BUILDING LANDMARKS, CHARTING GROWTH
155
Annual Report 2015
DISCLOSURE OF CORPORATE GOVERNANCE ARRANGEMENTS
Relevant Guideline or Principle
(as per Code of Governance 2012)
Page
Reference
in this
report
Our compliance
Guideline 1.3
Delegation of authority, by the Board to any board committee, to
make decisions on certain board matters
122 to 123
√
Guideline 1.4
The number of meetings of the Board and board committees held in
the year, as well as the attendance of every board member at these
meetings
123
√
Guideline 1.5
The type of material transactions that require board approval under
guidelines
124
√
Guideline 1.6
The induction, orientation and training provided to new and existing
directors
124
√
Guideline 2.3
The Board should identify in the company's Annual Report each
director it considers to be independent. Where the Board considers a
director to be independent in spite of the existence of a relationship
as stated in the Code that would otherwise deem a director not to be
independent, the nature of the director's relationship and the reasons
for considering him as independent should be disclosed
124 to 125
√
Guideline 2.4
Where the Board considers an independent director, who has
served on the Board for more than nine years from the date of his
first appointment, to be independent, the reasons for considering
him as independent should be disclosed
125
No
Guideline 3.1
Relationship between the Chairman and the CEO where they are
immediate family members
126
Not Applicable
Guideline 4.1
Names of the members of the NC and the key terms of reference of
the NC, explaining its role and the authority delegated to it by the
Board
127,
158 to 159
√
Guideline 4.4
The maximum number of listed company board representations which
directors may hold should be disclosed
128
The Board is of the view
that the maximum
number of listed company
board representation
should be based on a
person’s capacity.
Guideline 4.6
Process for the selection, appointment and re-appointment of new
directors to the Board, including the search and nomination process
128 to 129
√
Guideline 4.7
Key information regarding directors, including which directors are
executive, non-executive or considered by the NC to be independent
33 to 35
√
