182
PERENNIAL REAL ESTATE HOLDINGS LIMITED
Annual Report 2015
SHARE OPTIONS
(continued)
The information on directors participating in the Perennial ESOS 2014 is as follows:
Aggregate
Aggregate
Aggregate
options
options
options
Aggregate granted since exercised since lapsed since
Aggregate
options commencement commencement commencement
options
granted during of the option of the option of the option
outstanding
the financial
scheme to
scheme to
scheme to
as at
Name of directors
period
31/12/2015
31/12/2015
31/12/2015
31/12/2015
’000
’000
’000
’000
’000
Chua Phuay Hee
500
500
–
–
500
Eugene Paul Lai Chin Look
500
500
–
–
500
Lee Suan Hiang
500
500
–
–
500
Pua Seck Guan
5,100
5,100
–
–
5,100
Total
6,600
6,600
–
–
6,600
AUDIT COMMITTEE
The Audit and Risk Committee (“ARC”) comprises four independent directors. The members of the ARC during the period and
at the date of this statement are:
Ooi Eng Peng (Chairman)
(Appointed as Member on 28 July 2015)
(Appointed as Chairman on 5 February 2016)
Chua Phuay Hee
(Appointed as Chairman on 28 October 2014)
(Stepped down as Chairman and remains as Member with effect from 5 February 2016)
Eugene Paul Lai Chin Look (Appointed as Member on 28 October 2014)
Lee Suan Hiang
(Appointed as Member on 28 October 2014)
The ARC carried out its functions in accordance with Section 201B(5) of the Act, the SGX Listing Manual and the Code of
Corporate Governance 2012.
The ARC has held four meetings since the completion of the proposed initial acquisition (as defined in the Company’s circular
dated 18 September 2014). In performing its functions, the Audit Committee has met with the Company’s external and
internal auditors.
The ARC also reviewed the following:
• annual audit plans and scope of work of the internal and external auditors;
• results of the internal and external audit procedures;
• evaluation of the Group’s internal accounting control system;
• quarterly financial information and annual financial statements of the Group and the Company prior to their submission to
the directors of the Company for adoption; and
• interested person transactions (as defined in Chapter 9 of the SGX Listing Manual).
DIRECTORS’ STATEMENT
