SINGAPORE WINDSOR HOLDINGS LIMITED
| Annual Report 2015
22
CORPORATE GOVERNANCE
REPORT
A breakdown, showing the level and mix of each individual Director’s remuneration for financial year under review is as
follows:-
Name of Director
Base Salary
Fees
Bonus
Benefits in kind
Total
Below S$250,000
Ho Kwok Wai
95%
5%
–
–
100%-
Chan Tak Sing Martin
100%
–
–
–
100%
Fong Sing Chak Jack
–
100%
–
–
100%
Wong Yen Siang
–
100%
–
–
100%
Wee Sung Leng
–
100%
–
–
100%
Mark Francis Bedingham
(appointed on 23 January 2015)
100%
–
–
–
100%
A breakdown, showing the level and mix of top key executives’ remuneration for financial year under review is as follows:-
Name of Key Executives*
Base Salary
Bonus
Benefits in kind
Total
S$250,000 to S$500,000
Lo Chi Chung Alan
(appointed on 16 October 2014)
100%
–
–
100%
Below S$250,000
Andrew Shepherd
(appointed on 1 April 2014)
100%
–
–
100%
John Pike
(appointed on 16 February 2015)
100%
–
–
100%
James de Villiers-Smith
(appointed on 1 December 2014)
100%
–
–
100%
Stephen Deng
(appointed on 10 April 2015)
–
–
–
–
The remuneration of each individual Director and key executive is not fully disclosed as the Company believes that
disclosure may be prejudicial to its business interests given the highly competitive environment it is operating in. The RC
has reviewed the practice of the industry in this regard, weighing the advantages and disadvantages of such disclosure.
The aggregate total remuneration paid to or accrued to key executives (who are not Director or chief executive officer)
amounted to HK$5,103,813 (approximately equivalent to S$850,154).
There is no employee in the Group who is related to a Director or the chief executive officer whose remuneration exceeds
S$50,000 for the FY2015.
The RC has reviewed and approved the remuneration packages of the Directors and key executives, having regard to their
contributions as well as the financial performance and commercial needs of the Group and has ensured that the Directors
and key executives are adequately but not excessively remunerated.
There are no termination, retirement or any post-employment benefits to directors and key officer.
The SWH Performance Share Plan was adopted at an Extraordinary General Meeting on 30 July 2014. The SWH
Performance Share Plan is administrated by the Remuneration Committee and contemplates the award of fully paid shares,
free of charge, when or after prescribed performance targets are achieved by the selected employees of the Group. No
shares have been issued under this plan during the financial year under review.
