Asia Media Group Berhad Annual Report 2014
41
CORPORATE GOVERNANCE STATEMENT
(Cont’d)
2. STRENGTHEN COMPOSITION OF THE BOARD
(Cont’d)
2.1. Nomination Committee
(Cont’d)
For the financial year ended 31 December 2014, the Nomination Committee has met once
with full attendance of its Members and has carried out the following key activities:
•
Proposed re-election of Members of the Board at theAGM for Shareholders’ approval,
pursuant to the Articles of Association of the Company;
•
Reviewed the annual assessment of the required mix of skills and experience of the
individual Board Members and the Board committees; and
•
Assessed the annual effectiveness of the Board as a whole, the committees of
the Board, the contribution of each individual director, including independent non-
executive directors and chief executive officer.
The Company Secretaries ensure that all appointments are properly made and that all
necessary information is obtained from the Directors, both for the Company’s records
and meeting the statutory obligations, as well as regulations arising from the Main Market
Listing Requirements of Bursa Securities.
2.2. Recruitment of Directors and Annual Assessment
The following salient points were taken into consideration pertaining to the recruitment of
Directors and annual assessment:
•
Required mix of skills, experience, independence and diversity, including gender,
where appropriate;
•
Character, knowledge, expertise, professionalism, integrity, competence and time
availability; and
•
The Independent Directors’ abilities to discharge such responsibilities / functions as
expected from the Independent Directors.
The Board currently consists of 4 members of which one (1) member is female director.
The Board recognizes the initiative by government to enlarge the women’s representation
at boardroom. In addition, the Board is satisfied with the contribution of each member of
the Board through the annual assessment by the Nomination Committee.
2.3. Remuneration Committee
The Remuneration Committee is responsible to assist the Board on fair remuneration
practices in attracting, retaining and motivating Directors. The composition of the
Remuneration Committee comprises with wholly Independent Non-Executive Directors.
The following is the current members of the Remuneration Committee:
Name
Designation
Directorship
YBhg Dato’ Hussian @
Rizal Bin A. Rahman
Chairman
(Resigned on 10 February 2015)
Independent Non-
Executive Director
Ms. Yeong Siew Lee
Chairperson
(Re-designated on 10 February 2015)
Independent Non-
Executive Director
YBhg Dato’ Wong Shee Kai Member
Executive Director
Mr. Paul Jong Jun Hian Member
(Appointed on 10 February 2015)
Independent Non-
Executive Director
