Ni Hsin Berhad Annual Report 2018

Annual Report 2018 Ni Hsin Resources Berhad (653353-W) 21 PRINCIPLE A: BOARD LEADERSHIP AND EFFECTIVENESS (continued) 2 Board Composition (continued) h. NC’s Activities (continued) (c) Assessed the independence of Independent Directors and concluded that the Independent Directors are independent and have complied with the criteria of independence as set out in MMLR of Bursa Securities. (d) Assessed and was satisfied with the character, experience, integrity, competence and time commitment of Directors and Chief Financial Officer. (e) Reviewed the term of office and performance of the ARMC and each of its members and concluded that the ARMC and each of its members have carried out their duties and responsibilities. (f) Evaluated the performance of Ms Ng Shwu Ching, Datuk Tan Choon Hwa, and Encik Sofiyan Bin Yahya and recommended their re-election at the Fourteenth AGM of the Company to the Board. (g) Reviewed the Directors’ training programme for the financial year ended 31 December 2017. (h) Reviewed and recommended to the Board the Directors and Senior Management Succession Plans. (i) Reviewed and recommended to the Board the revised TOR of the NC in alignment with the MCCG and MMLR of Bursa Securities. 3 Remuneration The RC currently comprises the following members:- Sofiyan Bin Yahya (Chairman) Leow Chan Khiang (Member) Rithauddin Hussein Jamalatiff Bin Jamaluddin (Member) The RC is responsible for recommending the remuneration framework and policy as well as the remuneration package of the Executive Directors to ensure rewards commensurate with their contributions to the profit and growth of the Group. In the case of Non-Executive Directors, the level of remuneration reflects the experience and level of responsibilities undertaken. Ms Ng Shwu Ching, the Executive Director of the Group and Company, is an employee of the Group. During the financial year under review, the Group paid salaries (inclusive contributions to state plans) of RM605,000 and benefits-in-kind of approximately RM24,000 for her services. Details of the remuneration of Directors (both the Company and the Group) who served during the financial year ended 31 December 2018 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 110 - - - - Datin Ida Suzaini Binti Abdullah 36 - - - - Sofiyan Bin Yahya 60 - - - - Datuk Tan Choon Hwa 36 - - - - Leow Chan Khiang 42 - - - - Rithauddin Hussein Jamalatiff Bin Jamaluddin 36 - - - - Corporate Governance Overview Statement (continued)