LPI CAPITAL BHD (4688-D) (Incorporated in Malaysia)

Save this PDF as:
 WORD  PNG  TXT  JPG

Size: px
Start display at page:

Download "LPI CAPITAL BHD (4688-D) (Incorporated in Malaysia)"

Transcription

1 LPI CAPITAL BHD (4688-D) (Incorporated in Malaysia) Summary of Proceedings of the Fifty-Third Annual General Meeting held at Sabah Room, Basement II, Shangri-La Hotel Kuala Lumpur, 11 Jalan Sultan Ismail, Kuala Lumpur, Malaysia on Monday, 17 March 2014 at a.m. PRESENT : CHAIRMAN OF THE MEETING : IN ATTENDANCE : As per attendance list Tan Sri Datuk Seri Utama Thong Yaw Hong Ms Kong Thian Mee NOTICE OF MEETING The notice convening the Meeting, having been circulated earlier to all the members of the Company within the statutory period, was taken as read. QUORUM On behalf of the Board, Tan Sri Datuk Seri Utama Thong Yaw Hong, the Chairman of the Meeting, welcomed all the attendees to the Meeting. There being quorum, the Meeting was called to order at a.m. ORDINARY BUSINESS ORDINARY RESOLUTION 1 AUDITED FINANCIAL STATEMENTS AND REPORTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2013 The Audited Financial Statements of the Company and the Group for the financial year ended 31st December 2013 and the Reports of the Directors and Auditors having been circulated to all the members of the Company within the statutory period, were tabled before the Meeting for discussion.

2 Financial Performance Tan Sri Thong presented the following LPI Group s performance in 2013 to the shareholders :- For the financial year ended 31st December 2013, the Group s pre-tax profit registered an impressive growth of 20% to RM256.8 million from RM214 million registered in the previous corresponding period while net profit attributable to shareholders increased by 20.7% from RM166.9 million to RM201.4 million. Total operating revenue of the Group grew by 7.7% from RM1.04 billion to RM1.12 billion. Consequently, the Group s earnings per share improved significantly by 20.7% to sen from sen recorded in financial year ended 31st December Net return on equity increased to 12.5% from 12.2%. The sterling performance of the Group in 2013 was contributed by the outstanding results of the Group s wholly owned subsidiary, Lonpac Insurance Bhd (Lonpac). Despite operating in an economy dominated by global financial instability and a highly competitive market place, Lonpac achieved another milestone by posting a new high pre-tax profit of RM231.4 million for the financial year ended 31st December 2013, a substantial jump of 20.9% from RM191.4 million achieved in financial year ended 31st December The record pre-tax profit of Lonpac was contributed by its strong underwriting performance in Underwriting profit of Lonpac registered an impressive increase of 22.6% from RM151.9 million to RM186.2 million. The gross premium written for Lonpac improved by 6.9% from RM1.03 billion to RM1.11 billion. Despite the challenging operating environment whereby vehicle theft losses remain high and waves of flooding affected a large part of the east coast of Peninsular Malaysia and the state of Sarawak in the last quarter of 2013, Lonpac managed to reduce its claims incurred ratio from 47.5% registered in 2012 to 45.5%. The combined ratio improved remarkably from 74% to 70% for the year under review. The Group s discipline and prudency on risk selection and claims management enabled Lonpac to record much better claims and combined ratio as compared to the industry. In view of the impressive performance of the Group, the Board has declared a second interim single-tier dividend of 52 sen per share. The second interim dividend payment which amounted to RM114.6 million was paid on 6 th February 2014 and is part of the Group s effort to reward its shareholders.

3 Together with the first interim single-tier dividend of 18 sen per share which was paid in July 2013, the total interim dividends paid for the financial year ended 31st December 2013 amounted to 70 sen per share which is 7.7% higher than the total dividend of 65 sen per share paid for the financial year ended 31st December While emerging markets are facing economic volatilities and the recovery of developed economies is modest, the Group will continue to focus on the organic growth of its core underwriting business by maintaining its prudent underwriting policy in order to sustain healthy underwriting margin. The Representative of Minority Shareholder Watchdog Group (MSWG), Pn Lya Rahman congratulated the Company for achieving excellent performance in 2013 and continues adhering to the good corporate governance practices. Pn Lya also congratulated the Company for winning the Most Prompt Annual General Meeting (AGM) Award under the Malaysia Asean Corporate Governance (CG) Index 2013, being the earliest company to hold its AGM after its financial year end. She also praised the Company for again, being the first company to hold the AGM for this year. In addition, Pn Lya had suggested to the Board the following items :- (i) (ii) to consider publishing its AGM Minutes or Summary of AGM Minutes at the Company s website, as a transparency practice stated in the Asean CG Scorecard; and to appoint suitable women to LPI s board. On behalf of the Board, Mr Tan Kok Guan answered the questions raised by MSWG as per its letter dated 27 February The questions and answers were as following :- Question (1) As stated in the Chairman s review, policies introduced in Budget 2014 on the housing sector would pose a challenge to one of the Group s key business segments. Please elaborate on the strategy the Company had put in place to address the challenge and any obstacles faced? Answer (1) Policies introduced in Budget 2014 may have dampened the housing sector to some extent but the Company does not foresee any drastic reduction in the construction of new houses as evidenced by its continued coverage of construction projects. The Company expects the housing sector to slow-down in the short term but would recover in the near future.

4 In line with the implementation of the Economic Transformation Programme by the Government, the Company is increasing its marketing efforts to further strengthen its market share in the non-residential property segment which has much growth potential. Question (2) Given the high level of trade in Malaysia and the potential growth of Trade Credit Insurance, what are the Company s strategy, initiatives and KPIs/targets for Lonpac to achieve in 2014 and 2015? Answer (2) Lonpac launched its Trade Credit Insurance sometime in 2012 after obtaining Bank Negara Malaysia s (BNM) approval. The Company s strategic partner, Atradius Credit Insurance NV, provides trade credit insurance, bonding and collection services worldwide with presence in 42 countries. With their technical expertise and worldwide experience, they would be able to contribute significantly to the Company s growth in both its domestic and export trade credit insurance. Lonpac has drawn up a strategic business plan to expand this portfolio through its existing channels especially its brokers, agents and financial institutions. In the Company s maiden (full) year of business, it recorded around RM1.0 Million in gross premium. The Company targets trade credit insurance to contribute 1% of its total business in Question (3) As further liberalisation in the insurance industry is expected between 2014 to 2016, what measures have the Board taken to address the changing landscape and the stiffer competition due to the entry of foreign players in the industry? In addition, please brief on the impact of the de-tariff exercise on the Company s fire and motor sector which forms a significant portion of its underwriting portfolio and gross premium income. Answer (3) The liberalisation of Malaysian insurance industry is scheduled in 2016 and if this process commences, the Company expects the liberalisation to be implemented in stages in order to reduce the impact on the insurers as well as the insuring public. In anticipation of the liberalisation of the industry, Lonpac has been actively building its market share in order to achieve economy of scale, reduce unit cost and increasing its competitive edge.

