Strength & Stability - ECS Holdings Limited

The Board intends to hold about four meetings each year and shall also hold informal meetings regularly. The Company’s Articles of
Association provide for telephonic and videoconference meetings. The number of Board meetings held since the date of the last annual
report, as well as the attendance of every Board member at those meetings is as follows:
DIRECTORS’ ATTENDANCE AT BOARD MEETINGS
Board Member
Board
No. of Meetings Attended
Li Jia Lin (appointed on 31 December 2007) 4 3
Liu Wei 4 3
Tay Eng Hoe 4 4
Narong Intanate 4 4
Foo Sen Chin 4 4
Leong Horn Kee 4 4
Tan Hup Foi 4 4
Koh Soo Keong (appointed on 11 February 2008) 4 4
Board Composition and Guidance
Principle 2 :
There should be a strong and independent element on the Board, which is able to exercise objective judgement on corporate
affairs independently, in particular, from Management. No individual or small group of individuals should be allowed to
dominate the Board’s decision making.
The Board comprises eight directors of which five are non-executive directors (including three independent directors) and three executive
directors. The Company places great importance on the quality of its Board of Directors. The Group achieves this by appointing to its
Board highly respected individuals and prominent leaders in their respective professions. The Board comprises individuals with proven
track record in the public and/or corporate sector, and each is a highly respected member of the business community. As a group, they
provide core competencies such as accounting or finance, business or management experience, industry knowledge, strategic planning and
customer-based experience or knowledge. Key information regarding the directors is given in the Board of Directors section on pages 20 to
22 of the annual report.
Chairman and Chief Executive Officer
Principle 3 :
There should be a clear division of responsibilities at the top of the company - the working of the Board and the executive
responsibility of the company’s business - which will ensure a balance of power and authority, such that no one individual
represents a considerable concentration of power.
Mr Li Jia Lin, a non-executive director, is the Chairman of the Company and Mr Tay Eng Hoe is the Group CEO. They each perform separate
functions to ensure that there is an appropriate balance of power and authority, and that accountability and independent decision-making
are not compromised. The Chairman is responsible for the functioning of the Board. The Group CEO has full executive responsibilities
over the running of the Group's business, the business direction and operational decisions of the Group. No individual or small group of
individuals dominate the Board's decision making process.
Corporate
Governance Statement
Annual Report 2008
p.
31