FRENCKEN GROUP LIMITED
ANNUAL REPORT 2014
26
BOARD MEMBERSHIP (CONT'D)
Principle 4 (Cont'd)
Each member of the Nominating Committee shall abstains from voting on any resolutions and making any recommendation
and or participating in respects of matters in which he has an interest.
The date of initial appointment and last re-election as directors are set-out below:
Directors
Date of initial appointment
Date of last re-election
Tan Sri Larry Low Hock Peng
20 July 2000
24 April 2014
Gooi Soon Hock (demised on 30 December 2014)
4 July 2000
24 April 2014
Hendrik Gezinus Tappel
31 December 2009
25 April 2013
Chia Chor Leong
22 September 2004
26 April 2012
Ling Yong Wah
12 May 2005
24 April 2014
Tan Lai Heng
30 July 2009
25 April 2013
Sim Mong Huat
30 July 2009
26 April 2012
Yeo Jeu Nam
1 November 2010
25 April 2013
Dato’ Gooi Soon Chai
10 February 2015
N/A
N/A: Not Applicable
Please refer to Board of Director’s section of this Annual Report for a profile of each director’s academic and professional
qualifications.
The Nominating Committee reviews annually the time commitments of directors. Notwithstanding that some of the directors
have multiple board representations, the Nominating Committee is satisfied that sufficient time and attention are being
given by the directors to the affairs of the Company.
Thus there are no compelling reasons to impose a cap on the number of board representations each director may hold since
these directors are able to and have adequately carried out their duties as directors of the Company.
The Nominating Committee held one (1) meeting during the year under review.
In the search for potential new Directors, the Nominating Committee will seek to identify the competence required for
the Board to fulfil its responsibilities. The Nominating Committee may engage recruitment consultants or engage other
independent experts to undertake research on, or assess candidates for new positions on the Board.
Recommendations for new Board members are put to the Board for its consideration and approval.
BOARD PERFORMANCE
Principle 5 There should be a formal annual assessment of the effectiveness of the Board as a whole and its
board committees and the contribution by each director to the effectiveness of the Board.
The Nominating Committee examines the Board’s size to satisfy that it is appropriate for effective decision making, taking
into account the nature and scope of the Company’s operation. The Directors bring to the Board their related experiences
and knowledge and also provide guidance in the various Board Committee as well as to the Management of the Group.
The Nominating Committee will review and evaluate the performance of the Board as a whole and its board committees in
view of the complementary and collective nature of directors’ contributions.
The Nominating Committee has established objective performance criteria such as attendance record at the meetings and
also the contribution of each Director to the effectiveness of the Board.
The Board reviews the assessment conducted by the Nominating Committee and where necessary makes changes to
further improve the effectiveness of the Board. Following the review, the Board is of the view that the Board and its Board
Committees operate effectively.
CORPORATE GOVERNANCE STATEMENT
(CONT’D)
