ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
A.3.3

Does the company allow shareholders to elect directors/commissioners individually?

Response

YES. The Company’s stockholders are allowed to elect directors individually as one of their rights indicated in the Manual on Corporate Governance and Board Charter, and By-Laws.

 

References:

1. Manual on Corporate Governance  - Item 12. Stockholders’ Rights and Protection Of Minority Stockholders’ Interest

2. Board Charter - Section 2: Election of the Board, Item 1: Nomination of Directors, Page 2

3. By-Laws - Article II Meeting of Stockholders, Page 3

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