Prince Ferdinand this summer had to contend with numerous armies of the French. De Broglie marched from Frankfort into Hesse with a hundred thousand men. On the 10th of July they met the hereditary Prince of Brunswick at Corbach, and defeated him, though he gained a decided advantage over them a few days after at Emsdorf, taking the commander of the division and five battalions prisoners. This was followed by Ferdinand himself, who was at Warburg, where he took ten pieces of artillery, killed one thousand five hundred of the French, and drove them into the Dimel, where many were drowned. The British cavalry had the greatest share in this victory. In fact, the Marquis of Granby led them on all occasions with such spirit and bravery, that Ferdinand placed them continually in the post of danger, where of course they suffered more severely than the other troops.
On the 15th of September this year the Manchester and Liverpool Railway was opened. It was the first line opened for passenger traffic in the British empire. There was much difference of opinion as to the success of the experiment, and vast crowds attended to see the first trains running. The Duke of Wellington, Mr. Huskisson, and many persons of the highest distinction, started in the trains, which travelled on two lines in the same direction, sometimes nearly abreast. At Parkside the trains stopped to take in water, and Mr. Huskisson and several of his friends got out. He was brought round to the carriage where the Duke of Wellington was seated, who, as soon as he saw him, shook hands cordially with his old colleague. At this moment the other train started, when there was a general cry of "Get in, get in!" There was not time to do this, but Mr. Holmes, who was with Mr. Huskisson, had sufficient presence of mind to draw himself up close to the Duke's carriage, by which means he escaped uninjured. Mr. Huskisson, unfortunately, caught one of the doors, which, struck by the train in motion, was swung round, and caused him to fall on the other railway, so that his right leg was passed over and crushed by the engine. The Duke of Wellington and others ran to his assistance. The only words he uttered were, "I have met my death. God forgive me!" He was carried to Eccles, where the best medical advice was obtained, but he survived only a few hours, bearing his intense pain with great fortitude.
ONE:(After the Portrait by J. B. Greuze.)
ONE:THE COUNT DE MIRABEAU.The king, in his speech on opening Parliament, mentioned the fleets which we had dispatched to the West Indies and South America, and his determination to continue those armaments so as to bring Spain to reason. He professed to rely with confidence on our allies, although we had scarcely one left, whilst in the same breath he admitted the no longer doubtful hostility of France[74] at the very moment that our only allynamely, Austriawas calling on us for assistance, instead of being able to yield us any, should we need it. On the proposal of the address, the Opposition proceeded to condemn the whole management of the war. The Duke of Argyll led the way, and was followed by Chesterfield, Carteret, Bathurst, and others, in a strain of extreme virulence against Walpole, calling him a Minister who for almost twenty years had been demonstrating that he had neither wisdom nor conduct. In the Commons Wyndham was no longer living to carry on the Opposition warfare, but Pitt and Lyttelton more than supplied his place.
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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Napoleon, seeing that Bernadotte was become King of Sweden contrary to his secret will and to his expectations, determined, however, that he should still serve him. He gave him no respite. He demanded incessantly, and with his usual impetuosity, that Bernadotte should declare war against Great Britain and shut out of the Baltic both British and American merchandise. Alexander regarded him first with suspicion but his spies soon dissipated his fears. They soon perceived that Bernadotte was not disposed to be at once master of a powerful kingdom and the vassal of France. Alexander made offers of friendship; they were accepted by Bernadotte with real or affected pleasure, and his course became clearer. For the next two years there was a great strife to secure the alliance of the Crown Prince; and the proud, disdainful, imperious temper of Napoleon, who could not brook that one who had been created by him out of nothing but a sergeant of marines should presume to exercise an independent will, threw the prize into the hands of the more astute Russian, and decided the fate of Europe and of himself.On the 12th of March, 1839, Mr. Villiers again moved for a committee of the whole House to take into consideration the Act regulating the importation of foreign corn, and the Manchester delegates were once more in London to watch the progress of events. On this occasion the House again decided, by 342 votes to 195, not to take the subject into consideration. The defeat was of course expected; but the members of the Association immediately assembled again, and issued an address to the public, in which for the first time they recommended the formation of a permanent union, to be called the Anti-Corn Law League, and to be composed of all the towns and districts represented in the delegation, and as many others as might be induced to form Anti-Corn Law associations, and to join the League. Delegates from the different local associations were to meet for business from time to time at the principal towns represented; but in order to secure unity of action, it was proposed that the central office of the League should be established at Manchester, and that to its members should be entrusted the duties of engaging lecturers, obtaining the co-operation of the public press, establishing and conducting a stamped periodical publication, and keeping up a constant correspondence with the local associations. The delegates then parted, becoming so many local missionaries for spreading the doctrines of the new crusade. The Manchester Association had issued a large number of handbills and placards. It now began to publish more largely and systematically a series of pamphlets. Among these were "Facts for Farmers," in which it was shown to demonstration that, whatever might be the interest of the landowners, their tenants had no real share in the benefits of their monopoly. The cheapness of the publications secured them an extraordinary sale wherever political questions were discussed. Mr. Villiers's speech, extending to thirty-two closely printed pages, was sold at three halfpence; Mr. Poulett Thomson's