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Food Empire Holdings Limited Annual Report 2013
38
A) BOARD MATTERS (cont’d)
- Principle 1: Effective Board to lead and control the Company (cont’d)
The attendance of the Directors at meetings of the Board and Board Committees in FY2013 as well as the frequency of these meetings, are
disclosed as follows:-
Meeting
Board
Audit Committee
Nominating Committee Remuneration Committee
Tan Wang Cheow
4/4
N/A
1/1
N/A
Ong Kian Min
4/4
4/4
1/1
3/3
Lew Syn Pau
4/4
4/4
1/1
3/3
Tan Guek Ming
4/4
4/4
N/A
3/3
Sudeep Nair
4/4
N/A
N/A
N/A
Boon Yoon Chiang
4/4
4/4
1/1
3/3
Hartono Gunawan
2/4
N/A
N/A
N/A
Koh Yew Hiap
4/4
N/A
N/A
2/3
The Directors are appointed based on the strength of their experience and potential to contribute to the Company. The current Board
comprises business leaders and professionals. Profiles of the Directors can be found in pages 26 to 27 of this annual report. The
management monitors changes to regulations and accounting standards and the Directors are briefed on the new updates in the
requirements of the Singapore Exchange Securities Trading Limited (“SGX-ST”), the Companies Act, Chapter 50 or other regulations/
statutory requirements from time to time by the management. If required, the Directors will receive further training. The Company is
responsible for arranging and funding the training of Directors.
The Company has adopted a policy that Directors are welcome to request further explanations, briefings or informal discussions on any
aspects of the Group’s operations or business issues from management. The Non-executive Directors are briefed and updated on major
developments and the progress of the Group at the Board meetings.
B) BOARD COMPOSITION AND GUIDANCE
- Principle 2: Strong and independent element of the Board
As at the date of this report, the Board comprises eight Directors, three of whom are independent. The Board composition is as follows:-
Mr. Tan Wang Cheow
Executive Chairman
Mr. Sudeep Nair
Chief Executive Officer (“CEO”)
Mdm. Tan Guek Ming
Non-executive Director
Mr. Hartono Gunawan
Non-executive Director
Mr. Koh Yew Hiap
Non-executive Director
Mr. Lew Syn Pau
Independent Non-executive Director
Mr. Ong Kian Min
Independent Non-executive Director
Mr. Boon Yoon Chiang
Independent Non-executive Director
corporate governance