Response to Consultation on Review of Corporate Governance Code and Related Listing

Hong Kong REITS Association (HKREITA) made a submission to Hong Kong Exchanges and Clearing Limited (HKEX) on 16 August 2024 on a Consultation on Review of Corporate Governance Code and Related Listing Rules.

HKREITA is generally supportive of the proposals and appreciates HKEX’s commitment to protecting the interests of the industry and investors. However, HKEX should consider the challenges and concerns faced by HKREITA’s members as identified in the submission by allowing a longer transition period for the companies to fully comply with the six-directorship cap and the nine-year tenure limit.

Document can be viewed here.

– End –