HAW PAR CORPORATION LIMITED
48
AUDIT COMMITTEE
The Audit Committee comprises three members, all of whom are independent non-executive Directors. The members of
the Audit Committee are as follows:
Chew Kia Ngee (Chairman)
Hwang Soo Jin
Lee Suan Yew
In accordance with Section 201B(5) of the Companies Act, the Audit Committee has reviewed with the Company’s internal
auditors their audit plan and the scope and results of their internal audit procedures. The Committee has also reviewed with
the Company’s independent auditor, PricewaterhouseCoopers LLP, their audit plan, their evaluation of the system of internal
accounting controls, their audit report on the statement of financial position of the Company and the consolidated financial
statements of the Group for the financial year ended 31 December 2014 and the assistance given by the management
of the Group to them. The statement of financial position of the Company and the consolidated financial statements of
the Group, as well as the independent auditor’s report on the same, have been reviewed by the Committee prior to their
submission to the Board of Directors.
The Committee has recommended to the Board of Directors the re-appointment of PricewaterhouseCoopers LLP as
independent auditor of the Company, at the forthcoming Annual General Meeting of the Company.
INDEPENDENT AUDITOR
PricewaterhouseCoopers LLP has expressed its willingness to accept re-appointment as independent auditor of the Company
and a resolution proposing its re-appointment will be submitted at the forthcoming Annual General Meeting.
On behalf of the Directors
Wee Cho Yaw
Chairman
Wee Ee Lim
President & Chief Executive Officer
Singapore,
27 February 2015
DIRECTORS’ REPORT
(CONTINUED)
For the financial year ended 31 December 2014
