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CORPORATE GOVERNANCE
Principle 15 – Communication with Shareholders
The Company does not practice selective disclosure and price sensitive information is publicly released on an immediate basis where required
under the Catalist Rules and the shareholders and members of the public will be informed promptly of all major developments of the Group.
Information is communicated to the shareholders on a timely basis via annual reports, notices of general meetings and extraordinary general
meetings where applicable, half-year and full-year announcements of fnancial results and other announcements or press releases through
SGXNET. As and when necessary, the Company also conducts analysts’ briefngs and investor roadshows to maintain regular dialogue with
shareholders as well as to solicit and understand the views of shareholders.
The Company does not have a fxed dividend policy. Details of dividends declared to shareholders in respect of FY2014 are set out in Page 121 of
this Annual Report
Principle 16 – Encourage Greater Shareholder Participation
Annual general meetings of the Company is a forum and platform for dialogue and interaction with all shareholders. The Board welcomes
shareholders’ feedback and questions regarding the Group at the annual general meetings. The members of the Board, Chairman of the various
Board Committees and external auditors will be present at the annual general meetings to answer questions from the shareholders.
The Company practices having separate resolutions at general meetings on each distinct issue and will make available minutes of general
meetings to shareholders upon their requests.
From 1 August 2015 onwards, the Company will put all resolutions to vote by poll in compliance with the Catalist Rules, and to make an
announcement of the detailed results showing the number of votes cast for and against each resolution and the respective percentages.
Material Contracts
(Rule 1204(8) of the Catalist Rules)
Other than those disclosed in the Report of the Directors and the Financial Statements, the Company and its subsidiary companies did not enter
into any material contracts (including loans) involving the interests of the Executive Chairman, CEO, Directors or controlling shareholders which are
either still subsisting as at the end of the fnancial year ended 31 March 2014 or if not then subsisting, entered into since the end of the previous
fnancial year.
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Annual Report 2014 •