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Food Empire Holdings Limited Annual Report 2014
CORPORATE GOVERNANCE
M) COMMUNICATION WITH SHAREHOLDERS
- Principle 15: Regular, effective and fair communication with shareholders
Price sensitive information is first publicly released via SGXNET before any meeting with any group of investors or
analysts. Results are announced within the mandatory period on a quarterly basis to SGX-ST.
At general meetings, the shareholders are given the opportunity to express their views and ask questions
regarding the Group’s performance.
N)
GREATER SHAREHOLDER PARTICIPATION
- Principle 16: Shareholders’ participation at AGMs
All shareholders (except those who own the shares through Nominees) of the Company will receive Annual
Report, circulars and notices of General Meeting of the Company. The notices are also advertised in newspapers
and available at SGX-ST’s website. The Articles of Association of the Company allow a member of the Company
to appoint one or two proxies to attend and vote at all general meetings on his/her behalf.
Resolutions to be passed at general meetings are always separate and distinct in terms of issue so that
shareholders are able to exercise their right to approve or deny the issue or motion. Shareholders can also
exercise their right to vote in absentia by the use of proxies.
The Chairpersons of the AC, NC and RC are present and available to address questions at the AGM. The external
auditors are also present to assist the Directors in addressing any relevant queries by shareholders.
SUPPLEMENTARY INFORMATION FOR THE FINANCIAL YEAR ENDED 31 DECEMBER 2014 (SGX-ST
LISTING MANUAL REQUIREMENTS)
(i)
Dealing in Securities
The Company has in place an internal policy prohibiting share dealings by Directors and officers of the Group
while in possession of unpublished material or price sensitive information during the period commencing one
month prior to the announcement of the Company’s annual result, and 2 weeks before the announcement of its
quarterly results and ending on the date of the announcement of the relevant results. Directors and officers of
the Group are expected to observe the insider trading laws at all times even when dealing in securities within the
permitted trading period.
The Directors and officers of the Group are strongly discouraged to deal in the Company’s securities on short-
term considerations.
During the financial year ended 31 December 2014, the Company has complied with the best practices on
dealing in securities in accordance with Rule 1207(19) of the SGX-ST Listing Manual.
(ii)
Material Contracts
Other than those disclosed in the financial statements, the Company and its subsidiary companies did not enter
into any material contracts involving interests of the Directors or controlling shareholders and no such material
contracts still subsist at the end of the financial year.
