CORPORATE GOVERNANCE STATEMENT
Principle 9: Disclosure on Remuneration
The directors’ fees and remuneration paid/payable by the Group and the Company are as follows:
THE GROUP
THE COMPANY
2014
2013
2014
2013
$’000
$’000
$’000
$’000
Directors’ fees
– Directors of the Company
289
260
270
240
Directors’ remuneration
– Directors of the Company
2,045
2,272
339
332
2,334
2,532
609
572
The following table shows a breakdown (in percentage terms) of the remuneration of directors for
the financial year ended 31 March 2014:
Directors’
Total
Remuneration bands
Salary Bonuses
fees
(1)
Others remuneration
%
%
%
%
%
$1,500,000 to $1,750,000
– Ow Chio Kiat
55
40
4
1
100
$250,000 to $500,000
– Ow Cheo Guan
(2)
80
8
10
2
100
Below $250,000
– Ow Yew Heng
(3)
49
27
14
10
100
– Tan Chin Nam
–
–
100
–
100
– Mark Anthony James Vaile
–
–
100
–
100
– Lim Hwee Hua
–
–
100
–
100
– Douglas Owen Chester
–
–
100
–
100
(1)
Directors’ fees are subject to shareholders’ approval at the annual general meeting.
(2)
Ow Cheo Guan is the brother of the Chairman & CEO, Ow Chio Kiat.
(3)
Ow Yew Heng is the son of the Chairman & CEO, Ow Chio Kiat.
STAMFORD LAND CORPORATION LTD
ANNUAL REPORT 2013/2014
36
