SINGAPORE MYANMAR INVESTCO LIMITED
| Annual Report 2016
35
CORPORATE GOVERNANCE
REPORT
Principle 16: Conduct of Shareholder Meetings
The AGM is the principal forum for dialogue with our shareholders. The Company encourages our shareholders to attend
the AGM to ensure a high level of accountability and to be updated on the Group’s strategies and goals.
The Company takes note that there should be separate resolutions at general meetings on each substantially separate
issue and to avoid bundling resolutions.
The Board welcomes questions and views of shareholders on matters affecting the Company raised either formally or
informally before or at the AGM.
The Chairman of the AC, NC and RC are present and available to address questions relating to the work of their respective
committees at general meetings. The Company’s external auditors are also invited to assist in addressing any queries by
shareholders relating to the conduct of audit and the preparation and content of their auditors’ report.
At any general meeting, a resolution of the Company will be put to vote by poll and the detailed results showing the
number of votes cast for and against each resolution and the respective percentages will be announced.
ADDITIONAL INFORMATION
SECURITIES TRANSACTIONS
The Company has devised and adopted policies in line with the requirements of the Listing Manual on dealings in the
Company’s securities.
The Company and its officers are prohibited from dealing in the Company’s shares on short-term considerations or at
any time when they are in possession of unpublished price-sensitive information. They are not allowed to deal in the
Company’s shares during the period commencing one month before the announcement of the Company’s half year and
full year results, and ending on the date of the announcement of the relevant results.
In addition, Directors and key executives are expected to observe insider trading laws at all times even when dealing in
securities within the permitted trading period.
The Company issues half yearly circular to its Directors and officers informing them that they must not deal in the
Company’s securities before the release of results and at any time they are in possession of unpublished material price-
sensitive information.
MATERIAL CONTRACTS AND LOANS
Pursuant to Rule 1207(8) of the Listing Manual of the SGX-ST, the Company confirms that except as disclosed below in
the Interested Person Transactions section, and in the Directors’ Statement and Financial Statements, there were no other
material contracts and loans of the Company and its subsidiaries involving the interests of the CEO or any Director or
controlling shareholder, either still subsisting at the end of the financial year or if not then subsisting, which were entered
into since the end of the previous financial year.
INTERESTED PERSON TRANSACTIONS
The Company has adopted an internal policy in respect of any transaction with an interested person, which sets out the
procedures for review and approval of such transaction.
