governance.

The judging panel praised Hang Lung for its approach to operating with integrity, especially its zero-tolerance policy on misconduct and a well-defined whistle-blowing policy and channels. Hang Lung is committed to maintaining the highest and most rigorous standards of corporate governance. With the Companys business in the Mainland growing rapidly, Hang Lung Properties will continue to live up to its motto of We Do It Right by extending its concept and vision of excellence in corporate governance into every city where the Company is operating its world-class projects.

“The award has confirmed the success of the Companys efforts in achieving the highest standards of corporate governance,” Mr. Philip N. L. Chen, Managing Director of Hang Lung Properties, said at the awards ceremony. “The progressive enhancements in our corporate culture and the well-established system fully reflect the way Hang Lung runs its business -- We Do It Right! This motto shows how the Company expresses the concept of a high level of corporate governance in a few simple words. These not only enable our 4,000 plus staff to comprehend them and act accordingly, but also allow our business partners to fully understand us.”

The Hong Kong Corporate Governance Excellence Awards are conferred annually by the Chamber of Hong Kong Listed Companies and are designed to encourage improvement in corporate governance of listed companies in Hong Kong. The Awards provide recognition for listed companies for their outstanding commitment to shareholder rights, compliance, integrity, fairness, responsibility, accountability, transparency, board independence & leadership, and corporate social responsibility. 

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