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FIMA CORPORATION BERHAD
(21185-P) |
Annual Report
2016
2.8 Directors’ Remuneration
All Non-Executive Directors are paid Directors’ fees as approved by the shareholders at the AGM based
on the recommendation of the Board. The determination of the level of fees for the Non-Executive
Directors is a matter decided by the Board as a whole to ensure that it is sufficient to attract and retain
the services of the Non-Executive Directors which are vital to the Company. Meeting attendance
allowances are paid to Non-Executive Directors in accordance with the number of meetings attended
during the financial year. Individual Directors will abstain from participating in the discussion and
decision of their own remuneration.
For the Managing Director, the Remuneration Committee reviews the remuneration package annually
and recommend to the Board on specific adjustments and/or reward package that reflect his respective
contributions throughout the year as well as corporate performance and achievement of key performance
indicators, taking into consideration the market and industry practice.
Details of remuneration received from the Company and subsidiary companies by Directors of the
Company during the financial year ended 31 March 2016 are as follows:
a) Aggregate remuneration of Directors categorized into appropriate components:
Managing
Non-Executive
Director
Directors
Dato’
Dato’
Rezal Zain Datuk
Dr.
Roslan
Adnan
Abdul
Alias Roshayati
Hamir Shamsuddin Rashid
Ali
Basir
RM’000 RM’000 RM’000 RM’000 RM’000
Group
Fees
-
119
65
56
50
Salaries
613
-
-
-
-
Bonus
362
-
-
-
-
Benefits-in-Kind
103
-
-
-
-
Others
187
34
26
26
10
Total
1,265
153
91
82
60
Company
Fees
-
81
65
56
50
Salaries
245
-
-
-
-
Bonus
144
-
-
-
-
Benefits-in-Kind
68
-
-
-
-
Others
75
26
26
26
10
Total
532
107
91
82
60
STATEMENT OF
CORPORATE GOVERNANCE
(contd.)