Annual Report 2019

ANNUAL REPORT 2019 295 GLOSSARY “Dorsett” Dorsett Hospitality International Limited (formerly know as Kosmopolito Hotels International Limited), a company incorporated in the Cayman Islands and a listed subsidiary of the Company until it was privatized (previous stock code: 2266) and became an indirect wholly-owned Subsidiary in October 2015. “Dorsett Group” Dorsett and its subsidiaries. “Dorsett Share Option Scheme” the share option scheme of Dorsett adopted on 10 September 2010. “EUR” Euro, the lawful currency of the eurozone. “FECIL Share Option Schemes” the share option schemes of the Company adopted pursuant to the resolutions passed by the Shareholders on 28 August 2002 and 31 August 2012. “FY” financial year ended/ending 31 March. “GBP” or “£” pounds sterling, the lawful currency of the United Kingdom. “GDV” gross development value. “GFA” gross floor area. “Group” the Company and its Subsidiaries. “HK$” Hong Kong dollars, the lawful currency of Hong Kong. “HKICPA” the Hong Kong Institute of Certified Public Accountants. “Hong Kong” or “HK” or “HKSAR” the Hong Kong Special Administrative Region of the PRC. “LC” local currency. “Listing Rules” the Rules Governing the Listing of Securities on the Stock Exchange. “Macquarie” Macquarie Principal Finance Group. “MCC” Manchester City Council. “Model Code” Model Code for Securities Transactions by Directors of Listed Issuers set out in Appendix 10 of the Listing Rules. “MYR” Malaysian Ringgit, the lawful currency of Malaysia. “OCC” overall occupancy rate. “Percentage Ratio” has the meaning ascribed to such term in Rule 14.07 of the Listing Rules. “PRC” or “Mainland China” or “China” other regions in the People’s Republic of China, and for the purpose of this annual report and unless otherwise stated, references in this annual report to the PRC do not include Taiwan, Hong Kong or Macau Special Administrative Region of the PRC. “QWB Project” Queen’s Wharf Project in Brisbane.