Corporate Governance

Hospitality

Hospitality industry is a very broad industry as it consists of hotels, cruise ships, restaurants and anything that covers tourism or for leisure. In today’s high-tech world, mobile technology and social media act as the platform for businesses to promote their services and offerings for customers to make reservations through tablets and phone apps. Customers are also able to praise or critique their experience directly through social media. Hence the success of businesses is dependent on customer’s satisfaction and their praises for the services.

Antennas & Subsystems

With a seasoned team of R&D engineers and its state-of-the-art design tools and testing equipment, Comba supplies customers with robust, cost-effective antennas based on its innovative patented designs. Its largest microwave anechoic chambers in the region, located in Guangzhou, China, has been used by many customers around the world as an accredited testing facility for antenna performance benchmarking. Comba’s Antenna & Subsystem division offers full range of wireless antenna and RF products for cellular systems.

Organization Chart

Size of Board

Number of Independent Non-executive Directors ("INED") on the Board

Annual review of independence of INED

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Separate roles of Chairman and CEO

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Size of Audit Committee

Number of INED on the Audit Committee having accounting or related finanicial management expertise

Size of Remuneration Committee

Number of INED on the Remuneration Committee

Size of Nomination Committee

Number of INED on the Nomination Committee

Internal Audit Department

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Number of Board meetings held in FY2023

Number of Audit Committee meetings with external auditors' present held in FY2023

Number of Remuneration Committee meetings held in FY2023

Number of Nomination Committee meetings held in FY2023

Board members' retirement by rotation once every three years and re-election by shareholders

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Regular Board review on the financial statements and financial reporting system

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Annual Board review on the risk management and internal control systems

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Director Securities Dealing Guidelines (Model Code for Securities Transactions by Directors of Listed
Issuers as set out in Appendix C3 to the Hong Kong Listing Rules)

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Corporate Governance Guidelines (Corporate Governance Code as set out in Appendix C1 to the Hong Kong Listing Rules)

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Goals

To serve the best interests of the company’s owners and other stakeholders, include but not limited to:

enhancing return on capital
enhancing the benefits to employees
facilitating improvement of services for customers
optimizing the benefits for the community and the general public
promoting sustainable development and the protection of the environment etc.