SEO Version
33
ANNUAL REPORT 2013
CORPORATE GOVERNANCE REPORT
DEALING IN SECURITIES
The Company has adopted a code of conduct on share dealings by directors and key officers. The code of conduct was
modelled after the SGX-ST Best Practices Guide with some modification. The guidelines set out in the code of conduct
include the following:
1. Directors and key officers are prohibited from trading in the Company’s shares for a period of one month prior to the
announcement of the Company’s results;
2. Directors and key officers are strictly required to observe the insider trading laws under the Securities and Futures Act
(Chapter 289 of Singapore) at all times; and
3. Directors and key officers are required to report to the Company which in turn will report to the public through
SGXNET announcements whenever they deal in the Company’s shares.
COMMUNICATIONS WITH SHAREHOLDERS - PRINCIPLES 14 & 15
The Company does not practise selective disclosure. Information is disseminated via SGXNET, news releases and the
Company’s website on a timely basis. Price-sensitive information is publicly released, and is announced within the
mandatory period and is available on the Company’s website. All shareholders will receive the Annual Report and the
notice of the Annual General Meeting. At the Annual General Meeting, all shareholders will be given the opportunity to
voice their views and to direct questions regarding the Group to directors, including the chairpersons of each of the Board
committees. The external auditors are also normally present to assist the directors in addressing any relevant queries by
shareholders.
MATERIAL CONTRACTS (LISTING MANUAL RULE 1207(8))
Save as disclosed in the Report of the Directors and Financial Statements, there are no material contracts of the Company
or its subsidiaries involving the interest of the chief executive officer or any director or controlling shareholders subsisting at
the end of the financial year.
INTERESTED PERSON TRANSACTIONS (LISTING MANUAL RULE 907)
The Group has established procedures to ensure that all transactions with interested persons are reported in a timely
manner to the Audit Committee and that the transactions are conducted on an arm’s length basis and are not prejudicial to
the interests of the shareholders. For financial year 2013, there were no interested person transactions.
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