HK Electric Investments and HK Electric Investments Limited (HKVTY)

7.03 +0.53 (+8.08%) At close: 01:25PM EST

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: 1,682

Key executives

Name	Title	Pay	Exercised	Year born
Mr. Kin Ning Fok B.A., BA, DFM, F.C.A., FCA (ANZ)	Exec. Chairman	128.98k	N/A	1951
Mr. Chi Tin Wan	CEO & Exec. Director	2.43M	N/A	1950
Mr. Cho Ying Cheng	Exec. Director & Operations Director	799.43k	N/A	1957
Mr. Loi Shun Chan FCCA, FCPA	Exec. Director	432.92k	N/A	1963
Mr. Kim Man Wong	Chief Financial Officer	N/A	N/A	1961
Mr. Wai Cheong Ng LLB	Group Legal Counsel & Company Sec.	N/A	N/A	1969
Ms. Yuk Chun Yeung	Gen. Mang. of Public Affairs	N/A	N/A	1964
Mr. Yin Piu Ho	Gen. Mang. of Corp. Devel.	N/A	N/A	1971
Mr. Wu Kwok Kwong	Gen. Mang. of HR	N/A	N/A	1965
Mr. Yuanhang Wang	Exec. Director	N/A	N/A	N/A

Amounts are as of 31 December 2021, 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 28 January 2023 is 3. 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.