Thus it happened that the King of Prussia, with hands full of aggression, did not appear on the Rhine to chastise the aggressions of France, before the month of April. He brought with him about fifty thousand men, Prussians, Saxons, Hessians, and Bavarians. He was joined by fifteen or twenty thousand Austrians, under Wurmser, and five or six thousand French Emigrants under the Prince of Cond. But the French had on the Rhine one hundred and forty thousand men at least, of whom twenty thousand were within the walls of Mayence. The Prussians laid siege to that city, and the Austrians and British to Valenciennes. On the 21st of July the French engaged to give up Mayence on condition that they should be allowed to march out with the honours of war, and this the King of Prussia was weak enough to comply with. They must, of necessity, have soon surrendered at discretion; now they were at liberty to join the rest of the army and again resist the Allies. Valenciennes did not surrender until the 28th of July, and not till after a severe bombardment by the Duke of York. Thus three months of the summer had been wasted before these two towns, during which time the French had been employed in drawing forces from all quarters to the frontiers of Belgium, under the guidance of Carnot. The Duke of York was recalled from Valenciennes to Menin, to rescue the hereditary Prince of Orange from an overwhelming French force, against which his half-Jacobinised troops showed no disposition to act. Having effected his deliverance, the Duke of York marched on Dunkirk, and began, towards the end of August, to invest it; but he was left unsupported by the Prince of Orange, and being equally neglected by the Austrians, he was compelled to raise the siege on the 7th of September, and retreated with the loss of his artillery. The Prince of Orange was himself not long unassailed. Houchard drove him from Menin, and took Quesnoy from him, but was, in his turn, routed by the Austrian general Beaulieu, and chased to the very walls of Lille. According to the recent decree of the Convention, that any general surrendering a town or post should be put to death, Houchard was recalled to be guillotined. There continued a desultory sort of warfare on the Belgian frontiers for the remainder of the campaign. On the 15th and 16th of October Jourdain drove the Duke of Coburg from the neighbourhood of Maubeuge across the[421] Sambre, but the Duke of York coming up with fresh British forces, which had arrived at Ostend under Sir Charles Grey, the French were repulsed, and the Netherland frontiers maintained by the Allies for the rest of the year.During the years 1767, 1768, and 1769, Mr. Thomas Whatelyat one time private secretary to Grenville, and several years Under-Secretary of State to Lord Suffolk, but during these years out of office, and simply member of Parliamenthad maintained a private correspondence with Governor Hutchinson and his brother-in-law, Andrew Oliver, the Lieutenant-Governor. In these letters Hutchinson and Oliver had freely expressed to their old friend their views of the state of affairs in the colony; and, of course, said many things never intended to come to the public eye, or to operate officially. On the death of Whately, in 1772, some villain purloined these letters and conveyed them to Franklin, who was acting as agent for Massachusetts. Who this dishonest firebrand was, was never discovered. Franklin pledged himself to secrecy, both as to the letters and as to the name of the person who so basely obtained them. The name of this person he faithfully kept; but the contents of the letters were too well calculated to create irreconcilable rancour in the minds of the Americans, for him to resist the pleasure of communicating them to the Massachusetts Assembly. He accordingly forwarded them to Mr. Curling, the Speaker of the Assembly.THE "MEDIATOR" BREAKING THE BOOM AT LA ROCHELLE. (See p. 585.)
ONE:But the bullionists were still bent on forwarding their scheme, or on throwing the country into convulsions. Lord King announced to his tenants in a circular letter that he would receive his rents in specie or in bank-notes to an amount equalling the advanced value of gold. This raised a loud[12] outcry against the injustice of the act, which would have raised the rents of his farms twenty or more per cent.; and Lord Stanhope brought in a Bill to prevent the passing of guineas at a higher value than twenty-one shillings, and one-pound banknotes at a less value than twenty shillings. There was a strenuous debate on the subject in both Houses. In the Lords, Lord Chancellor Eldon demonstrated the enormity of people demanding their rents in gold when it did not exist, and when, if the person who could pay in notes carried these notes to the Bank of England, he could not procure gold for them. He denominated such a demand from landlords as an attempt at robbery. Yet the Bill was strongly opposed in both Housesin the Commons by Sir Francis Burdett, Sir Samuel Romilly, Brougham, and others. It underwent many modifications, but it passed, maintaining its fundamental principles, and landlords were obliged to go on taking their rents in paper.
