BUILDING LANDMARKS, CHARTING GROWTH
157
Annual Report 2015
Relevant Guideline or Principle
(as per Code of Governance 2012)
Page
Reference
in this
report
Our compliance
Guideline 9.4
Details of the remuneration of employees who are immediate family
members of a director or the CEO, and whose remuneration exceeds
S$50,000 during the year. This will be done on a named basis with
clear indication of the employee's relationship with the relevant
director or the CEO. Disclosure of remuneration should be in
incremental bands of S$50,000
135
Not Applicable
Guideline 9.5
Details and important terms of employee share schemes
180 to 182,
228 to 230
√
Guideline 9.6
For greater transparency, companies should disclose more
information on the link between remuneration paid to the executive
directors and key management personnel, and performance.
The annual remuneration report should set out a description of
performance conditions to which entitlement to short-term and long-
term incentive schemes are subject, an explanation on why such
performance conditions were chosen, and a statement of whether
such performance conditions are met
135
√
Guideline 11.3
The Board should comment on the adequacy and effectiveness of the
internal controls, including financial, operational, compliance and
information technology controls, and risk management systems
The commentary should include information needed by stakeholders
to make an informed assessment of the company's internal control
and risk management systems
The Board should also comment on whether it has received
assurance from the CEO and the CFO: (a) that the financial records
have been properly maintained and the financial statements give true
and fair view of the company's operations and finances; and (b)
regarding the effectiveness of the company's risk management and
internal control systems
139
√
Guideline 12.1
Names of the members of the AC and the key terms of reference of the
AC, explaining its role and the authority delegated to it by the Board
139,
158 to 159
√
Guideline 12.6
Aggregate amount of fees paid to the external auditors for that
financial year, and breakdown of fees paid in total for audit and non-
audit services respectively, or an appropriate negative statement
140
√
Guideline 12.7
The existence of a whistle-blowing policy should be disclosed in the
company's Annual Report
140 to 141
√
Guideline 12.8
Summary of the AC's activities and measures taken to keep abreast
of changes to accounting standards and issues which have a direct
impact on financial statements
141
√
Guideline 15.4
The steps the Board has taken to solicit and understand the views of
the shareholders e.g. through analyst briefings, investor roadshows or
Investors' Day briefings
143
√
Guideline 15.5
Where dividends are not paid, companies should disclose their reasons
143
A dividend has been
declared for the financial
period under review.
