Annual Report
2015
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DAYANG ENTERPRISE HOLDINGS BHD
(712243-U)
33
The Committee is also responsible to review the performance of the Directors, Directors retiring by rotation and
seeking re-election at the forthcoming Annual General Meeting. The Committee also assesses the effectiveness
of the Board as a whole, the Board Committees and the contribution of each individual Director on an annual
basis.
The Committee is also responsible to recommend the remuneration packages for the Executive Directors of the
Company to the Board. The Board recommends the remuneration of the Non-Executive Directors for approval
of shareholders at the Annual General Meeting. Interested directors shall abstain from deliberation in respect of
their remuneration.
The Committee would conduct an annual review of the composition of the Board and makes recommendations
to the Board accordingly with a view of meeting the current and future requirements of the Group. Among
other evaluation criteria is the commitment displayed, the depth of contribution, ability to communicate and
undertake assignments on behalf of the Board.
The Joint Remuneration & Nomination Committee meets as and when required and at least once a year.
During the year under review the Joint Remuneration & Nomination Committee met three times to carry out its
responsibilities and the attendance of the members for the meetings held are as follows:-
Name
Attendance
Encik Polit Bin Hamzah
2/3
Mr Chia Chu Fatt
3/3
Tuan Haji Abdul Aziz Bin Ishak
2/3
Mr Koh Ek Chong
3/3
A summary of key activities undertaken by the Committee in the discharge of its duties for the financial year
ended 31 December 2015 is set out as follows:
a) Reviewed the Directors who were due for re-election by rotation and re-appointment,
b) Reviewed Board’s representation and the required mix of skills and experience and other qualities of the
Board;
c) Reviewed the composition of the Committees on their compliance with the provisions of the regulations;
d) Reviewed the independence of the Independent Directors and their tenure of service.
Corporate Social Responsibility Committee
The responsibilities of the Committee are as follows:
-
To develop and implement the Group’s Corporate Social Responsibility framework;
-
To incorporate environmentally friendly practices whilst carrying out our operations;
-
To establish culture socially responsible behaviors among management and employees;
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To create opportunities for the Group to participate in the development of a caring and harmonious
community and
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Benchmarking corporate governance to best practices to look after the interests of minority shareholders.
Statement on
Corporate Governance
(cont’d)