5 Lonpac has set up an Actuarial Department headed by a qualified casualty actuary. The Actuarial Department has started the process of reviewing and formulating rating models and tools for use by the underwriting and marketing staff and its sales force in the de-tariff environment. Depending on the liberalisation process, the de-tariff exercise is expected to result in a reduction in fire premium rates where underwriting results have been positive and an increase in motor premium in certain segments where claims experience have been consistently bad. While Lonpac may be affected by the expected reduction in fire premium rates, the Company s focus is to continuously build its fire insurance portfolio at a faster speed in a liberalised environment and continue with its leadership role in this segment. Thereafter, the following ordinary resolution was put to the Meeting for a vote and was duly THAT the Audited Financial Statements for the financial year ended 31 December 2013 and the Reports of the Directors and Auditors be hereby received. ORDINARY RESOLUTION 2 RE-ELECTION OF DIRECTOR MR QUAH POH KEAT The Chairman of the Meeting explained that Mr Quah Poh Keat was subject to retirement under Article 97 of the Company s Articles of Association and that being eligible he has agreed to offer himself for re-election. The following ordinary resolution was put to the Meeting for a vote and was duly THAT Mr Quah Poh Keat, retiring in accordance with Article 97 of the Articles of Association of the Company, be and is hereby re-elected a Director of the Company. ORDINARY RESOLUTION 3 RE-APPOINTMENT OF DIRECTOR TAN SRI DATO SRI DR. TEH HONG PIOW The Chairman of the Meeting explained that Tan Sri Dato Sri Dr. Teh Hong Piow was subject to retirement under Section 129 of the Companies Act, 1965 and that Tan Sri Dato Sri Dr. Teh Hong Piow has agreed to offer himself for re-appointment.

6 The following ordinary resolution was put to the Meeting for a vote and was duly THAT Tan Sri Dato Sri Dr. Teh Hong Piow, retiring pursuant to Section 129 of the Companies Act, 1965, be and is hereby re-appointed a Director of the Company to hold office until the next Annual General Meeting. ORDINARY RESOLUTION 4 RE-APPOINTMENT OF DIRECTOR TAN SRI DATUK SERI UTAMA THONG YAW HONG The Chairman of the Meeting informed that he was subject to retirement under Section 129 of the Companies Act, 1965 and that has agreed to offer himself for reappointment. The following ordinary resolution was put to the Meeting by a shareholder for a vote and was duly THAT Tan Sri Datuk Seri Utama Thong Yaw Hong, retiring pursuant to Section 129 of the Companies Act, 1965, be and is hereby re-appointed a Director of the Company to hold office until the next Annual General Meeting. ORDINARY RESOLUTION 5 RE-APPOINTMENT OF DIRECTOR DATO YEOH CHIN KEE The Chairman of the Meeting explained that Dato Yeoh Chin Kee was subject to retirement under Section 129 of the Companies Act, 1965 and that Dato Yeoh Chin Kee has agreed to offer himself for re-appointment. The following ordinary resolution was put to the Meeting for a vote and was duly THAT Dato Yeoh Chin Kee, retiring pursuant to Section 129 of the Companies Act, 1965, be and is hereby re-appointed a Director of the Company to hold office until the next Annual General Meeting. ORDINARY RESOLUTION 6 PAYMENT OF DIRECTORS FEES The Chairman of the Meeting informed the Meeting that a sum of RM465, was recommended for payment as Directors Fees for the financial year ended 31 December 2013.

7 The following ordinary resolution was put to the Meeting for a vote and was duly THAT the payment of Directors Fees of RM465, for the financial year ended 31 December 2013 be hereby approved. ORDINARY RESOLUTION 7 RE-APPOINTMENT OF AUDITORS The Chairman of the Meeting informed the Meeting that Messrs. KPMG had indicated their willingness to continue in office. The Meeting was requested to consider the re-appointment of Messrs. KPMG as auditors of the Company for the next financial year. The following ordinary resolution was put to the Meeting for a vote and was duly THAT Messrs. KPMG be re-appointed as Auditors of the Company for the financial year ending 31 December 2014 AND THAT the Directors be authorised to fix their remuneration. TERMINATION OF MEETING There being no other business, the Meeting terminated at noon with a vote of thanks to the Chair.

FABER GROUP BERHAD (Company No. 5067-M) (Incorporated In Malaysia)

FABER GROUP BERHAD (Company No. 5067-M) (Incorporated In Malaysia) FABER GROUP BERHAD (Company No. 5067-M) (Incorporated In Malaysia) SUMMARY RECORD OF THE PROCEEDINGS OF THE 51 st ANNUAL GENERAL MEETING VENUE: BANQUET HALL, MENARA KORPORAT, PERSADA PLUS, PERSIMPANGAN

More information

NOTICE OF ANNUAL GENERAL MEETING

NOTICE OF ANNUAL GENERAL MEETING GENTING MALAYSIA BERHAD (58019-U) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Thirty-Fifth Annual General Meeting of Genting Malaysia Berhad ( the Company ) will be held at 26th Floor,

More information

MALAYAN FLOUR MILLS BERHAD (Incorporated in Malaysia)

MALAYAN FLOUR MILLS BERHAD (Incorporated in Malaysia) MALAYAN FLOUR MILLS BERHAD (Incorporated in Malaysia) Minutes of the Fifty-Fourth Annual General Meeting of Malayan Flour Mills Berhad held at the Auditorium, 3rd Floor, Wisma MCA, Jalan Ampang, 50450

More information

MASTER-PACK GROUP BERHAD (Company No. 297020-W) (Incorporated in Malaysia) MINUTES OF GENERAL MEETING

MASTER-PACK GROUP BERHAD (Company No. 297020-W) (Incorporated in Malaysia) MINUTES OF GENERAL MEETING (Incorporated in Malaysia) MINUTES OF GENERAL MEETING MINUTES OF THE TWENTIETH ANNUAL GENERAL MEETING OF THE COMPANY HELD AT MASTER-PACK SDN BHD, 1574, JALAN BUKIT PANCHOR, 14300 NIBONG TEBAL, S.P.S. PENANG

More information

TALIWORKS CORPORATION BERHAD (Company No. 6052-V) (Incorporated in Malaysia)

TALIWORKS CORPORATION BERHAD (Company No. 6052-V) (Incorporated in Malaysia) MINUTES OF THE TWENTY THIRD ANNUAL GENERAL MEETING OF TALIWORKS CORPORATION BERHAD ( TALIWORKS OR THE COMPANY ) HELD AT BALLROOM 1, FIRST FLOOR, SIME DARBY CONVENTION CENTRE, 1A, JALAN BUKIT KIARA 1, 60000

