Ni Hsin Berhad Annual Report 2017

Annual Report 2017 Ni Hsin Resources Berhad (653353-W) 21 PRINCIPLE A: BOARD LEADERSHIP AND EFFECTIVENESS (continued) 3 Remuneration (continued) Details of the remuneration of Directors (both the Company and the Group) who served during the financial year ended 31 December 2017 are as follows: The Group Name Fees (RM’000) Meeting Allowance (RM’000) Salaries (RM’000) Bonus (RM’000) Other emoluments (RM’000) Rizvi Bin Abdul Halim 54 - - - - Datin Ida Suzaini Binti Abdullah 42 - - - - Sofiyan Bin Yahya 5 - - - - Datuk Tan Choon Hwa 36 - - - - Md Nazir Bin Md Kassim 6 - - - - Leow Chan Khiang 42 - - - - Rithauddin Hussein Jamalatiff Bin Jamaluddin 30 - - - - The Company Name Fees (RM’000) Meeting Allowance (RM’000) Salaries (RM’000) Bonus (RM’000) Other emoluments (RM’000) Rizvi Bin Abdul Halim 54 - - - - Datin Ida Suzaini Binti Abdullah 42 - - - - Sofiyan Bin Yahya 5 - - - - Datuk Tan Choon Hwa 36 - - - - Md Nazir Bin Md Kassim 6 - - - - Leow Chan Khiang 42 - - - - Rithauddin Hussein Jamalatiff Bin Jamaluddin 30 - - - - There is no separate disclosure on the remuneration of the Senior Management as the Executive Directors are the Senior Management and have been disclosed as above. PRINCIPAL B: EFFECTIVE AUDIT AND RISK MANAGEMENT 1 ARMC The ARMC comprises three (3) Independent Non-Executive Directors. The Chairman of the ARMC is an Independent Non- Executive Director. The ARMC assesses the performance (including independence) and recommends to the Board annually the appointment or re-appointment of the external auditors guided by the factors as prescribed under Paragraph 15.21 of the MMLR. The NC reviews the composition of the ARMC annually and recommends to the Board for approval ensuring that only Independent Non-Executive Directors who are financially literate and have the required knowledge, skill and experience are considered for membership on ARMC. Corporate Governance Overview Statement (continued)