ANNUAL%20REPORT%202015%20eng

Corporate Governance Report
AUDITOR’S REMUNERATION
The remuneration paid to the external auditor of the Company in respect of audit services and non-audit services
for the year ended 31 December 2015 amounted to USD536,000 and USD9,161.52 respectively.
An analysis of the remuneration paid to the external auditor of the Company, KPMG, in respect of audit services
and non-audit services for the year ended 31 December 2015 is set out below:
Table 21. Remuneration paid to the external auditor of the Company
Service Category
Audit Services
Non-audit Services 1
Fees Paid/
Payable
USD536,000
USD9,161
USD545,161
1 including the fees for tax services
INTERNAL CONTROLS
During the year under review, the Board conducted a review of the effectiveness of the internal control system
of the Company and its subsidiaries, including financial, operational and compliance controls, risk management
functions, the adequacy of resources, staff qualifications and experience, training programmes and budget of the
Company’s accounting and financial reporting function.
COMPANY SECRETARY
Ms. Ng Sin Yee, Clare of Tricor Services Limited, external service provider, has been engaged by the Company
as the Company Secretary. Her primary contact persons in the Company are Dr. Battsengel Gotov, executive
Director and Chief Executive Officer and Ms. Uurtsaikh Dorjgotov, Executive Vice President and Chief Legal Officer
of the Company.
During the year ended 31 December 2015, Ms. Ng has complied with the professional training requirement of
taking no less than 15 hours of relevant professional training as set out in Rule 3.29 of the Listing Rules.
Annual Report 2015
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