CORPORATE GOVERNANCE STATEMENT
The Board currently holds at least four scheduled meetings each year to review and deliberate
on the key activities and business strategies of the Group, including significant acquisitions and
disposals, financial performance and to endorse the release of the quarterly and annual results.
Where necessary, additional meetings are held to address significant transactions or issues arising
from the business operations of the Group.
The frequency of Board, Audit and Risk Management Committee, Nominating Committee and
Remuneration Committee meetings held during the financial year and the attendance at those
meetings are set out below:
Number of meetings attended during the
financial year ended 31 March 2014
Audit
and Risk
Board of Management Nominating Remuneration
Name of Director
Directors
Committee Committee
Committee
Ow Chio Kiat
(Executive Chairman and Executive Director)
4
#4
1
NA
Ow Cheo Guan
(Executive Deputy Chairman and Executive Director)
4
#4
NA
NA
Ow Yew Heng
(Executive Director)
4
#4
NA
NA
Tan Chin Nam
(Independent and Non-executive Director)
4
4
NA
1
Mark Anthony James Vaile
(Independent and Non-executive Director)
4
4
1
1
Lim Hwee Hua
(Lead Independent and Non-executive Director)
3
3
1
1
Douglas Owen Chester
(1)
(Independent and Non-executive Director)
3
3
NA
NA
Number of meetings held
4
4
1
1
#
By Invitation
NA
Not applicable
Note:
(1)
Appointed on 25 July 2013
Matters requiring the Board’s approval
The following is a list of key matters that require the Board’s approval:
• quarterly and full year results announcements;
• annual report and accounts;
• declaration of dividends;
• strategic plans; and
• major acquisitions / disposals.
STAMFORD LAND CORPORATION LTD
ANNUAL REPORT 2013/2014
30
