HK Electric Investments and HK Electric Investments Limited (HKCVF)

0.6197 0.0000 (0.00%) At close: 02:27PM EDT

HK Electric Investments and HK Electric Investments Limited

Hongkong Electric Centre
44 Kennedy Road
Hong Kong
Hong Kong
852 2843 3111
https://www.hkelectric.com

Sector(s): Utilities
Industry: Utilities - Regulated Electric
Full-time employees: 1,657

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kin Ning Fok BA, DFM, F.C.A., FCA (ANZ)	Executive Chairman	194.15k	N/A	1951
Mr. Cho Ying Cheng	CEO, MD & Executive Director	1.15M	N/A	1957
Mr. Loi Shun Chan FCCA, FCPA	Executive Director	458.55k	N/A	1962
Mr. Yuanhang Wang	Executive Director	392.13k	N/A	1964
Mr. Ying Leung Kwan	Executive Director	546.68k	N/A	N/A
Mr. Kim Man Wong	Chief Financial Officer	N/A	N/A	1961
Mr. Wai Cheong Ng LLB	Group Legal Counsel & Company Secretary	N/A	N/A	1969
Ms. Yuk Chun Yeung	General Manager of Public Affairs	N/A	N/A	1964
Mr. Yin Piu Ho	General Manager of Corporate Development	N/A	N/A	1972
Mr. Wu Kwok Kwong	General Manager of Human Resources	N/A	N/A	1965

Amounts are as of 31 December 2023, and compensation values are for the last fiscal year ending on that date. Pay includes salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

HK Electric Investments and HK Electric Investments Limited, an investment holding company, engages in the generation, transmission, distribution, and supply of electricity in Hong Kong Island and Lamma Island. As of December 31, 2023, the company operated 5 coal-fired units, 5 oil-fired gas turbine units, 3 gas-fired combined-cycle units, 1 solar power system, and 1 wind turbine with an installed capacity of 3,403 megawatts. It also operated a transmission and distribution network of 6,969 kilometers, as well as served 589,000 residential, commercial, and industrial customers. The company also involved in the financing business. HK Electric Investments and HK Electric Investments Limited was incorporated in 1889 and is headquartered in Hong Kong, Hong Kong.

Corporate governance

HK Electric Investments and HK Electric Investments Limited’s ISS governance QualityScore as of 1 April 2024 is 8. The pillar scores are Audit: 2; Board: 9; Shareholder rights: 4; Compensation: 5.

Corporate governance scores courtesy of Institutional Shareholder Services (ISS). Scores indicate decile rank relative to index or region. A decile score of 1 indicates lower governance risk, while 10 indicates higher governance risk.