A N N U A L R E P O R T 2 0 1 6
36
CORPORATE
GOVERNANCE
Guideline
Code and/or Guide Description Company¡¯s Compliance or Explanation
Name of
Director
Board
Membership
Date of first
appointment
Date of last
re-election
Directorships
in other listed
companies
Audrey Yap Su
Ming
Non-Executive /
Independent
24 July 2014
¨C
None
Zainudin Bin
Nordin
Non-Executive /
Independent
28 July 2015
¨C
None
Further details of the Directors, including their profile and principal commitments, are set
out on pages 16 to 17 of this Annual Report.
Board Performance
5.1
5.2
5.3
What is the performance criteria
set to evaluate the effectiveness of
the Board as a whole and its board
committees, and for assessing the
contribution by each Director to the
effectiveness of the Board?
The NC will decide how the Board¡¯s performance is to be evaluated and propose objective
performance criteria, subject to the approval of the Board, to evaluate how the Board
has enhanced long-term shareholders¡¯ value. As the Company does not have any major
direct public-listed competitors, the Board¡¯s performance evaluation has not included
a benchmark index of its industry peers and its share price performance over a 5-year
period. Nonetheless, the Board has implemented a process to be carried out by the NC
for assessing the effectiveness of the Board as a whole and its Board Committees and for
assessing the contribution of the Chairman and each individual Director to the effective
functioning of the Board, based on a set of criteria.
The NC conducts a formal review of the Board performance annually, by way of a board
performance evaluation form which is circulated to the Board members for completion, to
evaluate and assess the effectiveness of the Board as a whole and its Board Committees.
The NC also conducts a formal review of the contributions and performance of each
individual Director through peer evaluation by way of a directors¡¯ assessment checklist
circulated to all Directors for completion.