speech, occupying sixteen pages, at three farthings. When the appeals were made to the electors of the kingdom during the height of the agitation, as many as half a million each of the more popular tracts were issued at a time. In accordance with the resolution passed by the League at its formation in London, a fortnightly organ of the new movement was started on the 16th of April. Its title was the Anti-Corn Law Circular. A preliminary address announced that a copy of the paper would be regularly forwarded to every newspaper, review, and magazine in the empire. The first number contained a "Modern History of the Corn Laws," by Richard Cobden, with various information on the progress of the movement. Meanwhile the work of lecturing went on. Free Trade missionaries were dispatched to all parts, and, to the annoyance of the landlords, even preached their obnoxious doctrines to audiences in smock frocks in the agricultural towns and villages, where the views of the country party had hitherto held undisputed sway. Among the most remarkable of these speakers was Colonel Perronet Thompson, who, by his celebrated "Catechism of the Corn Laws," and his other writings, had done perhaps more than any other man of his time to confute the fallacies of the Protectionist party. The clear and terse style, the shrewd reasoning power, the apt and homely illustration, and, above all, the hearty sincerity and good temper of this remarkable man, were equally acceptable among the most refined or the least educated audiences.THE MINT, LONDON.The elections were now carried on with all the fire and zeal of the two parties. The Tories boasted of their successful efforts to stem the tide of expenditure for the war, to staunch the flow of blood, and restore all the blessings of peace. The Whigs, on the contrary, made the most of their opposition to the Treaty of Commerce, which they represented as designed to sacrifice our trade to the insane regard now shown to the French. To show their interest in trade, they wore locks of wool in their hats; and the Tories, to show their attachment to the Restoration and the Crown, wore green twigs of oak. Never was shown more completely the want of logical reason in the populace, for whilst they were declaring their zeal for the Protestant succession, and whilst burning in effigy on the 18th of NovemberQueen Bess's daythe Pope, the Devil, and the Pretender, they sent up a powerful majority of the men who were secretly growing more and more favourable to the Pretender's return. Never, indeed, had the chances of his restoration appeared so great. General Stanhope, on the close of the elections, told the Hanoverian minister that the majority was against them, and that if things continued ever so short a time on the present footing, the Elector would not come to the Crown unless he came with an army.The Church Temporalities Bill, with some alterations, passed the Lower House; it encountered strong opposition in the Lords, who defeated the Ministry on one important amendment, but it ultimately passed, on the 30th of July, by a majority of fifty-four, several peers having recorded their protests against it, among whom the Duke of Cumberland was conspicuous. The Commissioners appointed under the Bill were the Lord Primate, the Archbishop of Dublin, the Lord Chancellor and Chief Justice of Ireland, and four of the bishops, and some time afterwards three laymen were added. The following were the principal features of this great measure of Church Reform: Church Cess to be immediately abolishedthis was a direct pecuniary relief to the amount of about 80,000 per annum, which had been levied in the most vexatious mannerand a reduction of the number of archbishops and bishops prospectively, from four archbishops and eighteen bishops to two archbishops and ten bishops, the revenues of the suppressed sees to be appropriated to general Church purposes. The archbishoprics of Cashel and Tuam were reduced to bishoprics, ten sees were abolished, the duties connected with them being transferred to other seesDromore to Down, Raphoe to Derry, Clogher to Armagh, Elphin to Kilmore, Killala to Tuam, Clonfer to Killaloe, Cork to Cloyne, Waterford to Cashel, Ferns to Ossory, Kildare to Dublin. The whole of Ireland was divided into two provinces by a line drawn from the north of Dublin county to the south of Galway Bay, and the bishoprics were reduced to ten. The revenues of the suppressed bishoprics, together with those of suspended dignities and benefices and disappropriated tithes, were vested by the Church Temporalities Act in the Board of Ecclesiastical Commissioners, to be applied by them to the erection and repairs of churches, to the providing for Church expenses hitherto defrayed by vestry rates, and to other ecclesiastical purposes. The sales which were made of perpetuities of Church estates, vested in the Ecclesiastical Commissioners, produced upwards of 631,353; the value of the whole perpetuities, if sold, was estimated at 1,200,000. The total receipts of the Ecclesiastical Commissioners in 1834 were 68,729; in 1835 they amounted to 168,027; and in 1836 they reached 181,045. The cost of the official establishment was at one time 15,000; during the later years, however, it averaged less than 6,000. Its total receipts, up to July, 1861, were 3,310,999. The Church Temporalities Act imposed a tax on all benefices and dignities whose net annual value exceeded 300, graduated according to their amount, from two and a half to five per cent., the rate of charge increasing by 2s. 6d. per cent. on every additional 10 above 405. All benefices exceeding 1,195 were taxed at the rate of fifteen per cent. The yearly tax imposed on all bishoprics was graduated as follows:Where the yearly value did not exceed 4,000 five per cent.; not exceeding 6,000, seven per cent.; not exceeding 8,000, ten per cent.; and not exceeding 10,000, twelve per cent. In lieu of tax the Archbishopric of Armagh was to pay to the Ecclesiastical Commissioners an annual sum of 4,500, and the see of Derry to pay 6,160. The exact net incomes of the Irish bishops were as follows:Armagh, 14,634; Meath, 3,764;[361] Derry, 6,022; Down, 3,658; Kilmore, 5,248; Tuam, 3,898; Dublin, 7,636; Ossory, 3,874; Cashel, 4,691; Cork, 2,310; Killaloe, 3,310; Limerick, 3,987total, 63,032. The total amount of tithe rent-charge payable to ecclesiastical personsbishops, deans, chapters, incumbents of benefices, and the Ecclesiastical Commissioners was 401,114. The rental of Ireland was estimated, by the valuators under the Poor Law Act, at about 12,000,000this rental being about a third part of the estimated value of the annual produce of the land.
