Hong Kong Stock Code: 1118

Corporate Governance

Corporate Governance

Golik Holdings Limited (the “Company”) is committed to the maintenance of good corporate governance practices as set out in the Code on Corporate Governance Practice in Appendix 14 to the Listing Rules.

Corporate Governance Report

Board of Directors

List of Directors and their Role and Function

Audit Committee

The Company established its Audit Committee on 5th January, 1999. The Audit Committee comprises three Independent Non-executive Directors namely Mr. Yu Kwok Kan, Stephen, Mr. Chan Yat Yan and Mr. Lo Yip Tong.

Terms of Reference for Audit Committee

Remuneration Committee

The Company established its Remuneration Committee on 21st April, 2005. The Remuneration Committee comprises three Independent Non-executive Directors namely Mr. Yu Kwok Kan, Stephen, Mr. Chan Yat Yan and Mr. Lo Yip Tong.

Terms of Reference for Remuneration Committee

Appointment and election of Directors

The total number of Directors elected shall not exceed the number determined from time to time by Shareholders in general meeting. Shareholders may propose an appropriate person to stand for election as a Director.

Procedures for Shareholders to propose a Person for election as a Director

Constitutional Documents

Memorandum of Association and New Bye-Laws