REPORT ON CORPORATE GOVERNANCE
3. Chairman
The Company has a separate Chairman andManaging Director to ensure that there is an appropriate balance of power, increased
accountability and greater capacity of the Board for independent decision-making. In addition, the Chairman and the Managing
Director are not related to each other.
The Chairman is a Non-executive Director who is independent of the management of the Company and his responsibilities
pertaining to the Board includes but are not limited to:
(a) leading the Board to ensure its effectiveness on all aspects of its role;
(b) Setting the agenda and ensuring that adequate time is available for discussion of all agenda items, in particular strategic
issues;
(c) Promoting a culture of openness and debate at the Board;
(d) ensuring that the directors receive accurate, timely and clear information;
(e) ensuring effective communication with shareholders;
(f) encouraging constructive relations between the Board and Management;
(g) facilitating the effective contribution of Non-executive Directors in particular;
(h) encouraging constructive relations between Executive Director and Non-executive Directors;
(i) promoting high standards of corporate governance; and
(j) reviewing the results of the Board’s performance evaluation and taking appropriate actions in consultation with the
Nominating Committee.
The Chairman’s responsibilities pertaining to the Board also includes those other duties as required in his capacity as a member
of the Executive Committee, Strategy Committee, Nominating Committee and Compensation Committee, as well as a director
of CSE W-Industries, Inc, CSE Global (Asia) Ltd and CSE (Americas) Pte Ltd, all of which are wholly-owned subsidiary companies
of the Company.
4. Board Membership
The members of the Nominating Committee at the date of this report comprise the following Directors:-
Non-executive Independent Directors:
LimMing Seong - Chairman
Lee Soo Hoon Phillip
Dr Lim Boh Soon
The Nominating Committee comprises three members, all of whom are Non-executive Directors and are independent of the
management of the Company. All of the Non-executive Directors are considered to be independent by the Board as they have no
relationships with the Company, its related companies or its officers that could interfere, or be reasonably perceived to interfere,
with the exercise of the Directors’ independent business judgment.
The Nominating Committee holds at least one Nominating Committee meeting each financial year and also as warranted by
particular circumstances, as deemed appropriate by the Nominating Committee.
The Nominating Committee has formulated and adopted written terms of reference that describe the responsibilities of its
members. The primary function of the Nominating Committee is to provide assistance to the Board in selecting suitable Directors
and making recommendations on all appointments and re-elections of Directors to the Board.
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CSE Global Limited
