Page 26 - ar2012

CORPORATE GOVERNANCE
Since the listing of the Company up to the date of this report, the frequency of meetings and the attendance of each director at
every Board and Board committee meetings are disclosed in the table reflected below:
Attendance Report of Directors
Board
Audit
Committee
Nominating
Committee
Remuneration
Committee
No. of
Meetings
Held
No. of
Meetings
Attended
No. of
Meetings
Held
No. of
Meetings
Attended
No. of
Meetings
Held
No. of
Meetings
Attended
No. of
Meetings
Held
No. of
Meetings
Attended
David Alan Perry 1 1 1* 1* 1 1 1* 1*
Wong Lok Hiong 1 1 1* 1* 1* 1* 1* 1*
Tan Teng Muan 1 1 1 1 1 1 1 1
Ho Yew Mun 1 1 1 1 1 1 1 1
Leow Wee Kia Clement 1 1 1 1 1 1 1 1
* Note: By Invitation
Training
The Company will conduct briefing and orientation programs for new directors to familiarise themselves with the Company’s
structure and organisation, businesses and governance policies. Upon appointment, each newly appointed director will be
given briefings by the Executive Chairman and Chief Executive Officer and/or senior Management of the Company on the
business activities of the Group and its strategic directions, as well as their duties and responsibilities as directors. The aim of the
orientation program will be to give directors a better understanding of the Company’s businesses and allow them to assimilate
into their new roles.
New directors are also informed about matters such as the Code of Dealing in the Company’s shares. Changes to regulations
and accounting standards are monitored closely by the Management. To keep pace with such regulatory changes, the Company
will provide opportunities for ongoing education on Board processes and best practices as well as updates on changes in
legislation and financial reporting standards, regulations and guidelines from SGX-ST that affect the Company and/or the
directors in discharging their duties.
Authority
The authority for approval of, inter alia, the following transactions rest with the Board:
• Approval of quarterly and full year results announcements for release to the SGX-ST;
• Approval of annual reports and audited financial statements;
• Convening of shareholders’ meetings;
• Approval of corporate strategies;
• Approval of material acquisitions and disposal of assets; and
• Approval of major investment and funding decisions.
Names of
Directors
Types of
Meetings
Overseas Education Limited AR 2012
Investing In Education 24
W130220- OEL AR p23-24.indd 24 26/3/13