annual report 2014
I
27
Statement on Corporate Governance (Cont’d)
2.
STRENGTHEN COMPOSITION (cont’d)
2.2 Board Committees (Cont’d)
Nomination Committee (Cont’d)
During the financial year ended 31 December 2014, one meeting of the Nomination Committee was held and
the following activities have been undertaken:
• Reviewed and discussed the performance and contribution of the Executive Directors;
• Reviewed and discussed the performance and contribution of the Independent Non-Executive Directors;
• Assessed the performance of the Board as a whole as well as the contribution of the respective Board
Committees; and
• Evaluated the new Directors appointed during the year, as well as the Directors that shall retire pursuant
to the Bye-Laws of the Company, and made recommendation for their election/ re-election.
The meeting was attended by all members as reflected below:
Name
Designation
Attendance
Zhu GuoHe
Chairman
1/1
Wong Yoke Nyen
Member
1/1
Woon Yeow Thong
Member
1/1
Remuneration Committee
The Remuneration Committee comprises primarily Independent Non-Executive Directors with the involvement
of one (1) Executive Director, and is primarily responsible for the following:
(a)
Establish formal and transparent remuneration policies and procedures to attract and retain Directors
(executive and non-executive) and executives (where appropriate) who will create sustainable value for
members and other stakeholders.
(b)
Fairly and responsibly reward Directors and executives (where appropriate) having regard to the
performance of the Company, the performance of the Director and/or executive and the external
compensation environment.
(c)
Other matters referred to the Committee by the Board.
The composition of the Remuneration Committee and the attendance record of its members are reflected below:
Name
Designation
Attendance
Woon Yeow Thong
Chairman
2/2
Zhu GuoHe
Member
2/2
Wong Yoke Nyen
Member
2/2
Ding PengPeng
Member
2/2
Y.Bhg Dato’ Mohamed
Nazim Bin Abdul Razak *
Member
1/1
*
Appointed to the Remuneration Committee during the financial year under review, on 22 April 2014. One
(1) meeting was held subsequent to the appointment.
