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HK Electric Investments and HK Electric Investments Limited (HKVTY)

Other OTC - Other OTC Delayed Price. Currency in USD
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9.730.00 (0.00%)
At close: 01:57PM 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
IndustryUtilities—Regulated Electric
Full-time employees1,699

Key executives

NameTitlePayExercisedYear born
Mr. Kin Ning Fok B.A., BA, DFM, F.C.A., FCA (ANZ)Exec. Chairman96.81kN/A1951
Mr. Chi Tin WanCEO & Exec. Director2.27MN/A1950
Mr. Cho Ying ChengExec. Director & Operations Director766.87kN/A1957
Mr. Loi Shun Chan FCCA, FCPAExec. Director414.01kN/A1963
Mr. Daobiao ChenCo-GM of Transmission & Distribution and Exec. Director439.49kN/A1968
Mr. Kim Man WongChief Financial OfficerN/AN/A1961
Mr. Wai Cheong Ng LLBGroup Legal Counsel & Company Sec.N/AN/A1969
Ms. Yuk Chun YeungGen. Mang. of Public AffairsN/AN/A1964
Mr. Yin Piu HoGen. Mang. of Corp. Devel.N/AN/A1971
Mr. Wu Kwok KwongGen. Mang. of HRN/AN/A1965
Amounts are as of 31 December 2019, 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, and distribution of electricity in Hong Kong Island and Lamma Island. As of December 31, 2021, the company operated 6 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 3,617 megawatts. It also operated a transmission and distribution network of 6,734 kilometers; 4,100 substations; and 6,300 transformers, as well as served 584,000 residential, commercial, and industrial customers. The company was founded 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 May 2022 is 2. The pillar scores are Audit: 3; Board: 8; Shareholder rights: 2; Compensation: 3.

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.