ONE:
Guiding our corporate vision for success
HKBN is steered by a Board of Directors that intermingles a range of expert abilities for visionary thinking. Our board consists of eight Directors, comprising two Executive Directors, three Non-executive Directors and three Independent Non-executive Directors.
Bradley Jay HORWITZ
Chairman and Independent Non-executive Director
Bradley Jay HORWITZ was appointed as the Chairman and an Independent Non-executive Director of the Company on 6 February 2015. In 2005, Mr. Horwitz founded Trilogy International Partners and has served as president and chief executive officer since it was established.
Bradley Jay HORWITZ was appointed as the Chairman and an Independent Non-executive Director of the Company on 6 February 2015. In 2005, Mr. Horwitz founded Trilogy International Partners and has served as President and Chief Executive Officer since it was established. Trilogy International Partners was established to acquire wireless international assets in Haiti and Bolivia and to develop additional international wireless assets, primarily in South America and the Caribbean. Prior to establishing Trilogy International Partners, Mr. Horwitz served as President of Western Wireless International, having founded the company in 1995 while also serving as an Executive Vice President of Western Wireless Corporation. Previously, he was a founder and Chief Operating Officer of SmarTone Mobile Communications Limited. Mr. Horwitz graduated from San Diego State University, U.S. with a Bachelor of Science Degree in 1978.
Chu Kwong YEUNG (William YEUNG)
Executive Director
Chu Kwong YEUNG is the Executive Vice-chairman of the Group and an Executive Director of the company. Mr. Yeung joined the Group in October 2005 as Chief Operating Officer and became Executive Vice-chairman in September 2018.
Chu Kwong YEUNG is the Executive Vice-chairman of the Group and an Executive Director of the company. Mr. Yeung joined the Group in October 2005 as Chief Operating Officer, responsible for overseeing customer engagement, relationship management and network development. In November 2008, he was appointed as Chief Executive Officer and became Executive Vice-chairman in September 2018. Prior to joining the Group, Mr. Yeung was Director of Customers Division at SmarTone Mobile Communications Limited, and served as a police inspector with the Hong Kong Police Force. Mr. Yeung holds a Bachelor of Arts Degree from Hong Kong Baptist University, a Master of Business Administration Degree from the University of Strathclyde, U.K., and a Master of Science Degree in Electronic Commerce and Internet Computing from The University of Hong Kong. Mr. Yeung was recognised as Champion of Human Resources by The Hong Kong HRM Awards 2010. Mr. Yeung is one of our proud Co-Owners.
Ni Quiaque LAI (NiQ LAI)
Executive Director
Ni Quiaque LAI (NiQ LAI) is the Chief Executive Officer of the Group, and an Executive Director of the company. Mr. Lai joined the Group in May 2004. He has rich experience in the telecommunications, research and finance industries, and is passionate about developing HKBN Talents because he believes if you get the people right, the company will do great. Prior to joining the Group, Mr. Lai was an analyst and the Director and Head of Asia Telecom Research for Credit Suisse, where he was involved in numerous global fund raising initiatives for Asian telecom carriers.
