128
128
SINGAPORE SHIPPING CORPORATION LIMITED
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2016
27. SIGNIFICANT RELATED PARTY TRANSACTIONS
(a) Key management personnel compensation
Compensation paid and payable to the key management personnel are as follows:
The Group
2016
US$’000
2015
US$’000
Directors of the Company
Directors fees
159
139
Short-term employee benefits
2,090
1,637
Post-employment benefits –
contributions to defined contribution plans
20
20
2,269
1,796
Senior management team
Fees paid to other directors of subsidiaries
5
4
Short-term employee benefits
941
909
Post-employment benefits –
contributions to defined contribution plans
43
42
Share-based payment
82
–
1,071
955
Total
3,340
2,751