More information

METROD (MALAYSIA) BERHAD (66954-H)

METROD (MALAYSIA) BERHAD (66954-H) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Twenty-Eighth Annual General Meeting ( AGM ) of the Company will be held at Cobalt 7, Level 1, The Ritz-Carlton, 168 Jalan Imbi, 55100 Kuala

More information

AGENDA. 2. To declare a final dividend of 0.67 sen per share less 25% income tax for the financial year ended 31 December 2009. Ordinary Resolution 2

AGENDA. 2. To declare a final dividend of 0.67 sen per share less 25% income tax for the financial year ended 31 December 2009. Ordinary Resolution 2 NI HSIN RESOURCES BERHAD (653353-W) (Incorporated in Malaysia) Notice of Annual General Meeting NOTICE IS HEREBY GIVEN THAT the Sixth Annual General Meeting of the Company will be held at Perdana Room

More information

GENERAL MEETINGS: NOTICE OF MEETING

GENERAL MEETINGS: NOTICE OF MEETING GENERAL MEETINGS: NOTICE OF MEETING MALAYSIAN BULK CARRIERS BERHAD Type of Meeting AGM Indicator Notice of Meeting Description The Notice of 25th Annual General Meeting of Malaysian Bulk Carriers Berhad

More information

TELEKOM MALAYSIA BERHAD [ P] (Incorporated in Malaysia)

TELEKOM MALAYSIA BERHAD [ P] (Incorporated in Malaysia) [128740-P] (Incorporated in Malaysia) MINUTES OF THE TWENTY-EIGHTH (28 TH ) ANNUAL GENERAL MEETING (AGM) OF THE COMPANY HELD AT 10:00 A.M. ON TUESDAY, 7 MAY 2013 AT KRISTAL HALL, TM CONVENTION CENTRE,

More information

NOTICE OF ANNUAL GENERAL MEETING

NOTICE OF ANNUAL GENERAL MEETING Sime Darby Berhad Annual Report 2013 9 NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN that the Seventh Annual General Meeting of Sime Darby Berhad will be held at the Grand Ballroom, First Floor,

More information

Notice of the 24th Annual General Meeting

Notice of the 24th Annual General Meeting NOTICE IS HEREBY GIVEN that the Twenty-fourth Annual General Meeting ( AGM ) of Media Chinese International Limited will be held at (i) Sin Chew Media Corporation Berhad, Cultural Hall, No. 19, Jalan Semangat,

More information

Notice of 43rd Annual General Meeting

Notice of 43rd Annual General Meeting 122 Carlsberg Brewery Malaysia Berhad (9210-K) NOTICE IS HEREBY GIVEN that the Forty-Third (43rd) Annual General Meeting of the Company will be held at Sunway Pyramid Convention Center, Level CP3, No 3

More information

ADDENDUM TO THE NOTICE OF THE EIGHTEENTH (18th) ANNUAL GENERAL MEETING ( AGM ) FOR INCLUSION OF AN ADDITIONAL ITEM AS SPECIAL BUSINESS

ADDENDUM TO THE NOTICE OF THE EIGHTEENTH (18th) ANNUAL GENERAL MEETING ( AGM ) FOR INCLUSION OF AN ADDITIONAL ITEM AS SPECIAL BUSINESS (Company No. 312952-H) Registered Office: Level 10, Tower One RHB Centre Jalan Tun Razak 50400 Kuala Lumpur To: The Shareholders RHB Capital Berhad Dear Sirs ADDENDUM TO THE NOTICE OF THE EIGHTEENTH (18th)

More information

TOP GLOVE CORPORATION BERHAD (Company No X) (Incorporated in Malaysia)

TOP GLOVE CORPORATION BERHAD (Company No X) (Incorporated in Malaysia) EXTRACT OF THE MINUTES OF THE FOURTEENTH ANNUAL GENERAL MEETING OF THE COMPANY HELD AT BALLROOM 1 (FIRST FLOOR), SIME DARBY CONVENTION CENTRE, 1A, JALAN BUKIT KIARA 1, 60000 KUALA LUMPUR, WILAYAH PERSEKUTUAN

More information

1.1 The Audit Committee (the Committee ) is established by the Board of Directors (the Board ) of G-Resources Group Limited (the Company ).

1.1 The Audit Committee (the Committee ) is established by the Board of Directors (the Board ) of G-Resources Group Limited (the Company ). TERMS OF REFERENCE AUDIT COMMITTEE (adopted on 21 October 2005 and modified on 11 August 2008, 29 February 2012 and 1 January 2016) 1. ESTABLISHMENT 1.1 The Audit Committee (the Committee ) is established

More information

DiGi.COM BERHAD (Company No.: 425190-X) (Incorporated in Malaysia)

DiGi.COM BERHAD (Company No.: 425190-X) (Incorporated in Malaysia) DiGi.COM BERHAD (Company No.: 425190-X) (Incorporated in Malaysia) NOTICE OF ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT the Ninth Annual General Meeting of DiGi.Com Berhad will be held at Sapphire

More information

Corporate Governance. Statement on BOARD OF DIRECTORS

Corporate Governance. Statement on BOARD OF DIRECTORS Statement on Corporate Governance BOARD OF DIRECTORS Highest Standards of Corporate Governance The Board of Directors has always upheld the highest standards of corporate governance to safeguard the interest

More information

PUBLIC BANK BERHAD AND ITS SUBSIDIARY COMPANIES (Company No. 6463-H) (Incorporated in Malaysia) ACCOUNTS - 31 DECEMBER 1999

PUBLIC BANK BERHAD AND ITS SUBSIDIARY COMPANIES (Company No. 6463-H) (Incorporated in Malaysia) ACCOUNTS - 31 DECEMBER 1999 PUBLIC BANK BERHAD AND ITS SUBSIDIARY COMPANIES (Company No. 6463-H) (Incorporated in Malaysia) ACCOUNTS - 31 DECEMBER 1999 PUBLIC BANK BERHAD AND ITS SUBSIDIARY COMPANIES (Company No. 6463-H) (Incorporated

More information

MASB Standard 12. Investments in Associates

MASB Standard 12. Investments in Associates LEMBAGA PIAWAIAN PERAKAUNAN MALAYSIA MALAYSIAN ACCOUNTING STANDARDS BOARD MASB Standard 12 Investments in Associates Any correspondence regarding this Standard should be addressed to: The Chairman Malaysian

More information

- 1 - CATHAY PACIFIC AIRWAYS LIMITED. Corporate Governance Code. (Amended and restated with effect from 3rd March 2014)

- 1 - CATHAY PACIFIC AIRWAYS LIMITED. Corporate Governance Code. (Amended and restated with effect from 3rd March 2014) - 1 - CATHAY PACIFIC AIRWAYS LIMITED (Amended and restated with effect from 3rd March 2014) This Code sets out the corporate governance practices followed by the Company. The Board and its responsibilities