Ni Quiaque LAI (NiQ LAI) is the Chief Executive Officer of the Group, and an Executive Director of the company. Mr. Lai joined the Group in May 2004. He has rich experience in the telecommunications, research and finance industries, and is passionate about developing HKBN Talents because he believes if you get the people right, the company will do great. Prior to joining the Group, Mr. Lai was an analyst and the Director and Head of Asia Telecom Research for Credit Suisse, where he was involved in numerous global fund raising initiatives for Asian telecom carriers. Mr. Lai holds a Bachelor of Commerce Degree from the University of Western Australia, and an Executive Master of Business Administration Degree from Kellogg-HKUST, Hong Kong. He is a Fellow member of the Hong Kong Institute of Certified Public Accountants (HKICPA) and CPA Australia. In March 2016, he was recognised as Best CFO by FinanceAsia Survey of Asia's Best Companies 2016 (Hong Kong). Mr. Lai is one of our proud Co-Owners.
Deborah Keiko ORIDA
Non-executive Director
Deborah Keiko ORIDA was appointed as a Non-executive Director and a member of the Nomination Committee of the Company on 20 November 2015. Ms. Orida is the Senior Managing Director & Global Head of Active Equities at Canada Pension Plan Investment Board (“CPPIB”), a substantial shareholder (as defined in Part XV of the Securities and Futures Ordinance) of the Company.
Deborah Keiko ORIDA was appointed as a Non-executive Director and a member of the Nomination Committee of the Company on 20 November 2015. Ms. Orida is the Senior Managing Director & Global Head of Active Equities at Canada Pension Plan Investment Board (“CPPIB”), a substantial shareholder (as defined in Part XV of the Securities and Futures Ordinance) of the Company. Ms. Orida joined CPPIB in 2009 in Toronto and has held senior leadership roles, including Managing Director, Head of Relationship Investments International, covering Europe and Asia, and was most recently Managing Director and Head of Private Equity Asia. Ms. Orida is responsible for leading Active Fundamental Equities, Relationship Investments, Thematic Investing, Fundamental Equities Asia and Sustainable Investing. Prior to joining CPPIB, Ms. Orida was an investment banker at Goldman Sachs & Co. in New York and Toronto where she advised management teams and boards on mergers and acquisitions and financing transactions. Prior to Goldman Sachs & Co., Ms. Orida was a securities lawyer at Blake, Cassels & Graydon in Toronto. Ms. Orida previously served on the Board of Directors of Nord Anglia Education and the Board of Directors of the Investment Committee of the Bridgepoint Health Foundation and was the Chair of the Board of Directors of Vitalhub Corp., a mobile healthcare startup company. Ms. Orida holds a Master of Business Administration from The Wharton School and a Bachelor of Laws and a Bachelor of Arts from Queen’s University, Canada.
Zubin Jamshed IRANI
Non-executive Director
Zubin Jamshed IRANI was appointed as a Non-executive Director, a member of the Audit Committee and a member of Remuneration Committee of the Company on 30 April 2019. Mr. Irani is a Partner with TPG Capital and leads the Asia Operations Group. He brings over 20 years' experience in building strong teams, driving performance and managing change within businesses.
Zubin Jamshed IRANI was appointed as a Non-executive Director, a member of the Audit Committee and a member of Remuneration Committee of the Company on 30 April 2019. Mr. Irani is a Partner with TPG Capital and leads the Asia Operations Group. He brings over 20 years' experience in building strong teams, driving performance and managing change within businesses. At TPG Capital, Mr. Irani has worked in the consumer, healthcare, financial services, telecom and technology sectors. Prior to TPG Capital, Mr. Irani was with United Technologies Corporation ("UTC") where he led the business in India which included Carrier Air-conditioning and Refrigeration, Otis Elevators and UTC Fire & Security. Mr. Irani started his career at McKinsey & Company and worked in the Cleveland, Detroit, Copenhagen and Mumbai offices, serving several multi-national clients with a focus on automotive, industrial and post merger management. Mr. Irani holds a Masters in Materials Science and Engineering from Massachusetts Institute of Technology, U.S. and a Bachelor of Technology in Materials Engineering from Indian Institute of Technology Kanpur, India.
