44 / 132
42
EC World Real Estate Investment Trust ANNUAL REPORT 2016
Attendance Record of Meetings in FY2016
Audit and Risk
Committee Meetings
Nominating and
Remuneration Committee
Board
of Directors
Name of Director
No. of
Meetings
Held*
No. of
Meetings
Attended
No. of
Meetings
Held*
No. of
Meetings
Attended
No. of
Meetings
Held*
No. of
Meetings
Attended
Mr Zhang Guobiao
–
–
1
1
2
2
Mr Chan Heng Wing
–
–
1
1
2
2
Mr Wong See Hong
1
1
–
–
2
2
Mr Chia Yew Boon
1
1
1
1
2
2
Mr Li Guosheng
1
1
1
1
2
2
Mr Lai Hock Meng
–
–
–
–
2
2
Mr Alvin Cheng Yu-Dong
1
–
–
–
–
–
–
Mr Goh Toh Sim
–
–
–
–
2
2
*
Number of meetings held for the period from 28 July 2016 (listing date of ECW on SGX-ST) to 31 December 2016.
1
Mr Alvin Cheng Yu-Dong was appointed as an Executive Director on 20 January 2017.
Board Performance
Principle 5:
Formal annual assessment of the effectiveness of the Board as awhole and its BoardCommittees and the contribution
by each director to the effectiveness of the Board
The Board has put in place a formal system of evaluating Board performance and assessing the effectiveness of the
Board, the Board Committees and the individual Directors through the use of performance evaluation forms.
The evaluation of Board’s performance as a whole deals with matters on Board composition, information, process,
accountability, risk and internal controls and standards of conduct. The Board Committees’ evaluation deals with the
efficiency and effectiveness of each Board Committee in assisting the Board. The criteria for the evaluation of individual
Directors include, amongst others, the Directors’ attendance and participation at Board and Board Committee meetings,
understanding of business plans and strategies, and ability to articulate thoughts and opinions in a clear and concise
manner.
Each Director is required to complete the evaluation forms, and then return them to the company secretary of the
Manager (“Company Secretary”). The Company Secretary will compile the summary of the results of the evaluation and
tables the summary at the NRC meeting for the NRC’s review.
The performance evaluation of the Board, Board Committees and individual Director in respect of FY2016 was carried
out in January 2017. The NRC was satisfied with the Board, Board Committees and Individual Directors’ performance
evaluation results which indicate each and every Director had demonstrated commitment and had contributed to
the effective functioning of the Board and the Board Committees. Individual Directors have recommended means to
further enhance the Board. The NRC had discussed the results and recommendations with the Board who agreed to
work on further enhancement areas.
Corporate
Governance