More information

ICO GROUP LIMITED * (Incorporated in the Cayman Islands with limited liability) (Stock code: 8140)

ICO GROUP LIMITED * (Incorporated in the Cayman Islands with limited liability) (Stock code: 8140) Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

CHEMICAL COMPANY OF MALAYSIA BERHAD (5136-T)

CHEMICAL COMPANY OF MALAYSIA BERHAD (5136-T) CHEMICAL COMPANY OF MALAYSIA BERHAD (5136-T) (Incorporated in Malaysia) SUMMARY OF THE 53 rd ANNUAL GENERAL MEETING HELD AT BALLROOM 3, INTERCONTINENTAL KUALA LUMPUR, 165 JALAN AMPANG, 50450 KUALA LUMPUR

More information

PENSONIC HOLDINGS BERHAD (300426-P) (Incorporated in Malaysia) CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTER ENDED 31 AUGUST 2015

PENSONIC HOLDINGS BERHAD (300426-P) (Incorporated in Malaysia) CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTER ENDED 31 AUGUST 2015 CONDENSED CONSOLIDATED FINANCIAL STATEMENTS FOR THE QUARTER ENDED 31 AUGUST 2015 CONDENSED CONSOLIDATED STATEMENT OF COMPREHENSIVE INCOME FOR THE QUARTER ENDED 31 AUGUST 2015 (Unaudited) Individual Quarter

More information

INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2006

INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2006 (Incorporated in Bermuda with limited liability) (Stock code: 626; Website: www.publicfinance.com.hk) INTERIM RESULTS FOR THE SIX MONTHS ENDED 30 JUNE 2006 INTERIM RESULTS The Board of Directors of Public

More information

EPPLEY LIMITED ANNUAL REPORT

EPPLEY LIMITED ANNUAL REPORT EPPLEY LIMITED ANNUAL REPORT 2015 ANNUAL LETTER TO SHAREHOLDERS Fellow Shareholders, Eppley produced earnings per share of $70.94 last year, generating a 19% return on our $377 per share listing price.

More information

SWAZILAND ROYAL INSURANCE CORPORATION

SWAZILAND ROYAL INSURANCE CORPORATION SWAZILAND ROYAL INSURANCE CORPORATION Financial Highlights for the Year Ended 31 December 2014 Short-Term Insurance Business Movements Gross Written Premium (GWP) 6.83% Investment Income short-term funds

More information

LEGEND ENTERTAINMENT LIMITED 傳 奇 娛 樂 有 限 公 司 (Incorporated in Hong Kong with limited liability)

LEGEND ENTERTAINMENT LIMITED 傳 奇 娛 樂 有 限 公 司 (Incorporated in Hong Kong with limited liability) LEGEND ENTERTAINMENT LIMITED (Incorporated in Hong Kong with limited liability) REPORTS AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 ST DECEMBER 2011 LEGEND ENTERTAINMENT LIMITED Reports and Contents

More information

SWAZILAND ROYAL INSURANCE CORPORATION

SWAZILAND ROYAL INSURANCE CORPORATION SWAZILAND ROYAL INSURANCE CORPORATION Financial Highlights for the Year Ended 31 December 2010 Short-Term Insurance Business Movements Gross Written Premium (GWP) 1.11% Investment Income short-term funds

More information

The Meeting was convened at 15.05 hrs.

The Meeting was convened at 15.05 hrs. Summary in English of the Minutes of the 23 rd Annual Ordinary Meeting of Shareholders of Bangkok Bank Public Company Limited ( the Bank ) April 12, 2016 The Bank s Auditorium, 30 th Floor, Head Office

More information

HeveaBoard Berhad (Company No. 275512-A) (Incorporated in Malaysia)

HeveaBoard Berhad (Company No. 275512-A) (Incorporated in Malaysia) NOTES TO THE FINANCIAL STATEMENTS FOR THE PERIOD ENDED 30 JUNE 2009 A. DISCLOSURE REQUIREMENTS AS PER FINANCIAL REPORTING STANDARDS ( FRS ) 134 (FORMERLY KNOWN AS MALAYSIAN ACCOUNTING STANDARDS BOARD (

More information

IAG delivers sound underlying improvement in first half

IAG delivers sound underlying improvement in first half MEDIA RELEASE 26 FEBRUARY 2009 IAG delivers sound underlying improvement in first half Insurance Australia Group Limited (IAG) today announced an insurance profit of $227 million for the six months ended

More information

SWAZILAND ROYAL INSURANCE CORPORATION ANNUAL RESULTS

SWAZILAND ROYAL INSURANCE CORPORATION ANNUAL RESULTS SWAZILAND ROYAL INSURANC CORPORATION ANNUAL RSULTS Overview of 2011 The Swaziland Royal Insurance Corporation s (The Corporation) main business activity is the provision of short-term insurance, life assurance

More information

Mantas India Private Limited. Directors Report

Mantas India Private Limited. Directors Report Mantas India Private Limited Directors Report Dear Members, Your Directors take pleasure in bringing you the Annual Report of your Company along with the Audited Accounts for the financial year from April

More information

[COMPANY NAME] NOTICE is hereby given that a directors meeting of the company will be held at [ ] on [ ] at [ ] for the following purposes:-

[COMPANY NAME] NOTICE is hereby given that a directors meeting of the company will be held at [ ] on [ ] at [ ] for the following purposes:- Declaration of Interest / Approve Accounts Board Resolutions [COMPANY NAME] RESOLUTIONS IN WRITING OF ALL THE DIRECTORS OF THE COMPANY PASSED PURSUANT TO ARTICLE [ ] OF THE ARTICLES OF ASSOCIATION OF THE

More information

Audit Committee Terms of Reference

Audit Committee Terms of Reference Superglass Holdings PLC 1 Membership Audit Committee Terms of Reference 1.1 The Board shall appoint the Committee Chairman who shall be an independent nonexecutive director. 1.2 Members of the Committee

More information

MINUTES OF THE 38 TH ANNUAL GENERAL MEETING

MINUTES OF THE 38 TH ANNUAL GENERAL MEETING MINUTES OF THE 38 TH ANNUAL GENERAL MEETING Minutes of the proceeding of the Annual General Meeting of the Maestros Mediline Systems Limited held at Hotel Celebrations, Plot No. L-1, Sector 19, Near Truck

More information

COMPANY ANNOUNCEMENT UNITED INTERNATIONAL ENTERPRISES LTD.

