BUILDING ON OUR EXTENSIVE NETWORK
Details of remuneration and benefits of directors for the financial year ended 30 April 2015 which will provide
sufficient overview of the remuneration of directors are set out below:
Directors’
Fees*
Fixed Salary and
Benefits
Performance
Related Bonus
Total
%
%
%
%
Executive Directors
Between $1,000,000 and $1,250,000
Wee Kok Wah
-
52
48
100
Between S$500,000 and $750,000
Mrs Dawn Wee Wai Ying
-
69
31
100
Non-Executive Directors
Below $250,000
Sam Chong Keen
100
-
-
100
Tay Puan Siong
100
-
-
100
Goh Chee Wee
100
-
-
100
Dr Wee Li Ann
100
-
-
100
Leslie Mah Kim Loong
100
-
-
100
Kazumichi Mandai
100
-
-
100
* Directors’ Fees are subject to shareholders’ approval at the AGM to be held on 28 August 2015.
Key Management Personnel
In the interest of maintaining good morale and a strong spirit of teamwork within the Group, the Company has
weighed the advantages and disadvantages of the disclosure relating to the remuneration of the 5 top key
management personnel (who are not directors) of the Group for the financial year ended 30 April 2015 and
believe that such disclosure may be prejudicial to its business interest given the highly competitive environment it
is operating in.Their profiles are found on page 7 of this Report.
Immediate Family Members of Directors:
There is no employee who is an immediate family member of a director or the President and whose remuneration
exceeded S$50,000 in the Group’s employment for the financial year ended 30 April 2015.
Accountability and Audit
Principle 10: Accountability
Principle 11: Risk Management and Internal Controls
Principle 12: Audit Committee
Principle 13: Internal Audit
The Board is mindful of the obligation to provide shareholders with a balanced and understandable assessment
of the Company’s performance, position and prospects including information on all major developments that
affect the Group and strives to maintain a high standard of transparency.
The AC comprises three non-executive and independent directors and a non-executive director. It is chaired by
Mr Tay Puan Siong and the members are Mr Sam Chong Keen, Mr Leslie Mah Kim Loong and Dr Wee Li Ann. The
AC has full authority to investigate matters relating to the Group and any matters within its terms of reference.
Corporate Governance
(Cont’d)
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STAMFORD TYRES CORPORATION LIMITED
