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Annual Report 2013
BOARD MEMBERSHIP
Principle 4
Recommendations for nominations of new directors and retirement of directors are made by the Nominating Committee (“NC”)
and considered by the Board as a whole.
The NC reviews and assesses candidates for directorship before making recommendations to the Board. The NC takes into
consideration the skills and experience required and the existing composition of the Board and strives to ensure that the Board
has an appropriate balance of independent directors as well as directors with the right profile of expertise, skills, attributes and
abilities when recommending new directors to the Board.
The process for the appointment of new directors begins with the NC, together with the Chairman and President cum Vice
Chairman of the Company, conducting a needs analysis and identifying the critical requirement in terms of expertise and skills
that are needed in the context of the strengths and weaknesses of the existing Board. When a candidate has been endorsed by
the NC, the NC will then make a recommendation to the Board for the approval of his appointment.
The NC assesses and recommends to the Board whether retiring directors are suitable for re-nomination for re-election. In
evaluating a director’s contribution and performance for the purpose of re-nomination, the NC takes into consideration a variety
of factors such as attendance, preparedness, participation and candour.
In accordance with the provisions of the Articles, one-third of the Directors retire by rotation and subject themselves to re-
election at every Annual General Meeting (“AGM”) of the Company. In addition, new directors who were appointed by the Board
during the year will hold office only until the next AGM and will be eligible for re-election.
The dates of initial appointment and last re-election/re-appointment of each of the Directors of the current Board are set out
below:
Director
Position
Date of Initial
Appointment
Date of Last
Re-election
/ Re-appointment
Li Yun Peng
Chairman and Non-Independent and Non-Executive
30.9.2013
NA
Wu Zi Heng
Vice Chairman, President and Non-Independent Executive
5.11.2011
20.4.2012
Liu Lian An
Non-Independent and Executive
20.2.2012
20.4.2012
Wang Yu Hang
Non-Independent and Non-Executive
14.7.2011
20.4.2012
Wang Hai Min
Non-Independent and Non-Executive
2.8.2010
22.4.2013
Ma Zhi Hong
Non-Independent and Non-Executive
2.8.2010
22.4.2013
Tom Yee Lat Shing
Non-Executive Lead Independent
16.11.1993
22.4.2013
Wang Kai Yuen
Non-Executive Independent
2.5.2001
20.4.2011
Er Kwong Wah
Non-Executive Independent
20.12.2002
20.4.2012
Ang Swee Tian
Non-Executive Independent
13.11.2007
22.4.2013
Ma Hong Han
Alternate to Ma Zhi Hong
2.10.2012
NA
Li Man
Alternate to Li Yun Peng
30.9.2013
NA
Ouyang Chao Mei
Alternate to Wang Yu Hang
25.1.2013
NA
Note: NA - Not Applicable
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