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Broadening the HKBN Co-Owner base to over 930
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| In stark contrast to the way most businesses in Hong Kong are owned and operated, HKBN is different – we are led by over 930 Co-Owners, including 790 who recently made an incremental investment of HK$290 million for our Co-Ownership III Plus (“CO3+”) tranche. |
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| The majority of our supervisors and above position Talents have chosen to invest their family savings (an amount of up to two year's worth of salary ) to purchase HKBN shares, or invest a portion of their salary towards a common KPI for our Beyond-Hong Kong business. By having 'skin-in-the-game' interest alignment with the company, Co-Owners will share additional bonus returns if company KPIs are achieved or exceeded. |
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| This is just like builders of a bridge who, as a sign of confidence, volunteer to live with their families underneath the bridge after it is built. As Co-Owners, our Talents function both as passionate employees and watchful shareholders who have a vested interest in making sure that through every decision, every investment and every action taken, customers are happy and satisfied. |
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Achieving Purpose and distributed wealth-creation in tandem
Mirroring HKBN's purpose-driven objective to create a lasting community impact wherever it operates, most of the CO3+ Co-Owners have pledged to donate some of their bonus shares to the HKBN Talent CSI Fund, an independently run charity. Two HKBN executive directors have also personally donated 4 million HKBN shares as seed funding to kick things off. |
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| For more about HKBN Co-Ownership, click here. |
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| Read other stories in this issue |
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