C O R P O R A T E G O V E R N A N C E
Directors’ Fees
1
Board Members
FY 13/14
FY 14/15
6
Mr Koh Soo Keong
S$139,500
S$145,000
Mr Khiatani Manohar Ramesh
2
S$69,355
S$88,500
Mr Henry Tan Song Kok
S$94,000
S$96,000
Mr Chia Kim Huat
3
S$73,500
S$49,604
Mr Teo Eng Cheong
4
S$75,250
S$77,500
Mr Teo Choon Chye, Marc
S$67,250
S$70,000
Mr Chan Pengee, Adrian
5
N.A
S$28,390
Mr Tan Ser Ping
N.A
N.A
N.A.: Not Applicable.
1
Inclusive of attendance fees of (a) S$1,000 per meeting attendance in person, (b) S$1,000 per meeting attendance via teleconferencing or video conferencing (c)
ad-hoc meeting with Management S$500 per meeting attendance (d) an additional S$500 per day for overseas attendance allowance. Directors’ fees are subject
to the approval of the Manager’s parent entities.
2
All Director’s fees payable to Mr Khiatani Manohar Ramesh, the President and CEO of Ascendas Pte Ltd, will be paid in cash to Ascendas Investment Pte Ltd, a
wholly owned subsidiary of Ascendas Pte Ltd
3
Mr Chia Kim Huat retired from the Board on 30 November 2014
4
All Director’s fees payable to Mr Teo Eng Cheong, a public officer, will be paid in cash to a government agency, The Directorship & Consultancy Appointments
Council.
5
Mr Chan Pengee, Adrian joined the Board on 1 December 2014
6
FY14/15 Directors’ fees are subject to the approval of the Manager’s parent entities.
(C) ACCOUNTABILITY AND AUDIT
Principle 10:
Accountability
The Board is responsible for presenting a balanced and comprehensive assessment of A-REIT’s performance, position and prospects,
including interim and other price sensitive public reports and reports to the regulators (if required). To assist the Board in this regard,
Management provides timely, complete, adequate information to the Board through the most expedient means, including emails.
Financial reports and other price sensitive information are disseminated to Unitholders through announcements via SGXnet, press
releases, the A-REIT website and media and analyst briefings.
Management provides all members of the Board with management accounts and such explanation and information on a quarterly
basis and as the Board may require from time to time to enable the Board to make a balanced and informed assessment of the
performance, position and prospects of A-REIT.
ASCENDAS REAL ESTATE INVESTMENT TRUST ANNUAL REPORT 2014/15
