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Corporate Governance cont’dTHE BOARD OF DIRECTORS cont’dBoard Meetings cont’dEight Board meetings were held during the financial year ended 30 June 2007. The attendance record of each Director since the lastfinancial year is as follows:Total Numberof MeetingsNumber ofMeetingsAttendedExecutive DirectorsTan Sri Dato’ Lee Shin Cheng 8 6Dato’ Lee Yeow Chor 8 8Dato’ Yeo How 8 7Lee Cheng Leang 8 8Non-Executive DirectorsDatuk Hj Mohd Khalil b Dato’ Hj Mohd Noor 8 8Chan Fong Ann 8 8Datuk Khalid b Hj Husin (Resigned on 11 April 2007) 6 6Supply of InformationAll Board members are supplied with information in a timely manner. Board reports are circulated prior to the Board meetings to enablethe Directors to obtain further information and explanation, where necessary, before the meetings.The Board reports provide, amongst others, periodical financial and corporate information, significant operational, financial andcorporate issues, performance of the various business units and management proposals that require Board’s approval.Detailed periodic briefings on industry outlook, company performance and forward previews (forecasts) are also conducted for thedirectors to ensure the Board is well informed of the latest market and industry trend and development.The Board has the services of two Company Secretaries who are responsible to the Board for ensuring that all Board procedures arefollowed and that applicable laws and regulations are complied with. These include obligations on Directors relating to disclosure ofinterests and disclosure of any conflict of interests in transactions with the Group. The Company Secretaries are also charged withhighlighting all issues which they feel ought to be brought to the Board’s attention. Besides Company Secretaries, independent directorsalso have unfettered access to the financial and legal officers as well as the internal auditors of the Company.In exercising their duties, Board committees are entitled to obtain professional opinions or advice from external consultants such asmerchant bankers, valuers, human resource consultants, etc.73ANNUAL REPORT 2007IOI Corporation Berhad
Corporate Governance cont’dTHE BOARD OF DIRECTORS cont’dTraining and Development of DirectorsTraining needs as deemed appropriate by individual Board members are provided. Board members keep abreast with general economic,industry and technical developments by their attendances of various appropriate conferences, seminars and briefings.During the year, members of the Board have attended various training programmes. Besides attending, some Board members have alsoactively contributed by presenting papers at various conferences and training seminars.Training Programmes, Seminars and Briefings attended by DirectorsOn Risk Management and Financial Reporting• The Malaysian Institute of Certified Public Accountants (“MICPA”) Business Forum• National Accountants Conference (NAC) 2006 organised by Malaysian Institute of Accountants• MIA Regional Conference 2006• Seminars on various Financial Reporting StandardsOn Other Areas• CFO Summit 2006“CFOs in Leadership – Drivers of Future Corporations” (organised by ASLI)• Presentation on World Economy – In the Middle of the Longest Recovery Ever(by Professor Norbert Walters, Chief Economist of Deutsche Bank Group)• National Institute of Oil Seed Products (NIOP)• 2007 Leadership Forum by Bloomberg Television• Citigroup Asia Pacific Business Leader Summit• Bursa Malaysia Invest Malaysia 2007• Asia Pacific Property Conference 2007• CEP Training Course – Key Performance Indicators as a Management Tool• CEP Training Course – Corporate Governance and Media• Building and Leading a High Performance Culture – Succeeding in an Increasingly Competitive World• Palm and Lauric Oils Conference and Exhibition Price Outlook 2007/2008 by Bursa MalaysiaAppointment to the BoardThe Nominating Committee of the Company comprises the independent directors. The Committee is responsible for making recommendationsfor any appointments to the Board. In making these recommendations, the Nominating Committee considers the required mix of skillsand experience which the Directors should bring to the Board. Any new nomination received is put to the full Board for assessment andendorsement. No nominations were received during the year.IOI Corporation BerhadANNUAL REPORT 2007 74
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Our Vision... is to be a leading co
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Chairman’s StatementDear Valued S
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Responsibility“ Today, more than
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Group Performance Highlights2007 20
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Efficiency“The future belongs to
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Management’s Discussion and Analy
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Management’s Discussion and Analy
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Page 95 and 96: Global PresenceNORTH AMERICA• USA
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Page 99 and 100: Corporate CalendarNov 2006• IOI P
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Statements Of Changes In Equity con
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Statements Of Changes In Equity con
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Cash Flow Statements cont’dfor th
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Notes To The Financial Statements c
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Statement By DirectorsIn the opinio
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Group PropertiesA. PLANTATION ESTAT
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Group Properties cont’dA. PLANTAT
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Group Properties cont’dB. DEVELOP
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Group Properties cont’dC. INVESTM
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Group Properties cont’dD. INDUSTR
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Group Properties cont’dE. OTHER P
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Notice of Annual General MeetingNOT
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Notice of Annual General Meeting co
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Statement Accompanying Noticeof Ann
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Shareholders Information cont’das
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fold herestampThe Company Secretary
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Eng - IOI Group

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