34
HAW PAR CORPORATION LIMITED
CO R P O R AT E GOV E R NAN C E R E P O R T
(CONTINUED)
The Board held four meetings during the year. Directors can attend Board and Board Committee meetings by telephone
conference if they are unable to attend in person. The attendance of Directors at Annual General Meeting (AGM), Board
and Board Committee meetings held in the financial year ended 31 December 2015 is as follows:
Table 1:
Number of meetings attended in FY 2015
Name
Board Audit
Committee
Nominating
Committee
Remuneration
Committee
Investment
Committee AGM
Wee Cho Yaw
(Non-executive / Non-independent)
4
(2)
N/A
1
1
6
(2)
1
Wee Ee Lim
(1)
(Executive / Non-independent)
4
4
N/A
1
6
1
Sat Pal Khattar
(Non-executive / Independent)
4
N/A
1
(2)
1
(2)
N/A
1
Chew Kia Ngee
(Non-executive / Independent)
4
4
(2)
N/A
N/A
N/A
1
Hwang Soo Jin
(Non-executive / Independent)
4
4
N/A
1
N/A
1
Lee Suan Yew
(Non-executive / Independent)
4
1
(3)
1
N/A
N/A
1
Wee Ee-chao
(Non-executive / Non-independent)
3
N/A
N/A
N/A
N/A
1
Peter Sim Swee Yam
(5)
(Non-executive / Independent)
4
N/A
N/A
N/A
N/A
1
Gn Hiang Meng
(Non-executive / Independent)
4
3
(4)
N/A
N/A
N/A
1
Han Ah Kuan
(Executive / Non-independent)
4
N/A
N/A
N/A
6
1
Number of meetings held in FY2015 4
4
1
1
6
1
Notes:
(1) Mr Wee Ee Lim was in attendance to provide management’s perspective at the meetings of the Audit and Remuneration Committees
although he is not a member of either Board Committee.
(2) Denotes chairman of the Board / Board Committee.
(3) Dr Lee Suan Yew stepped down as a member of Audit Committee on 28 April 2015.
(4) Mr Gn Hiang Meng was appointed a member of Audit Committee on 28 April 2015.
(5) Mr Peter Sim was appointed a member of Nominating Committee on 28 April 2015.
Directors are appointed by way of formal letters of appointment which set out their duties and obligations. The Company
has an orientation programme for newly appointed Directors. The programme is tailored according to the profile and
experience of new directors. It includes training in areas such as operational knowledge or accounting updates, duties as
directors and how to discharge those duties as well as meetings with key personnel to understand the Group’s businesses,
governance practices, strategic plans and objectives. Site visits are conducted as needed. The Company encourages
directors to keep abreast of relevant new laws, regulations, changing commercial risks from time to time and arranges
and funds the training of Directors to attend external courses and talks by professional organisations if needed. Directors
are continuously updated on developments in the regulatory and business environment affecting the Group, through the
Company Secretary and auditors (both internal and external). During the year, the Company has arranged for external
lawyers to brief the Directors on the key highlights of new regulations including Companies (Amendment) Act 2014.
