CORPORATE GOVERNANCE REPORT
The dates of appointment and directorships of the Directors in other listed companies are set out below:
Name of Director
Date of Initial
Appointment
Date of Last
Re-election
Directorships in Other Listed Companies
Present
Last Three Years
Ng Cheng Lian
12 December 2012 27 October 2014
Nil
Nil
Koh Thong Huat
12 December 2012 27 October 2015
Nil
Nil
Foo Joon Lye
12 December 2012 28 October 2013
Nil
Nil
Tan Eng Ann
7 June 2013
27 October 2014 • Hiap Tong
Corporation Ltd.
• SingAsia Holdings
Limited*
• GCCP Resources
Limited
• Chiwayland
International
Limited
Soh Chun Bin
7 June 2013
27 October 2015 • Geo Energy
Resources Limited
• Triyards Holdings
Limited
• Asia Fashion
Holdings Limited
Ng Kheng Choo
7 June 2013
28 October 2013 • OKH Global Ltd.
Nil
* Listed on the Growth Enterprise Market of the Stock Exchange of Hong Kong Limited
Notwithstanding that some of the Directors have multiple board representations, the Board is satisfied that each
Director is able to and has been adequately carrying out his or her duties as Director of the Company. As such, the
Board does not propose to set the maximum number of listed company board representations which Directors may
hold until such need arises.
As at the date of this Report, the Company does not have any alternate Director.
Key information regarding the Directors and information on shareholdings in the Company held by each Director are
set out in the “Board of Directors” and “Directors’ Statement” sections of this annual report respectively.
Board Performance
Principle 5:
There should be a formal assessment of the effectiveness of the board as a whole and its board
committees and the contribution by each Director to the effectiveness of the board.
The NC has adopted a formal process to assess the performance and effectiveness of the Board and its committees,
and the contribution of each Director to the effectiveness of the Board on a yearly basis. Assessment checklists which
include evaluation factors such as Board composition and structure, conduct of meetings, corporate strategy and
planning, risk management and internal control, measuring and monitoring performance, training and recruitment,
compensation, financial reporting and communicating with shareholders, are disseminated to each Director for
completion and the assessment results are discussed at NC meetings. Each member of the NC shall abstain from
voting on any resolution in respect of the assessment of his or her performance or re-nomination as Director. In the
event that any member has an interest in a matter being deliberated upon by the NC, he will abstain from participating
in the review relating to that matter.
The Board reviews its performance against qualitative and quantitative targets on an annual basis and is of the view that
it has met its performance objectives during FY2016.
45
ISOTEAM LTD.
ANNUAL REPORT 2016