Teck Chien KONG
Non-executive Director
Teck Chien KONG was appointed as a Non-executive Director and a member of the Nomination Committee of the Company on 30 April 2019. Mr. Kong is a Partner at MBK Partners and is based in Hong Kong. With extensive investment experiences in both the telecommunication and media industries, he has led MBK Partners’ investments in WTT Holding Corp, China Network Systems Co., Ltd. and Gala TV Corp.
Teck Chien KONG was appointed as a Non-executive Director and a member of the Nomination Committee of the Company on 30 April 2019. Mr. Kong is a Partner at MBK Partners and is based in Hong Kong. With extensive investment experiences in both the telecommunication and media industries, he has led MBK Partners’ investments in WTT Holding Corp, China Network Systems Co., Ltd. and Gala TV Corp. Prior to MBK Partners, Mr. Kong spent five years at Carlyle Asia Partners, where he was Vice President and co-head of the Singapore office, and three years in the investment banking division at Salomon Smith Barney in New York and Hong Kong. Mr. Kong currently serves on the Board of Directors of Apex International Corporation, Teamsport Topco Limited and Siyanli Co. Ltd., and has experience serving on Board of Directors of Beijing Bowei Airport Support Limited, China Network Systems Co., Ltd., Gala TV Corp., GSE Investment Corporation, Luye Pharma Group Ltd and WTT HK Limited. Mr. Kong holds a Bachelor of Business Administration from the University of Michigan Business School, U.S., and has completed an executive management programme at Harvard Business School, U.S..
Stanley CHOW
Independent Non-executive Director
Stanley CHOW was appointed as an Independent Non-executive Director of the Company on 6 February 2015. Mr. Chow has over 21 years of experience as a corporate lawyer in Hong Kong and Canada, including more than 18 years of expertise in dealing with the Stock Exchange's Listing Rules during his time in private practice and as a senior manager at the Stock Exchange's Listing Division.
Stanley CHOW was appointed as an Independent Non-executive Director of the Company on 6 February 2015. Mr. Chow has over 21 years of experience as a corporate lawyer in Hong Kong and Canada, including more than 18 years of expertise in dealing with the Stock Exchange's Listing Rules during his time in private practice and as a senior manager at the Stock Exchange's Listing Division. Mr. Chow was a partner in the Hong Kong office of Latham & Watkins, an international law firm, from March 2009 to February 2014. Prior to joining Latham & Watkins, Mr. Chow practised law with Allen & Overy, from November 1996 to January 2009 where he was a partner in its Hong Kong office for over 8 years. As a corporate lawyer in Hong Kong, Mr. Chow has advised on a broad range of corporate finance and mergers and acquisitions transactions. Prior to his time in private practice, he was a senior manager in the Stock Exchange's Listing Division from May 1995 to October 1996 and also practised law with Canadian law firms in Hong Kong and Canada. Mr. Chow is a member of The Law Society of Hong Kong's Company Law Committee and was admitted as a solicitor in Hong Kong in 1995 and in England and Wales in 1994. He was also admitted as a barrister and solicitor in British Columbia, Canada in 1994 and in Ontario, Canada in 1991. Mr. Chow graduated from Queen's University, Canada with a Bachelor of Commerce (Honours) Degree and holds a Juris Doctor from the University of Toronto, Canada.
Quinn Yee Kwan LAW, SBS, JP
Independent Non-executive Director
Quinn Yee Kwan LAW, SBS, JP, was appointed as an Independent Non-executive Director of the Company on 6 February 2015. Mr. Law currently serves as the Deputy Chairman of Professional Conduct Committee of the Hong Kong Institute of Certified Public Accountants, and is an advisor of the Hong Kong Business Accountants Association.
