Annual Report - Bina Puri

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Corporate Governance Statement (Cont’d)(d)(e)(f)(g)Group Executive CommitteeThe Group Executive Committee was established in January 1997 and its members consist of Executive Directors.The Group Executive Committee facilitates timely and appropriate decision-making within the framework ofachieving the Corporate Vision and Mission of Bina Puri Group.Audit CommitteeThe Audit Committee was established in June 1995. Please refer to the Audit Committee report in pages 22 to 24.Nomination CommitteeThe Board has set up a Nomination Committee represented by Non-Executive Directors, all of whom areindependent.The Nomination Committee would be responsible to nominate to the Board individuals as Directorsand assess the Directors on an ongoing basis to exercise effectiveness in the decision-making of the Directors.Remuneration CommitteeThe Board has set up a Remuneration Committee comprising Non-Executive Directors as majority. TheRemuneration Committee would be responsible to recommend to the Board the remuneration packages of theDirectors.The Directors concerned shall abstain from voting in respect of the individual’s remuneration.The details of remuneration of Directors during the financial year ended 31 December 2007 are as follows:i. Aggregate remuneration of directors categorised into appropriate components:EPF/ Benefits-In RM ‘000 Salaries Fees Bonus Socso in-kind TotalExecutive Directors 1,447 37 286 150 55 1,975Non-Executive Directors 468 206 56 64 27 821Total 1,915 243 342 214 82 2,796ii.Aggregate remuneration of each DirectorRange of remunerationNo. of DirectorsExecutive Non-ExecutiveRM0 - RM50,000RM50,001 - RM100,000 3RM100,001 - RM150,000RM150,001 - RM200,000RM200,001 - RM250,000 1RM250,001 - RM300,000RM300,001 - RM350,000RM350,001 - RM400,000RM400,001 - RM450,000 1RM450,001 - RM500,000RM500,001 - RM550,000 1RM550,001 - RM600,000RM600,001 - RM650,000RM650,001 - RM700,000 1RM700,001 - RM750,000RM750,001 - RM800,000 1Total 3 526 BINA PURI HOLDINGS BHDAnnual Report 2007
Corporate Governance Statement (Cont’d)(h)ESOS CommitteeThe ESOS Committee was established on 20 November 2003 and is responsible for administering the ESOS of theCompany.(i)Directors’ TrainingAll members of the Board have completed the Mandatory Accreditation Programme prescribed by the BursaMalaysia Securities Berhad. During the year, all the Directors attended training endorsed by Bursa MalaysiaSecurities Berhad.The training programmes attended by the directors during the year 2007 are as follows:-1. Forensic Accounting and Investigation2. Regional Conference 2007 - Southern Malaysia : Driving Regional Economic Growth3. The Malaysian Code on Take-Overs and Mergers : Issues and Challenges4. The Practical Aspects in conducting General Meeting of Public Listed Companies5. Audit Committee Role and Internal Audit Function6. Corporate Governance and Media7. Adopting Corporate Social Responsibility Initiatives2. SUPPLY OF INFORMATIONAll Board Members are provided with Board Papers, which include operational, financial and corporate information toenable the Board to discharge its duties effectively.The Directors have access to members of the senior management team and the advice and services of the GroupCompany Secretary.3. ACCOUNTABILITY AND AUDIT(a)Financial ReportingThe Board aims to present a balanced and understandable assessment of the Group’s position and prospects.TheCompany has used appropriate accounting policies, consistently applied and supported by reasonable judgementand estimates.(b)Internal ControlThe statement on internal control is set out in pages 30 and 31 of the Annual Report.(c)Relationship with AuditorsThe functions of the Audit Committee in relation to the external auditors are disclosed in page 23 of the AnnualReport.BINA PURI HOLDINGS BHDAnnual Report 200727
Page 2 and 3: MISSION• To be a world class orga
Page 4: Notice of Annual General MeetingNOT
Page 7 and 8: Corporate InformationBOARD OF DIREC
Page 10 and 11: Profile of Directors (Cont’d)Henr
Page 12 and 13: Executive Chairman’sStatementDato
Page 14 and 15: Executive Chairman’s Statement (C
Page 16 and 17: Review of Operations (Cont’d)OVER
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Page 20 and 21: Group Financial Highlights2007 2006
Page 22 and 23: Calendar of Events 2007-2008 (Cont
Page 24 and 25: Audit Committee ReportMember of the
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Page 30 and 31: Corporate Governance Statement (Con
Page 32 and 33: Internal Control StatementThe Malay
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Page 36 and 37: Directors’ ReportFor the year end
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Page 42 and 43: Balance Sheets31 December 2007Group
Page 44 and 45: Income StatementsFor the year ended
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Statement by DirectorsIn the opinio
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Thirty Largest ShareholdersAs at 31
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List of Properties 31 December 2007
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Group Corporate DirectoryBINA PURI
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Annual Report - Bina Puri

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