CORPORATE GOVERNANCE REPORT
SHAREHOLDER RIGHTS AND RESPONSIBILITIES
Shareholder Rights
Principle 14:
Companies should treat all shareholders fairly and equitably, and should recognise, protect and facilitate
the exercise of shareholders’ rights, and continually review and update such governance arrangements.
The Group’s corporate governance practices promote the fair and equitable treatment of all shareholders. To facilitate
shareholders’ ownership rights, the Group ensures that all material information is disclosed on a comprehensive,
accurate and timely basis via SGXNET. The Group recognises that the release of timely and relevant information is central
to good corporate governance and enables shareholders to make informed decisions in respect of their investments
in the Company, and will ensure that all information disclosed is as descriptive, detailed and forthcoming as possible.
All shareholders are entitled to attend the AGM and are afforded the opportunity to participate effectively and to vote
in the AGM. Notice of the AGM is despatched to shareholders together with an annual report. Shareholders may vote
in person or by proxy. The Constitution allows a shareholder to appoint up to two proxies to attend and vote in the
shareholder’s place at the AGM.
In line with the amendments to the Companies Act, Cap. 50, corporate shareholders of the Company which provide
nominee or custodial services to third parties, are entitled to appoint more than two proxies to attend and vote on their
behalf at general meetings. A proxy need not be a member of the Company.
Communication with Shareholders
Principle 15:
Companies should actively engage their shareholders and put in place an investor relations policy to
promote regular, effective and fair communication with shareholders.
The Company is committed to maintaining and improving its level of corporate transparency of financial results and
other pertinent information. In line with the continuous disclosure obligations of the Company pursuant to the Catalist
Rules and the Companies Act, Cap. 50, it is the Board’s policy to ensure that all shareholders are informed regularly and
on a timely basis of every significant development that has an impact on the Group.
The Company does not practise selective disclosure. Price-sensitive information is first publicly released before the
Company meets with any group of investors or analysts. Results and annual reports are announced or issued within
the mandatory period.
Regular media and analyst briefings are organised to enable a better appreciation of the Group’s performance and
developments. The Company holds investor briefings, inviting the media and analyst, after the release of its half year
or full year financial results.
The Company conducts its investor relations on the following principles:
(a)
Information deemed to be price-sensitive is disseminated without delay via announcements and/or press
releases on SGXNET;
(b)
Discuss only publicly-available and publicly known information during dialogues with investors and analysts,
principally following announcement of financial results;
(c)
Endeavour to provide comprehensive information in financial results announcements to help shareholders and
potential investors make informed decisions; and
(d)
Operate an open policy with regard to shareholders' or investors’ enquiries.
51
ISOTEAM LTD.
ANNUAL REPORT 2016