Quinn Yee Kwan LAW, SBS, JP, was appointed as an Independent Non-executive Director of the Company on 6 February 2015. Mr. Law currently serves as the Deputy Chairman of Professional Conduct Committee of the Hong Kong Institute of Certified Public Accountants, and is an advisor of the Hong Kong Business Accountants Association which he was previously the Director and the Vice President of such Association. Mr. Law is currently an Independent Nonexecutive Director of Bank of Tianjin Co., Ltd. (stock code:1578) and ENN Energy Holdings Limited (stock code: 2688), both of which are listed on the Main Board of the Stock Exchange. From 1 August 2012 to 31 July 2018, Mr. Law was a council member cum Audit Committee Chairman at the Hong Kong University of Science and Technology. From 1 March 2008 to 28 February 2013, Mr. Law was the Deputy Chairman and the Managing Director of the Urban Renewal Authority, a statutory organisation in Hong Kong. Mr. Law is a Fellow of the Hong Kong Institute of Certified Public Accountants and is also a Fellow of the Association of Chartered Certified Accountants. He was admitted as an Associate of the Institute of Chartered Secretaries and Administrators on 11 November 1980. In view of Mr. Law’s experience in reviewing or analysing audited financial statements of private and public companies, the Directors believe that Mr. Law has the appropriate accounting or related financial management expertise for the purposes of Rule 3.10 of the Listing Rules.
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The Queen's marriage has been referred to in connection with the proceedings in Parliament. The details of that interesting event, and other incidents affecting her Majesty's happiness which occurred during the year, will now be recorded. The royal party assembled in the morning of the 10th of February at Buckingham Palace, whence it had been arranged that the members of her Majesty's family and those of Prince Albert's, accompanied by the officers of State, should proceed to St. James's Palace. The entire route along which the royal cortge was to pass was lined by the Horse Guards, while the trumpeters, in their State uniforms, were stationed at intervals to announce the approach of the royal bride and bridegroom. First, the Ladies and Gentlemen of her Majesty's Household, in seven royal carriages, arrived at the garden entrance of St. James's Palace; and then followed the splendid State coach containing her Majesty, her Royal Highness the Duchess of Kent, and the Mistress of the Robes. The closet behind the Throne Room had been draped with silk and prepared for the reception of the Queen. There her Majesty, attended by her maids of honour, train-bearers, and bridesmaids, remained until the Lord Chamberlain of her Household marshalled the procession to the Chapel Royal. Soon after her Majesty had entered the closet, the clash of "presented arms," the roll of drums and flourish of trumpets outside, told that the bridegroom had arrived. At a quarter to one o'clock the ring was placed upon her Majesty's finger; outside, the guns thundered forth the intelligence; but their loud booming was nearly drowned by the long-continued shouts of acclamation which arose from the thousands who thronged the park. At the conclusion of the service the Queen Dowager cordially embraced and kissed the bride, and the Prince acknowledged Queen Adelaide's congratulations by kissing her hand. The bride and her royal consort drove at once to Buckingham Palace, and the noble assembly that had witnessed the ceremony retired. After a splendid breakfast at Buckingham Palace the bride and bridegroom took their departure for Windsor Castle. The sun shone out in cloudless lustre just at the moment of their leaving the gateway; the vast concourse of people assembled outside the palace hailed this as a happy omen, and as the carriage containing the royal pair drove off, the air was rent with the most enthusiastic cheering.Besides the flattering assurances of the steady improvement in commerce and manufactures, and, consequently, in the revenues, the Regent's Speech, read, as usual, by the Lord Chancellor, justly congratulated the country on the successful termination of the Pindarree war by the Marquis of Hastings. It informed the two Houses that a new treaty had been entered into with the United States for adjusting the different points at issue between the two nations, not settled by the treaty of peace, and also for regulating the commerce between them. It announced the results of the Congress at Aix-la-Chapelle, and stated that some new measures were needed for the care of his Majesty's person in consequence of the death of the queen. The Address, in both Houses, was carried almost pro forma. Mr. Manners Sutton was elected Speaker of the Commons by acclamation.One