Datasonic Group Berhad Annual Report 2016

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Datasonic Group Berhad (Company No. 809759-X) 33
STATEMENT ON CORPORATE GOVERNANCE
(Continued)
2. STRENGTHEN COMPOSITION (CONT’D)
2.3 Remuneration policies and procedures (cont’d)
The Terms of Reference of the Remuneration Committee is available for reference on the
Company’s website at
The remuneration packages of the Executive Directors are structured based on their experience,
responsibilities and performance. The Remuneration Committee reviewed the salary increment
and bonuses for the Managing Director, Deputy Managing Director, Executive Directors as well
as the key management personnel based on their respective responsibilities, performance, and
the business performance of the Group in terms of profit contributions.
The remuneration of Non-Executive Directors is by way of fixed annual fees, based on the
recommendation by the Board and to be approved by the shareholders in the Annual
General Meeting. The level of remuneration reflects the experience and level of responsibilities
undertaken by each Non-Executive Director. The Directors concerned do not participate in the
deliberation and decision in respect of their individual remuneration. They are also reimbursed
reasonable expenses incurred in the course of carrying out their duties on behalf of the Group,
if applicable. In addition, the Non-Executive Directors are also paid meeting allowances based
on their attendance at the Board and Board Committees meetings to defray their expenses in
preparation and attending such meetings.
The aggregate amounts of emoluments received and receivable by Directors of the Company
and the subsidiary companies for the financial year ended 31 March 2016 are as follows:-
Executive Non-Executive
Directors Directors
(RM’000) (RM’000)
Emoluments 5,565 –
Fees and allowances
- Company – 573
- Subsidiary companies – 168
Details of Directors’ emoluments of the Company and the subsidiary companies received/
receivable for the financial year in bands of RM50,000 are as follows:-
Executive Non-Executive
Directors Directors
Below RM50,000 – 3
RM50,001 to RM100,000 – 6
RM100,001 to RM150,000 2 –
RM150,001 to RM200,000 1 1
RM200,001 to RM250,000 7 –
RM250,001 to RM300,000 1 –
RM300,001 to RM350,000 1 –
RM350,001 to RM400,000 1 –
RM400,001 to RM450,000 2 –
RM650,001 to RM700,000 1 –
RM750,001 to RM800,000 1 –
Total 17 10