COMPANY ANNOUNCEMENT UNITED INTERNATIONAL ENTERPRISES LTD. COMPANY ANNOUNCEMENT UNITED INTERNATIONAL ENTERPRISES LTD. Plantations House H.C. Andersens Boulevard 49, 3 DK-1553 Copenhagen V Tel. + 45 33 93 33 30 Fax + 45 33 93 33 31 e-mail: uie@plantations.biz Company

More information

FIRST LIFE INSURANCE COMPANY LIMITED REPORT OF THE DIRECTORS TO THE SHAREHOLDERS OF FIRST LIFE INSURANCE COMPANY LIMITED

FIRST LIFE INSURANCE COMPANY LIMITED REPORT OF THE DIRECTORS TO THE SHAREHOLDERS OF FIRST LIFE INSURANCE COMPANY LIMITED FIRST LIFE INSURANCE COMPANY LIMITED REPORT OF THE DIRECTORS TO THE SHAREHOLDERS OF FIRST LIFE INSURANCE COMPANY LIMITED The Directors are pleased to present their report and audited accounts for the year

More information

JC GROUP HOLDINGS LIMITED (incorporated in the Cayman Islands with limited liability) (Stock Code: 8326) (the Company ) Audit Committee

JC GROUP HOLDINGS LIMITED (incorporated in the Cayman Islands with limited liability) (Stock Code: 8326) (the Company ) Audit Committee These terms of reference are prepared in English. In case of any inconsistency between the Chinese version and the English version, the English version shall prevail. JC GROUP HOLDINGS LIMITED (incorporated

More information

Corporate Governance Report

Corporate Governance Report The Company is committed to maintaining a high standard of corporate governance to enhance shareholders interests and promote sustainable development. The Company emphasises a quality board of directors

More information

CHEUNG KONG INFRASTRUCTURE HOLDINGS LIMITED AUDIT COMMITTEE - TERMS OF REFERENCE

CHEUNG KONG INFRASTRUCTURE HOLDINGS LIMITED AUDIT COMMITTEE - TERMS OF REFERENCE CHEUNG KONG INFRASTRUCTURE HOLDINGS LIMITED (Incorporated in Bermuda with limited liability) AUDIT COMMITTEE - TERMS OF REFERENCE Established on 11 th December, 1998 pursuant to the then Code on Corporate

More information

W. R. Berkley Corporation Reports Record Net Income of $545 Million for 2005; Fourth Quarter 2005 Net Income Up 44% to $167 Million

W. R. Berkley Corporation Reports Record Net Income of $545 Million for 2005; Fourth Quarter 2005 Net Income Up 44% to $167 Million W. R. Berkley Corporation Reports Record Net Income of $545 Million for 2005; Fourth Quarter 2005 Net Income Up 44% to $167 Million GREENWICH, Conn.--(BUSINESS WIRE)--Feb. 13, 2006--W. R. Berkley Corporation

More information

EVERCHINA INT L HOLDINGS COMPANY LIMITED (the Company ) Audit Committee

EVERCHINA INT L HOLDINGS COMPANY LIMITED (the Company ) Audit Committee EVERCHINA INT L HOLDINGS COMPANY LIMITED (the Company ) Audit Committee Terms of Reference (Amended & adopted by the Board on 8 January 2016) Constitution The board (the Board ) of directors (the Directors

More information

CHAIRMAN S REVIEW OVERVIEW BUSINESS OPERATIONS REVIEW

CHAIRMAN S REVIEW OVERVIEW BUSINESS OPERATIONS REVIEW ANNUAL REPORT 2013 PUBLIC BANK BERHAD 142 CHAIRMAN S REVIEW OVERVIEW 144 Highlights of 2013 145 Overall Business Environment 146 Summary of Group Financial Performance At a Glance Group Financial Summary

More information

TOKIO MARINE LIFE INSURANCE MALAYSIA BHD. (Incorporated in Malaysia)

TOKIO MARINE LIFE INSURANCE MALAYSIA BHD. (Incorporated in Malaysia) STATUTORY FINANCIAL STATEMENTS 31 DECEMBER 2013 2058A4/lh CONTENTS PAGE DIRECTORS REPORT 1-9 STATEMENT BY DIRECTORS 10 STATUTORY DECLARATION 10 INDEPENDENT AUDITORS REPORT 11-12 FINANCIAL STATEMENTS STATEMENT

More information

Hong Leong Bank Announces Second Quarter FY2012 Results

Hong Leong Bank Announces Second Quarter FY2012 Results For immediate release 27 February 2012 Hong Leong Bank Announces Second Quarter FY2012 Results Net profit after tax for 2Q FYE 30 June 2012 ( 2Q12 ) reached RM 381 million, a growth of 30% compared to

More information

THE CO-OPERATIVE BANK PLC NOMINATION COMMITTEE Terms of Reference

THE CO-OPERATIVE BANK PLC NOMINATION COMMITTEE Terms of Reference THE CO-OPERATIVE BANK PLC NOMINATION COMMITTEE Terms of Reference 1. Constitution The Nomination Committee (the Committee ) Terms of Reference were approved on 2 March 2016 by The Co-operative Bank plc

More information

Supplement No. 4 published with Gazette No. 16 of 11th August, 2003. INSURANCE LAW. (2003 Revision) INSURANCE (FORMS) REGULATIONS.

Supplement No. 4 published with Gazette No. 16 of 11th August, 2003. INSURANCE LAW. (2003 Revision) INSURANCE (FORMS) REGULATIONS. Supplement No. 4 published with Gazette No. 16 of 11th August, 2003. INSURANCE LAW Insurance (Forms) Regulations INSURANCE (FORMS) REGULATIONS Revised under the authority of the Law Revision Law (1999

More information

China Pacific Insurance (Group) Co., Ltd. Issue of 2010 Interim Results

China Pacific Insurance (Group) Co., Ltd. Issue of 2010 Interim Results China Pacific Insurance (Group) Co., Ltd. Issue of 2010 Interim Results Strong Growth of Insurance Business and Significant Increase in Operating Profit Shanghai, Hong Kong, 30 August 2010 China Pacific

More information

As at the date of this announcement, XOX has an issued and paid-up share capital of RM30,200,000 comprising 302,000,000 XOX Shares.

As at the date of this announcement, XOX has an issued and paid-up share capital of RM30,200,000 comprising 302,000,000 XOX Shares. XOX BHD ( XOX OR THE COMPANY ) PROPOSED PRIVATE PLACEMENT OF UP TO 30,200,000 NEW ORDINARY SHARES OF RM0.10 EACH IN XOX TO INDEPENDENT THIRD PARTY INVESTORS TO BE IDENTIFIED ( PROPOSED PRIVATE PLACEMENT

More information

CHINA PIONEER PHARMA HOLDINGS LIMITED

CHINA PIONEER PHARMA HOLDINGS LIMITED Purpose CHINA PIONEER PHARMA HOLDINGS LIMITED (Incorporated in the Cayman Islands with limited liability) (Stock Code: 01345) Terms of Reference for Audit Committee of the board of directors of the Company

More information

MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR THE COMPANY")

MALAYSIA BUILDING SOCIETY BERHAD (MBSB OR THE COMPANY) MALAYSIA BUILDING SOCIETY BERHAD ("MBSB" OR THE COMPANY") PROPOSED DISPOSAL OF PROPERTY TO WCT HARTANAH JAYA SDN. BHD., A WHOLLY OWNED SUBSIDIARY OF WCT LAND SDN BHD, WHICH IS IN TURN A WHOLLY OWNED SUBSIDIARY

More information

Malaysia. A company authorised under the Malaysian Insurance Act to carry out all insurance business other than life business.