great article of manufacture and export, however, down to this period, continued to be that of our woollens. To guard this manufacture many Acts had been passed at different times, prohibiting the exportation of the raw material. Immediately after the Revolution a fresh Act of this kind was passed, and such was the jealousy even of the Irish and of our American colonies weaving woollen cloths, that, in 1689, an Act was passed prohibiting the exportation of wool or woollen goods from Ireland or our plantations to any country except England. Having taken measures thus to confine as much as possible the profit of the woollen manufacture to England, the next year, which saw all protecting duties taken off corn, saw also leave given for the exportation of woollen cloths duty-free from England to any part of the world. Sir William Davenant estimates the value of the yearly growth of wool in England at this time at about 2,000,000, and the value of its woollen manufactures at 8,000,000. He calculates that one-fourth of this amount was exported. In 1738 Mr. John Kay invented the mode of casting the shuttle by what is called a "picking-peg," by which means the weaver was enabled to weave cloths of any width, and throw off twice the quantity in the same time. In 1758 the Leeds Cloth Hall was erected, and, about twenty years afterwards, a hall for white cloths.Thus surrounded by treason, Louis doubted the fidelity of Soult, who resigned his command; but he trusted Ney, and sent him to attack Buonaparte in the rear, whilst an army at Mlun, under Clarke, Duke of Feltre, was to attack him in front. Ney took leave of Louis on the 9th of March, declaring that he would bring Buonaparte to him in a cage; but at Lons-le-Saulnier, on the 14th, he received a letter from Napoleon, calling him "the bravest of the brave," and inviting him to resume his place in his army, and Ney went over at once. To abate the public opinion of his treason, he pretended that this expedition had been long arranged between himself and Buonaparte, but this Buonaparte at St. Helena denied.The nobles rose in a body and quitted the Assembly; but Gustavus continued his speech to the three remaining Orders. He declared it necessary, for the salvation of the country, for him to assume almost despotic powers, and he called on the three Estates to support him in punishing the traitorous nobles, promising to secure the liberties of the country as soon as this was accomplished. Not only the three Orders, but the public at large zealously supported him. Stockholm was in a state of high excitement. Gustavus surrounded the houses of the chief nobility with his brave Dalecarlians; secured twenty-five of the principal nobles, including the Counts Brah, Fersen, Horne, and others, who were consigned to the castle. He had already arrested nine of the leaders of the insurrection in the army in Finland, and these officers were[353] now also confined in the castle; others had escaped and fled to their patroness in St. Petersburg. To intimidate the king, nearly all the officers of the army, the fleet, and the civil department threw up their commissions and appointments, believing that they should thus completely paralyse his proceedings. But Gustavus remained undaunted. He filled up the vacancies, as well as he could, from the other Orders of the State; he brought the nobles and officers to trial, and numbers of them were condemned to capital punishment, for treason and abandonment of their sworn duties. Some few examples were made; the rest, after a short confinement, were liberated, and they hastened to their estates in the country. But it was found there, as everywhere else, that rank confers no monopoly of talent. The three other Orders warmly supported Gustavus, and he remodelled the Diet, excluding from it almost all the most powerful nobles, and giving greater preponderance to the other three Orders. In return for this, these Orders sanctioned an act called the Act of Safety, which conferred on the king the same power which is attached to the British Crown, namely, that of making peace or war. They granted him liberal supplies, and he quickly raised an army of fifty thousand men. As he considered the reduction of the restless and lawless power of Russia was equally essential to Britain, Holland, and Prussia, as to Sweden, Gustavus called on them to second his efforts. But Pitt would do nothing more than guarantee the neutrality of Denmark; and even this guarantee he permitted to become nugatory, by allowing the Danish fleet to give protection to the Russian fleet in the Baltic. A second Russian squadron, commanded by Dessein, a French admiral, descended from Archangel, entered the Baltic, menaced Gothenburg, and by the aid of the Danish ships was enabled to join the other Russian fleet at Cronstadt.