Established on 15 September 2004, the Audit Committee comprises the following members:

• Mr. Yeung Man Sun* (Chairman of the Committee)
• Ms. Kwan Shin Luen, Susanna*
• Ms. Lai Ka Fung, May*

* Independent Non-executive Director

Under specific written terms of reference, the Audit Committee is primarily responsible for making recommendations to the Board on the appointment and removal of the external auditor, to approve the remuneration and terms of engagement of external auditor, review financial information and oversight of the financial reporting system and internal control procedures.