Page 27 - ar2012

23 Annual Report 2012
Corporate Governance Report
On 24 September 2009, the Company entered into separate service agreements with Mr Ben Tan Chee Beng,
Mr Alvin Tan Chee Tiong and Ms Melanie Tan Bee Bee in relation to their appointment as Chairman, CEO and
Executive Director respectively. The service agreements are valid for an initial period of three years from the
date the Company is admitted to the Offcial List of Catalist, being 8 October 2009, and thereafter shall be
renewed annually on such terms and conditions as may be mutually agreed between the parties.
9. Disclosure on Remuneration
Principle 9: Clear disclosure on remuneration policy, level and mix of remuneration
The details of the remuneration packages of the Directors and key executive offcers for FY2012 are as follows:
Remuneration of Directors
Directors
Salary
%
Variable or
Performance-related
Income/Bonus
%
Fees
%
Other Benefts
%
Total
%
$1,000,000 to below $1,250,000
Ben Tan Chee Beng 45 55 - - 100
Alvin Tan Chee Tiong 45 55 - - 100
$750,000 to below $1,000,000
Melanie Tan Bee Bee 41 59 - - 100
Below $250,000
Dr Wu Chiaw Ching - - 100 - 100
Wong Ming Kwong - - 100 - 100
Raymond Lye Hoong Yip - - 100 - 100
Remuneration of key executive offcers
The top fve key executives of the Group (excluding CEO in the above table) in each remuneration band are:
Key Executives
Salary
%
Variable or
Performance-related
Income/Bonus
%
Fees
%
Other Benefts
%
Total
%
Below $250,000
Koh Chin Kim 77 23 - - 100
Mindy Tan 77 23 - - 100
Kenneth Hor Swee Liang 100 - - - 100
Rajesh Kannaya Nainani 81 19 - - 100
Jennifer Galon Teologo 86 14 - - 100
In the above table, Mdm Koh Chin Kim is the mother, and Ms Mindy Tan is the sister, of the Executive Directors,
Mr Ben Tan Chee Beng, Mr Alvin Tan Chee Tiong and Ms Melanie Tan Bee Bee.
Save for the above-mentioned, none of the employees who are immediate family members of a Director or the
CEO received remuneration exceeding S$150,000 during FY2012.
The Company does not have any employee share option scheme.