ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
B.5.3

In case of related party transactions requiring shareholders approval; is the decision made by disinterested shareholders?

Response

YES.  Our major shareholders have not engaged in any Related Party Transactions (RPTs) with the Company.  From 2014-2015, all RPTs requiring shareholders approval are approved by disinterested shareholders.

The RPT Policy of the Company sets thresholds and categories for disclosure and approval of RPTs. 

 

Reference:

1. Website - Corporate Governance/Company Policies/Related Party Transactions Policy, Item 6.1 Threshold, Page 4

Office of the Chief Compliance Officer
Tel. (632) 888 3000
Fax. (632) 816 7362
Email: dmcihicorpgov@gmail.com