dnmStrategies Ltd, a Hong Kong incorporated company, has reviewed and read your proposal for the establishment of an authoritative body to represent and advance the minority shareholder's interests in Hong Kong listed companies as well as accelerate corporate governance reform. We are 100% behind and supportive of your proposal. As a resident of Hong Kong for the last 16 years, I am pleased to see such efforts in the business community. If Hong Kong wishes to be "Asia's World City" initiatives like this and others are definitely required.
dnmStrategies is the exclusive producer and manager of BusinessWeek's Executive Programmes and conferences in Asia. Since we have over 8,000 top executives from companies in Hong Kong going to various events we produce each year including functions with personalities like George Bush or John Major or Lee Kuan Yew and many others, I think we have a feel for key issues on the agenda of executives in Hong Kong.
Improving corporate governance and transparency by listed companies in Hong Kong as well as looking after the interests of minority shareholders is definitely in the top 5 issues of most of these executives based on issue surveys conducted with executives attending these BusinessWeek events and the active participation in sessions where these topics are featured. As a result, we applaud and congratulate you on your initiatives and efforts.
Sam Moon
Chief Executive Officer