A N N U A L R E P O R T 2 0 1 6
40
CORPORATE
GOVERNANCE
Guideline
Code and/or Guide Description Company¡¯s Compliance or Explanation
6.5
Are the Directors entitled to seek
independent professional advice at
the expense of the Company?
The Directors are entitled individually or as a group, to seek independent professional
advice at the expense of the Company, in furtherance of their duties.
REMUNERATION MATTERS
Developing Remuneration Policies
7.1
7.2
What is the role of the RC?
The RC comprises Mr Zainudin Bin Nordin as Chairman, and Mr Ong Chin Lin and Ms
Audrey Yap Su Ming as members. All members of the RC are Non-Executive Independent
Directors.
The RC is governed by written terms of reference under which it is responsible for, amongst
others:
(a) reviewing and recommending to the Board, a general framework of remuneration for
the Directors and key executives, which will be submitted for endorsement by the
entire Board;
(b) reviewing and recommending annually to the Board, the specific remuneration
packages for each Director as well as for the key executives;
(c) reviewing all aspects of remuneration, including but not limited to Directors¡¯ fees,
salaries, allowances, bonuses, options, share-based incentives and awards and
benefits-in-kind;
(d) reviewing whether executive Directors, non-executive Directors and key executives
should be eligible for options, share incentives, awards and other benefits under long
term incentive schemes; and
(e) generally, perform such other functions and duties as may be required by the relevant
laws or provisions of the Catalist Rules and the Code (as may be amended from time
to time).
