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Corporate Governance
Nominating Committee
The Nominating Committee was set up in October 2009 to make recommendations to the Board in the appointment of
Directors to the Board and its committees for the approval of the shareholder of AFM. The members of the Nominating
Committee are Mr David Wong (Chairman), Ms Chong Siak Ching and Mr Chia Kim Huat.
Meeting Attendance
The attendance at the Board, Audit Committee and Executive Committee meetings for FY09/10 is set out below.
Board
No. of meeting held: 9
Attended
Audit Committee
No. of meetings held: 4
Attended
Executive Committee
No. of meetings held: 2
Attended
Mr David Wong Cheong Fook 9/9 - -
Ms Chong Siak Ching 7/9 - 2/2
Mr Benedict Kwek^ 5/5 2/2 -
Mr Swee Kee Siong^ 4/5 - 1/1
Mr Joseph Chen Seow Chan 9/9 4/4 -
Mr Chia Kim Huat 9/9 4/4 2/2
Mr Koh Soo Keong* 4/4 2/2 -
Mr Henry Tan Song Kok* 3/4 2/2 -
Mrs Monica Tomlin* 4/4 - 1/1
Mr Tan Ser Ping 9/9 4/4 # 2/2
^ Mr Benedict Kwek and Mr Swee Kee Siong were appointed to the Board in June 2002 and April 2002 respectively and retired in September 2009.
5 Board meetings, 2 Audit Committee meetings and 1 Executive Committee meeting were held before their retirement.
* Mr Koh Soo Keong, Mr Henry Tan Song Kok and Mrs Monica Tomlin were appointed as Directors on 15 September 2009. The number of Board,
Audit Committee and Executive Committee meetings held since their appointment was 4, 2 and 1 respectively.
# Attend in capacity as CEO.
Board Remuneration
The remuneration of Directors is paid by the Manager, and not A-REIT.
Internal Audit
In order to ensure corporate governance of the highest standard, the Audit Committee contracts an independent third
party to provide Internal Audit services. Deloitte & Touche Enterprise Risk Services Pte Ltd (“Deloitte”) was the Internal
Auditor from April 2006 to end March 2010.
Deloitte’s scope is to provide risk assessment services and compliance audits in order to ensure internal controls are
aligned to business objectives and in place to address related risks.
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