Annual report 2014
29
statement on
corporate governance
For the financial year ended 31 December 2014, a total sum of RM2,643,470 was paid to the Directors of the
Company. The breakdown of the Directors’ remuneration and the number of directors in the remuneration as
follows:
Salary and
Other
EPF &
Grand
MYR, Gross
Emoluments
Fees
Socso
Total
Datuk Kamaruddin Bin Taib
10,500
96,000
-
106,500
Loh Wee Hian
1,197,444
-
108,826 1,306,270
Kanagaraj Lorenz
480,000
-
58,220 538,220
Ng King Kau
(redesignated to NED wef 1 Jan 2015)
478,462
-
57,416 535,878
Fong Seow Kee
10,500
96,000
-
106,500
Goh Kuan Ho
(resigned wef. 3rd Mar 2015)
10,500
39,600
-
50,100
Brahmal A/L Vasudevan
-
1
-
1
Lim Sze Mei
-
1
-
1
Total
2,187,406 231,602 224,462 2,643,470
The Directors’ remuneration in aggregate, with categorisation into appropriate components, distinguishing
between Executive and Non-Executive Directors, is as follows:
Executive Non-Executive
MYR, Gross
Directors
Directors
Salaries and other emoluments
2,155,906
31,500
Directors Fees
-
231,602
EPF
224,462
-
Total
2,380,368
263,102
The number of Directors of the Company whose remuneration band falls within the following successive bands
of MYR100,000 is as follows:
Executive Non-Executive
Ranges of Remuneration (MYR, Gross)
Directors
Directors
1 – 100,000
-
3
100,001 – 200,000
-
2
500,000 – 600,000
2
-
1,300,000 – 1,400,000
1
-
Total
3
5
REINFORCE INDEPENDENCE
Board Balance and Independence
The Board comprises a mixture of Executive and Non-executive Directors from diverse professional backgrounds
with a wealth of experience, skills and expertise to meet the Group’s needs.
Although all Directors have equal responsibility for the Group’s business, the Independent Non-Executive
Directors provide an independent view, advice and judgement to take into account the interest of the Group,
shareholders, employees and communities in which the Group conducts business.
