CORPORATE GOVERNANCE STATEMENT
(CONT’D)
Principle 4: Foster commitment
Time commitment of directors
The Board meets at least four times a year to review and approve the quarterly and year end financial results.
Additional meetings are convened as necessary, when there are urgent and important matters that require the
Board’s deliberation. Board members may also be nominated to serve on Board Committees which hold their
own meetings. Directors and Board Committee members are furnished with papers, reports and material relevant
to the issues to be discussed prior to the meetings and are expected to review such material beforehand so that
meaningful discussion can take place during meetings. This expectation of time commitment is communicated
to new Board members before they are appointed. Directors should also notify the Chairman before accepting
any new directorship in other listed companies to assess whether they will be able to devote sufficient time to
the Company.
During the financial year ended 31 December 2014, there were four (4) Board meetings held. The commitment
of the Directors in carrying out their duties is reflected in full attendance of most of the Directors at Board
meetings held during the financial year as shown below:-
Name of Director
Designation
Attendance
Chuah Choon Bin
Executive Chairman
4/4
Tan Boon Teik
Executive Director
4/4
Gan Pei Joo
(appointed on 1 March 2014)
Finance Executive Director
3/3
Loh Nam Hooi
Independent Non-Executive Director
4/4
Leng Kean Yong
(appointed on 1 August 2014)
Independent Non-Executive Director
1/1
Sim Seng Loong @ Tai Seng
(appointed on 1 August 2014)
Independent Non-Executive Director
1/1
Dr. Ooi Hun Pin
(resigned on 30 November 2014)
Independent Non-Executive Director
4/4
Dato’ Seri Kiew Kwong Sen
(resigned on 1 December 2014)
Independent Non-Executive Director
3/4
Dato’ Dr. Zainuddin Bin Md. Wazir
(resigned on 10 February 2015)
Non-Independent Non-Executive Director
2/4
Continuing education programmes
All Directors have completed the Mandatory Accreditation Programme prescribed by the Bursa Malaysia
Securities Berhad (“Bursa Securities”). The Directors recognise the need to continue to undergo relevant training
programmes to update their knowledge and enhance their skills where relevant to enable them to sustain their
active participation as a Board member.
During the financial year ended 31 December 2014, the current Directors of the Company had either attended
an in-house training programme, seminar or conference organised externally. The programmes attended by the
current Directors during the year, include the following:-
•
Pentamaster Corporation Berhad
(572307-U)
Annual Report 2014
17
