SCC Holdings Berhad Annual Report 2017

SCC Holdings Berhad (511477-A) | Annual Report 2017 13 PRINCIPLE A – BOARD LEADERSHIP AND EFFECTIVENESSS (CONT’D) V. Board Remuneration (cont’d) The details of the aggregate remuneration of the Directors of the Company (comprising remuneration received and/or receivable from the Company and its subsidiaries) during the FYE 2017 are categorised as follows: Executive Directors RM ‘000 Non-Executive Directors RM ‘000 Total RM ‘000 Salaries and other emoluments 1,806 - 1,806 Directors’ fee - 72 72 Bonuses 630 - 630 EPF (Employer) 195 - 195 Benefit in kind 93 - 93 TOTAL 2,724 72 2,796 Directors’ remuneration analysed into bands of RM50,000 is as follows :- Band of Remuneration No. of Directors Executive Directors Non-Executive Directors Total Below RM50,000 - 3 3 RM50,001 – RM100,000 - - - RM100,001 – RM150,000 - - - RM150,001 – RM200,000 - - - RM200,001 – RM250,000 - - - RM250,001 – RM300,000 - - - RM300,001 – RM350,000 - - - RM350,001 – RM400,000 - - - RM400,001 – RM450,000 - - - RM450,001 – RM500,000 2 - 2 RM500,001 – RM550,000 2 - 2 RM550,001 – RM600,000 - - - RM600,001 – RM650,000 - - - RM650,001 – RM700,000 1 - 1 TOTAL 5 3 8 Note :- The above mentioned Directors’ remuneration is the total sum of the remuneration received by the Directors from the Company and its subsidiaries. The Board chose to disclose the remuneration bands pursuant to the AMLR of Bursa Securities and is of the opinion that detailed disclosure of individual Director’s remuneration will not add significantly to the understanding and evaluation of the Group’s governance. PRINCIPLE B – EFFECTIVE AUDIT AND RISK MANAGEMENT I. Audit Committee The Audit Committee of the Company (“AC”) comprises three (3) INEDs. The Chairman of the AC, Dato’ Dr. Choong Tuck Yew is a member of the Malaysian Institute of Accountants and the rest of the members are financially literate, possess the appropriate levels of expertise and experience. CORPORATE GOVERNANCE OVERVIEW STATEMENT (CONT’D)