Monday, October 29, 2012

Legislators' business posts raise concerns





Fund managers and brokers are concerned at the trend of legislators retaining multiple corporate directorships, but oppose any proposal to limit the number of board positions a person can accept.


New People's Party deputy chairman Michael Tien Puk-sun, for example, is a director of 42 companies, while others are on the boards of anywhere between 10 and 17 companies.


Hong Kong Institute of Directors chairman Kelvin Wong Tin-yau said holding too many directorships was hardly ideal.









via Business feed http://www.scmp.com/business/companies/article/1071937/legislators-business-posts-raise-concerns

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