Remuneration of top five key management personnel
In the interest of maintaining good morale and a strong spirit of teamwork
within the Group, the disclosure relating to the top five key management
personnel of the Group in bands of $250,000 and in percentage terms for the
financial year ended 30 June 2016 is set out as follows:
Name of key
Salary
1
Bonus
Total
management personnel
%
% %
Payable by subsidiaries:
$250,000 to below $500,000
Ang Iris (resigned on 20 May 2016)
83
17
100
Tay Kes Siong
93
7
100
Below $250,000
Kim Dong Gyun
93
7
100
Koh Kok Leong
100
-
100
You Bom Lee
93
7
100
Total remuneration
$1,180,000
1
Inclusive of Employer’s Central Provident Fund contributions
Remuneration of employees who are immediate family members
of a director or the chief executive officer
The following table shows the breakdown of the remuneration in
bands of $50,000 and in percentage terms of employee who is an
immediate family member of a director or the chief executive officer,
and whose remuneration exceeds $50,000 for the financial year ended
30 June 2016:
Other
Salary
1
Bonus benefits
2
Total
% %
% %
Name of employee
Payable by subsidiaries:
$300,000 to below $350,000
Ang Sin Liu
92
7
1
100
1
Inclusive of Employer’s Central Provident Fund Contributions
2
Other benefits refer to car benefits
Mr Ang Sin Liu, the Group Advisor is the father of the executive directors,
Mr Ang Kok Tian, Mr Ang Ah Nui, Mr Ang Kok Eng and Mr Ang Kok Leong.
Governance
Disclosure Guide
Guideline 9.3:
(a) Has the Company
disclosed each
key management
personnel’s
remuneration, in bands
of S$250,000 or in
more detail, as well
as a breakdown (in
percentage or dollar
terms) into base/
fixed salary, variable
or performance-
related income/
bonuses, benefits in
kind, stock options
granted, share-based
incentives and awards,
and other long-term
incentives? If not, what
are the reasons for not
disclosing so?
(b) Please disclose
the aggregate
remuneration paid
to the top five
key management
personnel (who are not
directors or the CEO).
Guideline 9.4:
Is there any employee
who is an immediate family
member of a director
or the CEO, and whose
remuneration exceeds
S$50,000 during the year?
If so, please identify the
employee and specify
the relationship with
the relevant director or
the CEO.
CORPORATE GOVERNANCE REPORT
42
ASL Marine Holdings Ltd.
Annual Report 2016
