34
STAMFORD LAND CORPORATION LTD
CORPORATE GOVERNANCE STATEMENT
2.
REMUNERATION MATTERS
Principle 7: Procedures for Developing Remuneration Policies
Principle 8: Level and Mix of Remuneration
Principle 9: Disclosure on Remuneration
Remuneration Committee
The Board believes in adopting a formal and transparent procedure for fixing the remuneration
packages of the directors and key management personnel so as to ensure that the level of remuneration
is appropriate to attract, retain and motivate the directors and key management personnel needed to
run the Group’s businesses successfully.
In recommending to the Board the remuneration policy to be adopted, together with the level and
mix of remuneration of directors and senior managers, the RC’s objective is to draw, build, motivate
and retain high performing directors and senior managers, to ensure that the Group’s businesses grow
sustainably, efficiently and profitably.
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Mark Anthony James Vaile
Chairman
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Stanley Lai Tze Chang
Member
The RC’s principal function, as guided by its terms of reference, is as follows:
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Directors and key management personnel.
