Annual Report 2019

FAR EAST CONSORTIUM INTERNATIONAL LIMITED 212 For the year ended 31 March 2019 NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS 14. DIRECTORS’ AND CHIEF EXECUTIVE’S EMOLUMENTS AND FIVE HIGHEST PAID EMPLOYEES (continued) (a) Directors’ and Chief Executive’s emoluments (continued) Name of directors Fees Salaries, bonuses and other benefits Retirement benefits scheme contributions Total HK$’000 HK$’000 HK$’000 HK$’000 For the year ended 31 March 2018 Executive Directors: David CHIU 25 2,268 18 2,311 Dennis CHIU 25 3,921 76 4,022 Craig Grenfell WILLIAMS 25 5,233 149 5,407 Cheong Thard HOONG 25 8,601 18 8,644 Non-executive Director: Denny Chi Hing CHAN (resigned on 1 January 2018) 166 – – 166 Independent Non-executive Directors: Kwok Wai CHAN 220 – – 220 Peter Man Kong WONG 220 – – 220 Kwong Siu LAM 220 – – 220 926 20,023 261 21,210 Tan Sri Dato’ David CHIU is also the Chief Executive of the Company and his emoluments disclosed above include those for services rendered by him as Chief Executive. The fee paid or payable to Executive Directors, Chief Executive, Non-executive Director and Independent Non-executive Directors shown above were mainly for their services in connection with their services as directors of the Company. The salaries, bonuses and other benefits, retirement benefits scheme contributions, and share-based payment expenses paid or payable to Executive Directors, Chief Executive and Non-executive Director shown above were mainly for their services in connection with the management of the affairs of the Group. Performance related incentive payment was paid/payable to Craig Grenfell WILLIAMS of HK$2,887,500 (2018: HK$2,980,000) and included in salaries and other benefits, which was determined with reference to his performances. Neither the chief executive nor any of the directors waived any emoluments in the years ended 31 March 2019 and 31 March 2018.