wouldbe briefedon theGroup’s
industry, business operations,
governance practices and
expectedduties of aDirector of a
listed company. Newly appointed
Directorswill receive an induction
pack containing theCompany’s
latest annual report, information
anddocuments relating to role
and responsibilities of a director,
relevant company policies and
procedures and regulatory
guidelines relevant to theGroup as
well as a boardmeeting calendar
for the year. Directorswithno
prior experience as a director of a
listed companywill be encouraged
to attend the ListedCompany
Director Programme conducted
by the Singapore Instituteof
Directors (“SID”). Formal letters of
appointment will be furnished to
any newly appointedDirectors,
settingout amongother
matters, the key terms of their
appointment, obligations, duties
and responsibilities as amember
of theBoard. NonewDirector
was appointed in 2017.
Where appropriate, theDirectors
are providedwithupdates on
changes in laws and regulations,
which are relevant to theGroup.
In addition, theDirectors are also
encouraged to attend relevant
trainingprogrammes, seminars
andworkshops to enhance their
skills and knowledge, at the
expenseof theCompany.
News releases issuedby the
Singapore Exchange Securities
Trading Limited (“SGX-ST”) and
Accounting andCorporate
Regulatory Authority, which are
relevant to theDirectors are
circulated to theBoard. The
Company Secretary also keeps the
Directors informedof upcoming
conferences and seminars such
as those conductedby the SID.
The external auditors regularly
update theAC and theBoardon
newor revised financial reporting
standardswhich are relevant and
applicable to theGroup.
TheNC reviews andmakes
recommendations on the training
andprofessional development
program to theBoard. TheBoard
was apprisedof the training
programmes attendedby the
Directors in 2017.
CORPORATEGOVERNANCE
REPORT
Sustainability
BAKER
Technology
L IMI TED
THE BE ST
I N US
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