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DIRECTORS’ REPORT
AUDIT COMMITTEE (CONT’D)
•
Reported actions and minutes of the Audit Committee to the Board of Directors with such recommendations as
the Audit Committee considers appropriate; and
•
Reviewed interested person transactions in accordance with the requirements of the Listing Manual of SGX-ST.
The Audit Committee, having reviewed all non-audit services provided by the external auditors to the Group, is satisfied
that the nature and extent of such services would not affect the independence of the external auditors. The Audit
Committee has also conducted a review of interested person transactions.
The Audit Committee convened four meetings during the financial year and has also met with internal and external
auditors, without the presence of the Company’s management, at least once a year.
The Audit Committee recommends to the Board of Directors that the auditors, Ernst & Young LLP, be nominated for
reappointment as external auditors at the forthcoming Annual General Meeting of the Company.
Further details regarding the Audit Committee are disclosed in the Corporate Governance Report.
AUDITOR
Ernst & Young LLP have expressed their willingness to accept reappointment as auditor.
On behalf of the Board of Directors,
Kuah Boon Wee
Director
Chew Soo Lin
Director
Singapore
15 June 2015
