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STAMFORD LAND CORPORATION LTD
CORPORATE GOVERNANCE STATEMENT
External Auditors
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As part of ongoing good corporate governance initiative, the Board, with the recommendation of
the ARMC, is of the view that it would be timely to effect a change of auditors with effect from the
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accordingly not be invited to seek re-appointment at the forthcoming AGM to be held on 28 July 2016.
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auditors of the Company, pursuant to the ARMC’s recommendations, following the ARMC’s invitation
and evaluation of competitive proposals from various established audit firms. The Board and ARMC, in
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and complexity of the Group, and the number and experience of supervisory and professional staff
assigned to the audit of the Group.
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of the Listing Manual has been complied with. For further details, please refer to the Appendix to the
Notice of AGM dated 12 July 2016.
The Company confirms that it has in FY2016 and all preceding years complied with Rules 712 and 715
(read with Rule 716) of the Listing Manual in relation to its audit firms.
Meeting with Internal and External Auditors
Formal procedures are in place for the internal and external auditors to report their findings and
recommendations to management and ARMC. The internal and external auditors are also granted
unrestricted access to the ARMC. In addition, the ARMC also meets with the internal and external
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