75
Annual Report 2015
CORPORATE GOVERNANCE
Directors’ Attendance at Board and Committee Meetings of the H-REIT Manager in 2015
Board
AC
RMC
No. of Meetings held in 2015
5
4
2
Name of Directors
Number of meetings attended in 2015
Wong Hong Ren
4
N. A.
N. A.
Vincent Yeo Wee Eng
5
N. A.
2
Jenny Lim Yin Nee
5
4
2
Jimmy Chan Chun Ming
5
4
N. A.
Daniel Marie Ghislain Desbaillets
5
N. A.
N. A.
Ronald Seah Lim Siang
5
4
2
Ronald Nathaniel Issen
5
N. A.
N. A.
Directors’ Attendance at Board and Committee Meetings of the HBT Trustee-Manager in 2015
Board
AC
RMC
No. of Meetings held in 2015
5
4
2
Name of Directors
Number of meetings attended in 2015
Wong Hong Ren
4
N. A.
N. A.
Vincent Yeo Wee Eng
5
N. A.
2
Jenny Lim Yin Nee
5
4
2
Jimmy Chan Chun Ming
5
4
N. A.
Daniel Marie Ghislain Desbaillets
4
N. A.
N. A.
Ronald Seah Lim Siang
5
4
2
Ronald Nathaniel Issen
4
N. A.
N. A.
H-REIT Manager Board and the HBT Trustee-Manager Board Approval
The H-REIT Manager Board and the HBT Trustee-Manager Board have in place an internal guide
wherein certain key matters are specifically reserved for approval by the H-REIT Manager Board
and the HBT Trustee-Manager Board respectively, and these include decisions on material capital
expenditure and undertakings or all acquisition and disposal of properties of H-REIT and HBT,
setting of strategic decisions or policies or financial objectives which are, or may be significant, in
terms of future profitability or performance of H-REIT and HBT as well as decisions to commence,
discontinue or modify significantly any business activity or to enter or withdraw from a particular
market sector, corporate or financial restructuring, decisions over new borrowings or significant
amendments to the terms and conditions of existing borrowings other than in the ordinary course
of business, adoption of corporate governance policies and any other matters which require the
H-REIT Manager Board or the HBT Trustee-Manager Board approval as prescribed under the
relevant legislations and regulations as well as the provisions of the H-REIT or HBT Trust Deeds.
The Management of the H-REIT Manager and HBT Trustee-Manager are fully apprised of such
matters which require the approval of the respective Boards and committees.
H-REIT Manager and HBT Trustee-Manager Board Orientation and Training
Every newly appointed Director of the Managers receives a formal letter, setting out his general
duties and obligations as a Director pursuant to the relevant legislations and regulations. The
new Director also receives an induction pack containing information and documents relating to
the role and responsibilities of a director, the principal businesses of H-REIT or HBT and their
respective subsidiaries, the H-REIT Manager and the HBT Trustee-Manager Board processes and
corporate governance practices, relevant policies and procedures, as well as a board meeting
calendar for the year with a brief of the routine agenda for each meeting.
Guideline 1.5
What are the types of
material transactions which
require approval from the
Board?
Please refer to the
paragraph under the
heading "H-REIT Manager
Board and the HBT Trustee-
Manager Board Approval".
Guideline 1.6
(a) Are new directors given
formal training? If not, please
explain why.
Yes, please refer to the
section under the heading
"H-REIT Manager and HBT
Trustee-Manager Board
Orientation and Training".