Malaysia. A company authorised under the Malaysian Insurance Act to carry out all insurance business other than life business. Malaysia International Comparison of Insurance * May 2009 Malaysia General Insurance Definition Definition of property and casualty insurance company A company authorised under the Malaysian Insurance

More information

QIAN HU CORPORATION LIMITED (Company Registration No : 199806124N)

QIAN HU CORPORATION LIMITED (Company Registration No : 199806124N) QIAN HU CORPORATION LIMITED (Company Registration No : 199806124N) Minutes of the Seventh Annual General Meeting of the Company held at No. 71 Jalan Lekar, Singapore 698950 on Friday, 10 March 2006 at

More information

TERMS OF REFERENCE OF THE AUDIT COMMITTEE

TERMS OF REFERENCE OF THE AUDIT COMMITTEE MODERN DENTAL GROUP LIMITED (Incorporated in the Cayman Islands with limited liability) TERMS OF REFERENCE OF THE AUDIT COMMITTEE (adopted on 25 November 2015) 1 MODERN DENTAL GROUP LIMITED Terms of Reference

More information

(Incorporated in Bermuda with limited liability) (Stock Code : 75) TERMS OF REFERENCE OF AUDIT COMMITTEE DEFINITIONS

(Incorporated in Bermuda with limited liability) (Stock Code : 75) TERMS OF REFERENCE OF AUDIT COMMITTEE DEFINITIONS * (Incorporated in Bermuda with limited liability) (Stock Code : 75) TERMS OF REFERENCE OF AUDIT COMMITTEE DEFINITIONS In these terms of reference (the Terms ), if not inconsistent with the subject or

More information

ROAD KING INFRASTRUCTURE LIMITED (the Company ) Terms of Reference of the Audit Committee

ROAD KING INFRASTRUCTURE LIMITED (the Company ) Terms of Reference of the Audit Committee ROAD KING INFRASTRUCTURE LIMITED (the Company ) Terms of Reference of the Audit Committee Constitution 1. The Audit Committee (the Committee ) has been established by the Board of Directors (the Board

More information

QBE INSURANCE GROUP Annual General Meeting 2009. All amounts in Australian dollars unless otherwise stated.

QBE INSURANCE GROUP Annual General Meeting 2009. All amounts in Australian dollars unless otherwise stated. Annual General Meeting 2009 All amounts in Australian dollars unless otherwise stated. John Cloney Chairman 2 Results of proxy voting A total of 4,874 valid proxy forms were received. The respective votes

More information

Allianz Malaysia Berhad (12428-W) Financial Results 4Q 2015. Analyst Briefing 29 February 2016

Allianz Malaysia Berhad (12428-W) Financial Results 4Q 2015. Analyst Briefing 29 February 2016 Allianz Malaysia Berhad (12428-W) Financial Results 4Q 2015 Analyst Briefing 29 February 2016 1 AMB Group Results Allianz Malaysia Berhad (12428-W) Resilient Growth Operating revenue Group operating revenue

More information

INTERIM REPORT NESTLÉ (MALAYSIA) BERHAD ( W) (Incorporated in Malaysia)

INTERIM REPORT NESTLÉ (MALAYSIA) BERHAD ( W) (Incorporated in Malaysia) INTERIM REPORT NESTLÉ (MALAYSIA) BERHAD (110925-W) (Incorporated in Malaysia) The Directors are pleased to present the Interim Report for the period ended 31 March 2015 as follows: CONDENSED CONSOLIDATED

More information

Highlights of 1H FY2015 Results. November 18, 2015

Highlights of 1H FY2015 Results. November 18, 2015 Highlights of 1H FY2015 Results November 18, 2015 Table of Contents 1. Trend of business results 3. Domestic life insurance Summary of 1H FY2015 results 3 Overview of 1H FY2015 results Himawari Life 27

More information

IRE-TEX CORPORATION BERHAD (Company No: A)

IRE-TEX CORPORATION BERHAD (Company No: A) IRE-TEX CORPORATION BERHAD (Company No: 576121-A) BOARD CHARTER 1. OVERVIEW The Board of Directors ( Board ) of Ire-Tex Corporation Berhad ( the Company ) is committed towards ensuring good corporate governance

More information

ANNUAL MEETING ADDRESS. Remarks STEVE RODER SENIOR EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER. at the ANNUAL MEETING OF SHAREHOLDERS

ANNUAL MEETING ADDRESS. Remarks STEVE RODER SENIOR EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER. at the ANNUAL MEETING OF SHAREHOLDERS ANNUAL MEETING ADDRESS Remarks STEVE RODER SENIOR EXECUTIVE VICE PRESIDENT AND CHIEF FINANCIAL OFFICER at the ANNUAL MEETING OF SHAREHOLDERS Thursday, May 5, 2016 200 Bloor Street East Toronto As Delivered

More information

Group Financial Review

Group Financial Review Management Discussion and Analysis of Financial Statements. Fifth consecutive year of record performance for the Group. Simplified Income Statement RM Million +/- RM Million % Net interest income 2,065.9

More information

Life Insurance Corporation (Singapore)Pte Ltd UEN 201210695E MANAGEMENT REPORT 31/12/2014

Life Insurance Corporation (Singapore)Pte Ltd UEN 201210695E MANAGEMENT REPORT 31/12/2014 Life Insurance Corporation (Singapore)Pte Ltd UEN 201210695E MANAGEMENT REPORT 31/12/2014 LIFE INSURANCE CORPORATION (SINGAPORE) PTE. LTD. For the financial year from 1 January 2014 to 31 December 2014

More information

Report of the Directors (Continued)

Report of the Directors (Continued) The directors have pleasure in submitting their annual report together with the audited financial statements for the year ended 31 December 2001. PRINCIPAL ACTIVITIES The principal activity of the Company

More information

Case Study Millennium Underwriting Limited

Case Study Millennium Underwriting Limited Case Study Millennium Underwriting Limited TABLE OF CONTENTS 1. Case study Application for licensing of an insurance company 2. Legal constraints and regulations applying to the licensing of an insurance

More information

HK Electric Investments Limited

HK Electric Investments Limited HK Electric Investments Limited 港 燈 電 力 投 資 有 限 公 司 (Incorporated in the Cayman Islands with limited liability) together with HK Electric Investments (Stock Code: 2638) 1. Membership AUDIT COMMITTEE TERMS

