Sustainability Report
Corporate Governance Structure
The Company's Directors and
Management firmly believe that a full
commitment to high standards of
corporate governance is essential to
the sustainability of the Company's
businesses and performance, as well
as to safeguard shareholders' interests
and maximise long-term shareholder
value. They are pleased to confirm
that the Company has adhered to the
principles and guidelines of Singapore's
Code of Corporate Governance 2005
("2005 Code").
Effective corporate governance supports
the Company's belief in transparency,
and helps it to be forward-looking with
fresh ideas, and to be more decisive in
the execution of strategies and initiatives.
It is also an effective prevention against
fraud and irregularities.
These standards include having clear
policies, best practices, and sound
internal controls as well as a system
of continuous improvements.
The Company has received many awards
for achieving high standards in its
corporate governance and transparency.
Information on these awards is set out
on page 32.
As required by the Listing Manual of
the Singapore Stock Exchange
Securities Trading Limited ("SGX-ST"),
the following sections describe how
the Company has effectively applied
the principles and guidelines of the
2005 Code.
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