37
NOTES TO THE FINANCIAL STATEMENTS
for the financial year ended 31 March 2016
2015/2016 ANNUAL REPORT
The NC reviewed the evaluation and assessment criteria in FY2016, whereupon the same was
updated to ensure that it is up to date and meets the requirements of the Board and the 2012 Code.
The criteria allows the Board to make comparisons with industry peers and its own performance for
preceding years.
Based on the evaluation and assessment carried out by the NC on the Board and each Director for
FY2016, it is the Board’s collective view that the Board and the Board Committees have operated
effectively and each Director is contributing to the overall effectiveness of the Board.
Principle 6: Access to Information
To enable the Board to fulfil its responsibilities, it is provided with accurate, complete and timely
information facilitated by the Company Secretary.
Board activities are scheduled prior to the commencement of each year. The Company Secretary
attends all Board meetings, ensures that Board procedures are complied with, and provides advice
and guidance on corporate governance, legal and regulatory compliance matters. Under the direction
of the Chairman (and where relevant the chairpersons of each Board Committee), the Company
Secretary facilitates and acts as a channel of communication between management and members of
the Board, thereby ensuring a smooth flow of information.
Members of the Board have direct and unrestricted access to management and the Company
Secretary. Members of management are invited to attend both Board and Board Committee meetings
as and when required to facilitate discussions on the issues deliberated on and to respond and clarify
any queries the Board may have. The Board is updated on the business and projects undertaken by
the Group.
Notwithstanding the above, a director or as a group, may seek professional advice in furtherance of
their duties and the costs will be borne by the Company.
C RPORA E GOVER ANCE STATEMENT
for
