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Resolution 7
on payment of Directors’
remuneration from 29 August 2019 until the
conclusion of the next AGM of the Company.
Ordinary Resolutions 5, 6 and 7 comprises fees,
allowances and other benefits payable to the Non-
Executive Chairman, NEDs and Board Committees,
including fees and allowances payable to them by
subsidiaries are set out in the table:-
Company
Fee
(per
annum)
Meeting
Allowance
(per
meeting)
Benefits
Board
Chairman
RM75,000 RM2,000 Medical
coverage
and other
claimable
benefits
Member
RM50,000 RM2,000
Committees
Chairman of Audit
Committee
RM15,000 RM2,000 N/A
Member of Audit
Committee
RM6,000 RM2,000 N/A
Member of
Nomination and
Remuneration
Committee
N/A
RM2,000 N/A
Member of Group
Sustainability
Committee
N/A
RM2,000 N/A
Member of Risk
Management
Committee
N/A
RM2,000 N/A
Subsidiaries
Subsidiary Position Held Fee Type Amount
Percetakan
Keselamatan
Nasional Sdn.
Bhd.
Chairman Director’s
fee
per annum
Meeting
allowance
per
meeting
RM18,000
RM1,000
PT Nunukan
Jaya Lestari
President
Commissioner
Director’s
fee
per annum
Meeting
allowance
per
meeting
RM18,000
RM1,000
FCB
Plantation
Holdings Sdn.
Bhd.
Chairman Director’s
fee
per annum
Meeting
allowance
per
meeting
RM18,000
RM1,000
Ladang
Bunga
Tanjong Sdn.
Bhd.
Director
Director’s
fee
per annum
Meeting
allowance
per
meeting
RM12,000
RM1,000
There is no increase on Directors’ fees for the
financial year ended 31 March 2019. The Directors’
fees were last increased in the financial year 2014.
In determining the estimated amount of
remuneration payable for the NEDs, various factors,
including the number of scheduled meetings
for the Board, Board Committees and Board of
subsidiaries as well as the number of NEDs involved
in these meetings were considered.
Note: The Managing Director does not receive any
Director’s fees.
Fima CORPORATION Berhad
(21185-P)
Annual Report 2019
06