Question:Knowing that you have recently studied about corporate governance and management, Mr Poon King Sum has sought your advice. Mr Lau Kun Kee, the chairman/CEO of Lau Conco Ltd, who was a friend of Mr Poons father, has raised the possibility of him joining the company as an INED following a NASDAQ listing. He has also received a letter from the CFO of Lau Conco outlining the role of such an INED. But Mr Poon is not sure whether the situation is quite as simple as he has been told. Please draft a letter to Mr Poon advising him.
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