MTQ Corporation Limited
Financial Report / 22
The remunerations of Directors are set out below:
Name of Director
Fixed
Variable
Provident
Directors’
Component
1
Component
2
Fund
3
Benefts
4
Fees
5
Total (S$)
Kuah Kok Kim
6
53%
41%
-*
6%
-
749,000
Kuah Boon Wee
6
49%
47%
2%
2%
-
772,000
Christopher Ho Han Siong
-
-
-
-
100%
35,000
Huang Yuan Chiang
-
-
-
-
100%
45,000
Ian Wayne Spence
-
-
-
-
100%
45,000
Nicholas Campbell Cocks
-
-
-
-
100%
30,000
Ong Choo Eng
-
-
-
-
100%
30,000
Chew Soo Lin
7
-
-
-
-
-
-
* Less than 1%.
1
Fixed Component refers to base salary for the fnancial year ended 31 March 2012.
² Variable Component refers to cash bonuses awarded for performance and Annual Wage Supplement earned.
³ Provident Fund represents payments in respect of statutory contributions to the Singapore Provident Fund.
4
Benefts are stated on the basis of direct costs, and include car benefts, other benefts associated with relocation and other non-cash
benefts such as club membership.
5
Director’ Fees are paid on a quarterly basis in arrears.
6
Mr. Kuah Kok Kim, Executive Chairman of the Company, is the father of Mr. Kuah Boon Wee, Chief Executive Offcer of the Company.
7
Mr Chew Soo Lin was appointed to the Board on 18 May 2012 and does not have remuneration attributable for the fnancial year ended
31 March 2012.
The remunerations of the top 5 key executives (who are not directors) of the Group are as follows:
Name of Key Executive
Fixed
Variable
Provident
Component
1
Component²
Fund³
Benefts
4
Between S$250,001 and S$500,000
Elsie Low Kheng Thor
56%
30%
3%
11%
Ian Robert Hortin
26%
14%
2%
58%
Les Healey
72%
9%
6%
13%
Peter Lock Hong Cheong
57%
31%
2%
10%
Sumardi Bin Sidi
34%
61%
3%
2%
1
Fixed Component refers to base salary for the fnancial year ended 31 March 2012.
² Variable Component refers to cash bonuses awarded for performance and Annual Wage Supplement earned.
³ Provident Fund represents payments in respect of statutory contributions to the Singapore Provident Fund.
4
Benefts are stated on the basis of direct costs, and include car benefts, other benefts associated with relocation and other non-cash
benefts such as club membership.
The total amount paid to the top 5 executives for the fnancial year ended 31 March 2012 is S$1,762,000.
Other than Mr. Kuah Kok Kim, and Mr. Kuah Boon Wee, no employee of the Company and its subsidiaries was an immediate family
member of a Director or the Chief Executive Offcer and whose remuneration exceeded S$50,000 during the fnancial year ended 31
March 2012.
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