SHAREHOLDER RIGHTS AND RESPONSIBILITIES
Shareholder Rights
Principle 14:
Companies should treat all shareholders fairly
and equitably, and should recognize, protect and
facilitate the exercise of shareholders’ rights, and
continually review and update such governance
arrangements.
Communication with Shareholders
Principle 15:
Companies should actively engage their shareholders
and put in place an investor relations policy to
promote regular, effective and fair communication
with shareholders.
The Board is mindful of its obligations to provide timely disclosure of material
information presented in a fair and objective manner to shareholders and
investors. The communications with shareholders and investors are carried
out through various channels including the annual report, quarterly financial
statements announcements, powerpoint presentations, press releases,
announcements on business developments and material information on the
performance of the Group through SGXNET and the Company’s website,
The Company announces the date of the release of
its quarterly results at least two weeks prior to the date of announcement
through SGXNET.
From time to time, the management participates in road shows and holds
meetings with investors and analysts to explain the financial results and
provide insight to the Group’s development and outlook of the industry.
Where there is inadvertent disclosure made to a selected group, the Company
will ensure the same disclosure is made publicly available to all others as
promptly as possible.
The Managing Director and CEO when necessary and appropriate, will meet
analysts and investors who like to seek better understanding of the Group’s
operations. The Managing Director and CEO, at the same time solicits
feedback and views from the investment community.
To enable shareholders to contact the Company, the Company’s
website are set out in the Corporate Information page of the Annual
Report. The management will respond to investors’ queries as soon
as practical.
Governance
Disclosure Guide
Guideline 15.4:
(a) Does the Company
regularly communicate
with shareholders
and attend to their
questions? How often
does the Company
meet with institutional
and retail investors?
(b) Is this done by a
dedicated investor
relations team (or
equivalent)? If not,
who performs this role?
(c) How does the Company
keep shareholders
informed of corporate
developments,
apart from SGXNET
announcements and
the annual report?
CORPORATE GOVERNANCE REPORT
50
ASL Marine Holdings Ltd.
Annual Report 2016
