Old Chang Kee Ltd - Annual Report 2016 - page 44

A N N U A L R E P O R T 2 0 1 6 42
CORPORATE
GOVERNANCE
Guideline Code and/or Guide Description Company’s Compliance or Explanation
Disclosure on Remuneration
9 Wha t i s t he Company ’s
remuneration policy?
The RC will review at least annually all aspects of remuneration, including Directors’
fees, salaries, allowances, bonuses and benefits-in-kind to ensure that the remuneration
packages are appropriate to attract, retain and motivate the Directors to provide good
stewardship of the Company, key executives to successfully manage the Company and
employees capable of meeting the Company’s objectives and that the remuneration
commensurate to such person’s duties and responsibilities.
9.1
9.2
Has the Company disclosed
each Director’s and the CEO’s
remuneration as well as a
breakdown (in percentage or
dollar terms) into base/fixed salary,
variable or performance-related
income/bonuses, benefits in kind,
stock options granted, share-based
incentives and awards, and other
long-term incentives? If not, what
are the reasons for not disclosing
so?
The breakdown for the remuneration of the Directors for FY2016 is as follows:
Name
Fixed
remuneration
(%)
Performance
Bonus (%)
Directors
Fees (%)
Benefits-
in-kind
(%)
Total
(%)
Band VI: Between
S$1,250,001 and
S$1,500,000
Han Keen Juan 57 41 – 2 100
Band V: Between
S$1,000,001 and
S$1,250,000
Lim Tao-E William 57 41 – 2 100
Band III: Between
S$500,001 and
S$750,000
Chow Hui Shien 46 52 – 2 100
Band I: Below
S$250,000
Ong Chin Lin – – 100 – 100
Audrey Yap Su Ming – – 100 – 100
Zainudin Bin Nordin – – 100 – 100