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Power Assets Holdings Limited (HGKGY)

Other OTC - Other OTC Delayed Price. Currency in USD
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6.37-0.03 (-0.41%)
As of 11:54AM EDT. Market open.

Power Assets Holdings Limited

Cheung Kong Center
Unit 2005 20th Floor 2 Queen’s Road
Central
Hong Kong
852 2122 9122
http://www.powerassets.com

Sector(s)Utilities
IndustryUtilities—Independent Power Producers
Full Time Employees13

Key Executives

NameTitlePayExercisedYear Born
Mr. Kin Ning Fok B.A., F.C.A., BA, DFM, FCA (ANZ)Chairman15.45kN/A1951
Mr. Chao Chung Tsai BAppScMechEng, BSME, CPEngCEO & Exec. Director630.67kN/A1957
Mr. Andrew John Hunter M.A., M.B.A., MA, MBA, MDBA, MICAS, MHKICPAExec. Director23.17kN/A1958
Mr. Chi Tin WanExec. Director9.01kN/A1950
Mr. Neil Douglas McGeeExec. Director9.01kN/A1951
Mr. Loi Shun Chan FCPA, FCCAExec. Director716.91kN/A1963
Mr. Kee Ham ChanChief Financial OfficerN/AN/A1963
Mr. Wai Cheong Ng LLBGroup Legal Counsel & Company Sec.N/AN/A1969
Amounts are as of December 31, 2020 and compensation values are for the last fiscal year ending on that date. Pay is salary, bonuses, etc. Exercised is the value of options exercised during the fiscal year. Currency in USD.

Description

Power Assets Holdings Limited, an investment holding company, generates, transmits, and distributes electricity in Hong Kong, the United Kingdom, Australia, Mainland China, and internationally. The company generates energy from thermal, renewable energy, and waste sources. It also distributes gas; transmits oil; holds property and deposits; and provides consulting, investing, trust administration, and management services. The company has a generation capacity of 1,004 MW renewable energy/energy from waste, 4,754 MW gas fired, and 4,216 MW coal/oil fired; and operates 114,000 km of gas/oil pipeline, as well as 400,700 km of power network serving 19,192,000 customers. The company was formerly known as Hongkong Electric Holdings Limited and changed its name to Power Assets Holdings Limited in February 2011. Power Assets Holdings Limited was founded in 1889 and is based in Central, Hong Kong.

Corporate Governance

Power Assets Holdings Limited’s ISS Governance QualityScore as of July 1, 2021 is 6. The pillar scores are Audit: 1; Board: 8; Shareholder Rights: 7; 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 a 10 indicates higher governance risk.