More information

INTERIM RESULTS FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2015

INTERIM RESULTS FOR THE SIX MONTHS ENDED 30TH SEPTEMBER 2015 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

ANNOUNCEMENT OF THE RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING AND APPOINTMENT OF EXECUTIVE DIRECTOR AND VICE CHAIRMAN

ANNOUNCEMENT OF THE RESOLUTIONS PASSED AT THE ANNUAL GENERAL MEETING AND APPOINTMENT OF EXECUTIVE DIRECTOR AND VICE CHAIRMAN Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, making no representation as to its accuracy or completeness

More information

AUDIT COMMITTEE REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2016

AUDIT COMMITTEE REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2016 AUDIT COMMITTEE REPORT FOR THE FINANCIAL YEAR ENDED 31 MARCH 2016 MEMBERSHIP AND ATTENDANCE The Committee comprises the following Non-Executive Directors and details of attendance of each member at Committee

More information

NOTICE OF 38 TH ANNUAL GENERAL MEETING BURSA MALAYSIA BERHAD (30632-P) (Incorporated in Malaysia under the Companies Act, 1965)

NOTICE OF 38 TH ANNUAL GENERAL MEETING BURSA MALAYSIA BERHAD (30632-P) (Incorporated in Malaysia under the Companies Act, 1965) NOTICE OF 38 TH ANNUAL GENERAL MEETING BURSA MALAYSIA BERHAD (30632-P) (Incorporated in Malaysia under the Companies Act, 1965) NOTICE IS HEREBY GIVEN THAT the 38 th Annual General Meeting (AGM) of Bursa

More information

THE GROUP S CODE OF CORPORATE GOVERNANCE

THE GROUP S CODE OF CORPORATE GOVERNANCE THE GROUP S CODE OF CORPORATE GOVERNANCE REVISED SEPTEMBER 2012 CONTENTS INTRODUCTION..... p. 4 A) RULES OF OPERATION OF UNIPOL GRUPPO FINANZIARIO S.p.A. s MANAGEMENT BODIES....... p. 6 A.1 BOARD OF DIRECTORS....

More information

Thames Water Utilities Cayman Finance Limited. Annual report and voluntary financial statements for the year ended 31 March 2009

Thames Water Utilities Cayman Finance Limited. Annual report and voluntary financial statements for the year ended 31 March 2009 Thames Water Utilities Cayman Finance Limited Annual report and voluntary financial statements for the year ended 31 March Registered no: MC-187772 (Cayman Islands) Thames Water Utilities Cayman Finance

More information

AMERISAFE INC FORM 8-K. (Current report filing) Filed 04/29/15 for the Period Ending 04/29/15

AMERISAFE INC FORM 8-K. (Current report filing) Filed 04/29/15 for the Period Ending 04/29/15 AMERISAFE INC FORM 8-K (Current report filing) Filed 04/29/15 for the Period Ending 04/29/15 Address 2301 HIGHWAY 190 WEST DERIDDER, LA 70634 Telephone 337-463-9052 CIK 0001018979 Symbol AMSF SIC Code

More information

SOLUTION ENGINEERING HOLDINGS BERHAD ( SOLUTION OR THE COMPANY )

SOLUTION ENGINEERING HOLDINGS BERHAD ( SOLUTION OR THE COMPANY ) SOLUTION ENGINEERING HOLDINGS BERHAD ( SOLUTION OR THE COMPANY ) (I) (II) PROPOSED BONUS ISSUE PROPOSED AMENDMENTS 1. INTRODUCTION On behalf of the Board of Directors of Solution ( Board ), OSK Investment

More information

NOTICE OF THE ANNUAL GENERAL MEETING

NOTICE OF THE ANNUAL GENERAL MEETING NOTICE OF THE ANNUAL GENERAL MEETING NOTICE IS HEREBY GIVEN THAT THE SEVENTH ANNUAL GENERAL MEETING OF THE MEMBERS OF VE COMMERCIAL VEHICLES LIMITED WILL BE HELD AT 2.00 P.M. ON MONDAY, FEBRUARY 23, 2015

More information

GUIDELINES ON APPLICATION FOR FINANCIAL ADVISER S LICENCE UNDER THE INSURANCE ACT 1996

GUIDELINES ON APPLICATION FOR FINANCIAL ADVISER S LICENCE UNDER THE INSURANCE ACT 1996 GUIDELINES ON APPLICATION FOR FINANCIAL ADVISER S LICENCE UNDER THE INSURANCE ACT 1996 Revised Date 18 September 2007 Issued by: Consumer and Market Conduct Department 2 GUIDELINES ON APPLICATION FOR FINANCIAL

More information

THE COMPANIES ACT 2006 COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL ARTICLES OF ASSOCIATION SHELTERBOX TRUST. Companies Act 2006

THE COMPANIES ACT 2006 COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL ARTICLES OF ASSOCIATION SHELTERBOX TRUST. Companies Act 2006 Company No: 04612652 Charity No: 1096479 THE COMPANIES ACT 2006 COMPANY LIMITED BY GUARANTEE AND NOT HAVING A SHARE CAPITAL ARTICLES OF ASSOCIATION OF SHELTERBOX TRUST Companies Act 2006 Company limited

More information

Ordina does not have a one-tier board. In view of the above, a limited number of the Code s best practices do not apply.

Ordina does not have a one-tier board. In view of the above, a limited number of the Code s best practices do not apply. CORPORATE GOVERNANCE STATEMENT This is a statement regarding corporate governance as meant in article 2a of the decree on additional requirements for annual reports (Vaststellingsbesluit nadere voorschriften

More information

Audit Committee means the audit committee established by resolution of the Board in accordance with clause 2 of these Terms.

Audit Committee means the audit committee established by resolution of the Board in accordance with clause 2 of these Terms. CHINA RESOURCES CEMENT HOLDINGS LIMITED Terms of Reference for Audit Committee (adopted on 2 September 2009 and amended on 29 February 2012 and 4 May 2012) Definitions 1. For the purposes of these terms

More information

Rules of Procedure for the Board of Directors of Novo Nordisk A/S

Rules of Procedure for the Board of Directors of Novo Nordisk A/S Rules of Procedure for the Board of Directors of Novo Nordisk A/S CVR no. 24 25 67 90 RULES OF PROCEDURE FOR THE BOARD OF DIRECTORS OF NOVO NORDISK A/S 9 DEC 2015 1 OF 11 Whereas whereas whereas whereas

More information

CIMB GROUP HOLDINGS BERHAD (Company No W)

CIMB GROUP HOLDINGS BERHAD (Company No W) CIMB GROUP HOLDINGS BERHAD (Company No. 50841-W) Minutes of the Fifty-Seventh (57 th ) Annual General Meeting of CIMB Group Holdings Berhad ( CIMB or the Company ) held at the Grand Ballroom, Level 1,

