BUILDING LANDMARKS, CHARTING GROWTH
183
Annual Report 2015
AUDIT COMMITTEE
(continued)
The ARC has full access to management and is given the resources required for it to discharge its functions. It has full authority
and the discretion to invite any director or executive officer to attend its meetings. The ARC also recommends the appointment
and re-appointment of the external auditors and reviews the level of audit and non-audit fees.
The ARC has conducted an annual review of the non-audit services provided by KPMG LLP and is satisfied that such services
did not affect their independence as external auditors of the Company.
The ARC has recommended to the Board of Directors that the auditors, KPMG LLP, be nominated for re-appointment as
auditors at the forthcoming Annual General Meeting of the Company.
AUDITORS
At the Annual General Meeting held on 21 October 2014, KPMG LLP was appointed in place of Ernst & Young LLP as
auditors of the Company on the completion of the proposed initial acquisition (as defined in the Company’s circular dated
18 September 2014).
The auditors, KPMG LLP, have indicated their willingness to accept re-appointment.
On behalf of the Board of Directors
Kuok Khoon Hong
Director
Pua Seck Guan
Director
8 March 2016
DIRECTORS’ STATEMENT
