Remuneration Levels of Directors

6.1 

The Company aims to set remuneration at levels which are sufficient to attract and retain the Directors needed to run the Company successfully, taking into consideration all relevant factors including the function, workload and responsibilities involved, but without paying more than is necessary to achieve this goal.

6.2 

The level of remuneration for the CEO/MD and Executive Directors is determined by the Remuneration Committee after giving due consideration to the compensation levels for comparable positions among other similar Malaysian public listed companies.

6.3 

Non-Executive Directors are entitled to participate in the Company’s Employee Share Options Scheme (ESOS), if any, subject to approval at a General Meeting. Non-Executive Directors who participated in the ESOS are prohibited to sell, transfer or assign the shares within one (1) year from the date of offer of such options.

6.4 

No Director other than the CEO/MD and Executive Directors shall have a service contract with the Company.

6.5 

A formal independent review of the Directors’ remuneration is undertaken no less frequently than once every three (3) years.

6.6 

There is adequate disclosure in the Annual Report with a note on the remuneration of Directors.