DRIVING IT UP
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ANNUAL REPORT 2016
Directors’ Attendance at Board & Committee Meetings held since May 2015
Board of
Directors
Audit
Committee
Nominating
Committee
Remuneration
Committee
No. of
Meetings
Held
No. of
Meetings
Attended
No. of
Meetings
Held
No. of
Meetings
Attended
No. of
Meetings
Held
No. of
Meetings
Attended
No. of
Meetings
Held
No. of
Meetings
Attended
Sam Chong Keen
4
4
4
4
1
1
1
1
Wee Kok Wah
4
4
-
-
1
1
-
-
Mrs Dawn Wee Wai Ying
4
4
-
-
-
-
-
-
Tay Puan Siong
4
4
4
4
1
1
-
-
Goh Chee Wee
4
4
-
-
-
-
1
1
Dr Wee Li Ann
4
4
4
4
-
-
1
1
Leslie Mah Kim Loong
4
4
4
4
-
-
-
-
Kazumichi Mandai
4
4
-
-
-
-
-
-
There is strong and independent element on the Board. The Board is able to exercise objective judgment
independently from Management and no individual or small group of individuals dominate the decisions of the
Board.
The NC considers the Board’s present size and composition appropriate taking into account the nature and
scope of the Group’s operations, the depth and breadth of knowledge, expertise and business experiences of the
directors to govern and manage the Group’s affairs and that a majority of Board is independent. The NC reviews
the size of the Board from time to time.
The Board has no dissenting view on the President’s Letter to Shareholders for the financial year in review.
Principle 3 : Chairman and President
There should be a clear division of responsibilities between the leadership of the Board and the executives
responsible for managing the company’s business. No one individual should represent a considerable
concentration of power.
The Chairman is a non-executive appointment and is separate from the office of the President. There is a clear
segregation of the roles and responsibilities between the Chairman and the President. The Chairman and
President are not related.
The Chairman provides strategic guidance and leads the Board. He is responsible for ensuring the effectiveness
of the Board and its governance processes, including the responsibilities of scheduling and setting agendas for
Board meetings and control over the quality, quantity and timeliness of information flow between the Board and
Management.
The President provides overall vision and bears full executive responsibility for the Group’s operations, including
making key day-to-day operational decisions.
Corporate Governance
(Cont’d)
