| ANNUAL REPORT 2015
66
Board Remuneration Policies and Procedures
The objective of the Company’s policy on Directors’ remuneration is to ensure the level of remuneration is sufficient to attract and
retain high calibre Directors to run the Group successfully. For Non-Executive Directors, the level of remuneration reflects the levels
of experience, expertise and responsibilities undertaken by the individual Director concerned.
Directors’ fees are paid to Executive and Non-Executive Directors upon approval granted by the shareholders at AGMs. Apart from
it, Non-Executive Directors are paid attendance allowance for each Board and/or Committee Meeting they attended. Executive
Directors are not entitled to attendance allowance. Due to the sensitivity of the remuneration information, the detail disclosure of
each Director’s remuneration is not provided in this Annual Report.
The aggregate remuneration of the Directors is categorised into appropriate components as follows:
Category
Fees
RM’000
Salaries
RM’000
Bonuses
RM’000
Other
Emoluments
RM’000
Total
RM’000
Executive Directors*
2,074
2,532
3,870
1,738
10,214
Non-Executive Directors
180
-
-
-
180
*Inclusive of remuneration paid by the subsidiary companies
The Directors’ remuneration is broadly categorised into the following bands:
Range of Remuneration
Executive Director
Non-Executive Director
RM50,001 to RM100,000
-
3
RM200,001 to RM250,000
1
-
RM1,000,001 to RM1,050,000
1
-
RM1,050,001 to RM1,150,000
1
-
RM1,150,001 to RM1,200,000
1
-
RM1,200,001 to RM1,250,000
1
-
RM1,250,001 to RM1,300,000
1
-
RM4,250,001 to RM4,300,000
1
-
INVESTOR RELATIONS AND SHAREHOLDER COMMUNICATIONS
Corporate Disclosure
The Company recognises the importance of keeping its shareholders, investors and stakeholders informed of the Group’s
performance and corporate developments. The Board maintains a high level of transparency and accountability in its disclosure
procedure by observing the corporate disclosure framework under Bursa Malaysia Securities Berhad Main Market Listing
Requirements and other regulatory bodies to provide timely andmaterial information of the Group to the public at large to facilitate
their decision-making process. The Board also refers to the“Corporate Disclosure Guide”issued by Bursa Malaysia Securities Berhad
to address the gaps (if any) and to enhance the quality of its disclosure practices.
Pertinent and updated information of the Group is disseminated vide media conferences, press releases, corporate reports,
circulars and announcements from time to time. The Board also leverages on its website
to provide quick access to
information on the Group to its stakeholders. Alternatively, the Group’s latest announcements on financial reports and corporate
developments can be retrieved from the Bursa Malaysia Securities Berhad’s website at
STATEMENT ON CORPORATE GOVERNANCE
