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30
ANNUAL REPORT
2012
CORPORATE GOVERNANCE
REPORT
The directors’ attendance at Board Meetings and Committee meetings for the year to 31 December 2012 is as
follows:
Board
Telephone
Board
Meeting
Audit
Committee
Telephone
Audit
Committee
Unit Option
Scheme
Committee
Telephone
Unit Option
Scheme
Committee
Number of meetings
9
13
6
1
3
1
Mr. Graham Sugden*
5
9
3
0
2
1
Mr. Richard Barrett
9
13
N/A
N/A
N/A
N/A
Mr. Xu Sitao*
5
9
2
0
2
1
Mr. Richard David
9
13
N/A
N/A
N/A
N/A
Mr. Rory Williams
9
13
N/A
N/A
N/A
N/A
Mr. Yoon Wai Nam**
4
6
2
0
2
1
Dr Tan Khee Giap
9
5
6
0
2
1
Mr. Ray Horney***
5
4
4
1
1
0
Mr. Jen Shek Voon***
5
5
4
1
1
0
Mr. Stuart Leckie***
5
5
4
1
1
0
* Mr. Sugden and Mr. Xu were appointed as directors on 18 May 2012.
** Mr. Yoon Wai Nam was appointed as a director on 25 July 2012.
*** Mr. Horney, Mr. Jen and Mr. Leckie were vacated from office on 25 July 2012. Please see COCG2 for further
details.
None of the directors appointed an alternate to act on their behalf during the year ended 31 December 2012.
In order to assist the directors in carrying out their duties, information relating to new legislation, regulations,
changes to the SGX-ST Listing Manual and any other relevant matters are reported to the Board at the quarterly
meetings by the company secretary. In addition to these, updates and briefings are provided to the Board from
time to time by the Trust’s professional advisers.
The directors are informed by the company secretary of the availability of appropriate courses which they may
attend to update their knowledge. All new directors are provided with information by the company secretary
on various courses which they may attend to assist them in their new role, as well as a one to one briefing with
Forterra’s legal advisers on Business Trusts.
During the year, all new directors have received briefings from the legal advisers on Business Trusts as well as
one to one corporate governance briefings with Forterra’s auditors. In addition, where directors have considered
it beneficial, they have attended a number of the SGX-SID Listed Company Director program courses held by
the Singapore Institute of Directors in conjunction with the SGX-ST.
Upon appointment, each director is provided with a formal letter setting out their duties and obligations to the
Trustee-Manager and Forterra.