A N N U A L R E P O R T 2 0 1 6
34
CORPORATE
GOVERNANCE
Guideline
Code and/or Guide Description Company¡¯s Compliance or Explanation
Table 5(b) ¨C Process for the Re-appointment of Incumbent Directors
1. Assessment of
director
The NC would assess the overall contributions and
performance of the Director in accordance with the
performance criteria set by the Board, and consider the current
needs of the Board.
2. Re-appointment
of director
Subject to the NC¡¯s satisfactory assessment, the NC would
recommend the proposed re-appointment of the Director to
the Board for its consideration and approval.
The Constitution also requires not less than one-third of the Board to retire from office by
rotation at each annual general meeting (¡°
AGM
¡±), except for Managing Directors who shall
not be required to retire or be taken into account in determining the rotation. Accordingly,
save for Mr Han Keen Juan and Mr Lim Tao-E William who hold office as Managing
Directors, the Directors will submit themselves for re-election at regular intervals of at least
once every three (3) years. A retiring Director is eligible for re-election by the shareholders
at the AGM.
The NC has recommended to the Board that Ms Chow Hui Shien and Ms Audrey Yap Su
Ming, who are due to retire by rotation, be nominated for re-election at the forthcoming
AGM.
Ms Chow Hui Shien will, upon re-election as a Director of the Company, remain as an
Executive Director and the Deputy CEO of the Company. Ms Chow Hui Shien is the niece
of Mr Han Keen Juan, the Executive Chairman and controlling shareholder of the Company
and Mdm Ng Choi Hong, a deemed controlling shareholder of the Company, and she is
the cousin of Mr Lim Tao-E William, an Executive Director and the CEO of the Company.
Save for the aforementioned, Ms Chow Hui Shien does not have any relationships including
immediate family relationships between herself and the Directors, the Company and its
10% shareholders.
