ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
E.3.14

Do the shareholders or the Board of Directors approve the remuneration of the executive directors and/or the senior executives?

Response

YES.  Upon the recommendation of the Compensation and Remuneration Committee, the Board of Directors has the power to approve the  remuneration of the executive directors and senior executive officers. 

 

Reference:

1. Compensation and Remuneration Committee Charter/Committee Authority

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