| 1. |
To monitor the macro business environment and market trends with respect to SOCAM's current and potential business areas.
|
| 2. |
To evaluate and set the business strategies for ensuring the long-term growth and competitiveness of SOCAM's core businesses.
|
| 3. |
To formulate corporate strategies for enhancing SOCAM's long-term development.
|
| 4. |
To plan and allocate resources, human, financial and otherwise, for the execution and implementation of the approved business plans and corporate development strategies.
|
| 5. |
To review the execution of approved strategies and business plans.
|
| 6. |
To review and approve acquisitions and disposals of assets in the ordinary course of business with investment cost / net book value not exceeding HK$25 million for any single transaction or a series of related transactions, other than notifiable transactions and connected transactions as defined by the Hong Kong Listing Rules.
|
| 7. |
To review the operating performance and financial position of SOCAM and its strategic business units on a monthly basis and take appropriate remedial measures.
|
| 8. |
To review and approve proposals regarding major organisation and human resources matters outside the scope of the Remuneration Committee.
|
| 9. |
To implement the decisions taken by the Board. |
