Asia Media Group Berhad Annual Report 2014
42
CORPORATE GOVERNANCE STATEMENT
(Cont’d)
2. STRENGTHEN COMPOSITION OF THE BOARD
(Cont’d)
2.3. Remuneration Committee
(Cont’d)
For the financial year ended 31 December 2014, the Remuneration Committee has met
once with full attendance of its Members to review and recommend the payment of Directors’
fees in FYE 2014.
The Remuneration Committee had carried out its duty in reviewing and assessing the
remuneration for the Directors of the Board to ensure that the remuneration is linked to
the level of responsibilities undertaken, performance and contribution to the effective
functioning of the Board. The individual Directors do not participate in the discussion of
their own remuneration during the Remuneration Committees’ Meeting.
Further, the Company has adopted the objectives as recommended by the Code to
determine the remuneration of the Directors so as to ensure that the Company attracts and
retains directors of the quality needed to manage the business of the Group respectively.
The aggregate remuneration of the Directors of the Group paid or payable by the Group
for the financial year under review are as follows:
SALARIES
& OTHER
FEE EMOLUMENTS
CATEGORY
(RM)
(RM)
EXECUTIVE DIRECTOR
200,000
2,400
NON-EXECUTIVE DIRECTORS
162,000
–
362,000
2,400
NUMBER OF DIRECTORS
NON-
EXECUTIVE EXECUTIVE
RANGE OF REMUNERATION
DIRECTORS DIRECTORS
Below RM50,000
1
2
RM50,001 – RM100,000
–
–
RM100,001 – RM200,000
1
1
Note:
For security and confidentially reasons, the details of the Directors’ remuneration are not
shown with reference to Directors individually. The Board is of the view that the transparency
and accountability aspect of the corporate governance on Directors’ remuneration are
appropriately served by the band disclosure made.
The Board recommends the Directors’ fees and other emoluments payable for the financial
year ended 31 December 2014 which are subject to the shareholders’ approval at the
forthcoming AGM.