More information

ES CERAMICS TECHNOLOGY BHD ( ES CERAMICS OR THE COMPANY )

ES CERAMICS TECHNOLOGY BHD ( ES CERAMICS OR THE COMPANY ) ES CERAMICS TECHNOLOGY BHD ( ES CERAMICS OR THE COMPANY ) PROPOSED ISSUANCE OF SHARES TO THE BUMIPUTERA INVESTORS TO COMPLY WITH THE BUMIPUTERA EQUITY CONDITION ( PROPOSED BUMIPUTERA ISSUE ) 1. INTRODUCTION

More information

2.1.2 The Board has delegated responsibility for overall management of the Group to the Group Managing Director.

2.1.2 The Board has delegated responsibility for overall management of the Group to the Group Managing Director. NATIONAL COMMERCIAL BANK JAMAICA LIMITED BOARD CHARTER National Commercial Bank Jamaica Limited has adopted the following Charter to guide the Bank and its subsidiaries ( The Group ) in the execution of

More information

Policy: Board Charter. Department: Legal & Compliance. Document No. : MAA/LC/SOP/03 Issue: 01 Revision:00 Effective Date: 19 November 2014

Policy: Board Charter. Department: Legal & Compliance. Document No. : MAA/LC/SOP/03 Issue: 01 Revision:00 Effective Date: 19 November 2014 Policy: Board Charter Department: Legal & Compliance Document No. : MAA/LC/SOP/03 Issue: 01 Revision:00 Effective Date: 19 November 2014 Record of Amendments Issue Date Page 1 RECORD OF AMENDM ENTS Issue

More information

ICO GROUP LIMITED 揚 科 集 團 有 限 公 司

ICO GROUP LIMITED 揚 科 集 團 有 限 公 司 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

DIRECTORS REPORT AND STATUTORY FINANCIAL STATEMENTS

DIRECTORS REPORT AND STATUTORY FINANCIAL STATEMENTS DIRECTORS REPORT AND STATUTORY FINANCIAL STATEMENTS FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2010 CONTENTS PAGE Directors report 1 16 Statement by directors 17 Statutory declaration 17 Independent auditors'

More information

Directors: Mr. Rakesh Bharti Mittal - CEO (International) & Joint Managing Director - Chairman of Audit Committee

Directors: Mr. Rakesh Bharti Mittal - CEO (International) & Joint Managing Director - Chairman of Audit Committee MINUTES OF THE FIFTEENTH ANNUAL GENERAL MEETING OF THE MEMBERS OF BHARTI AIRTEL LIMITED HELD ON WEDNESDAY, 01 st DAY OF SEPTEMBER 2010 AT 3.30 P.M. AT AIR FORCE AUDITORIUM, SUBROTO PARK, NEW DELHI 110

More information

Corporate Governance Report

Corporate Governance Report Hexagon is a listed company on NASDAQ OMX Stockholm. The company applies a transparent approach to the dissemination of information to shareholders and capital markets and applies the Swedish Code of Corporate

More information

The Tender Offer does not correspond to tender offers as stipulated in Article 27, Section 2-1 of Japan s Financial Instruments and Exchange Law.

The Tender Offer does not correspond to tender offers as stipulated in Article 27, Section 2-1 of Japan s Financial Instruments and Exchange Law. February10, 2015 Canon Inc. Chairman & CEO: Fujio Mitarai Securities code: 7751 [Tokyo (First section) and other Stock Exchanges] Inquiries: Shinichi Aoyama General Manager Consolidated Accounting Division

More information

All the Directors were present. 82 other members including 1 proxy were present. Date of entry in minutes book 15.09.2016

All the Directors were present. 82 other members including 1 proxy were present. Date of entry in minutes book 15.09.2016 The minutes of the Forty Seventh Annual General Meeting of the members of M/s. Pidilite Industries Limited held on Friday, the 2 nd September, 2016 which commenced at 11.00 a.m. and concluded at 12.25

More information

Third Quarterly Report 2015. KPa-BM Holdings Limited. (incorporated in the Cayman Islands with limited liability) Stock code: 8141

Third Quarterly Report 2015. KPa-BM Holdings Limited. (incorporated in the Cayman Islands with limited liability) Stock code: 8141 KPa-BM Holdings Limited (incorporated in the Cayman Islands with limited liability) Stock code: 8141 Third Quarterly Report 2015 For identification purpose only CHARACTERISTICS OF THE GROWTH ENTERPRISE

More information

TERMS OF REFERENCE OF AUDIT COMMITTEE

TERMS OF REFERENCE OF AUDIT COMMITTEE (Incorporated in Bermuda with limited liability) (Stock Code: 00618) TERMS OF REFERENCE OF AUDIT COMMITTEE (Amended and adopted by the Board on 5 February 2016) 1. Membership 1.1 The Audit Committee shall

More information

Notion VTec Berhad (Company No. 637546-D) Board Charter

Notion VTec Berhad (Company No. 637546-D) Board Charter 1. Introduction In achieving the objectives of transparency, accountability and effective performance for Notion VTec Berhad ( Notion or the Company ) and its subsidiaries ( the Group ), the enhancement

More information

CHINA VANKE CO., LTD. * 萬 科 企 業 股 份 有 限 公 司

CHINA VANKE CO., LTD. * 萬 科 企 業 股 份 有 限 公 司 Hong Kong Exchanges and Clearing Limited and The Stock Exchange of Hong Kong Limited take no responsibility for the contents of this announcement, make no representation as to its accuracy or completeness

More information

KPa-BM Holdings Limited *

KPa-BM Holdings Limited * KPa-BM Holdings Limited * (incorporated in the Cayman Islands with limited liability) (Stock code: 8141) THIRD QUARTERLY RESULTS ANNOUNCEMENT FOR THE NINE MONTHS ENDED 31 DECEMBER 2015 CHARACTERISTICS

More information

Nexteer Automotive Group Limited

Nexteer Automotive Group Limited Nexteer Automotive Group Limited (Incorporated under the laws of the Cayman Islands with limited liability) (Stock Code: 1316) Terms of Reference for the Audit and Compliance Committee of Nexteer Automotive

More information

(6463-H) 2013 Annual Report. Safeguarding. Our Brand Value

(6463-H) 2013 Annual Report. Safeguarding. Our Brand Value (6463-H) 2013 Annual Report Safeguarding Our Brand Value Safeguarding Our Brand Value As the global economy moves amidst challenges, we continue to enhance value whilst safeguarding the integrity of what

More information

Property/Casualty Insurance Results: 2015

Property/Casualty Insurance Results: 2015 Property/Casualty Insurance Results: 2015 By Beth Fitzgerald, President, ISO Solutions, and Robert Gordon, Senior Vice President, Policy Development and Research, PCI Private U.S. property/casualty insurers

More information