Page 24 - ar2012

TEHO INTERNATIONAL INC LTD Annual Report 2012 22
The Company has put in place a new long-term employee incentive scheme called
TEHO Performance Share Plan (the “PSP”) that was adopted by the shareholders at the
Extraordinary General Meeting held on 25 November 2011. The PSP is administrated by
the RC. Please refer to Note 5 of the Directors’ Report in this annual report for details of the
scheme.
The PSP will promote higher performance goals, recognise exceptional achievement and
retain talents within the Group. The Company has taken these steps to align itself with and
embrace local trends and best practices in employee compensation and retention.
Disclosure on Remuneration
Principle 9: Each company should provide clear disclosure of its remuneration policy, level
and mix of remuneration and the procedures for setting remuneration in the company’s
annual report.
The executive offcers comprise Ms Lim Siew Choo, General Administration Director; Mr Lim
See Heng, Projects Director; Ms Soare Siew Lian, CEO of USA Operations; and Mr Phua
Sian Chin, Chief Financial Offcer. Ms Lim Siew Choo and Mr Lim See Heng are substantial
shareholders of the Company. Ms Lim Siew Choo, Mr Lim See Heng and Ms Soare Siew
Lian are siblings of the CEO and COO who are also the executive directors of the Company.
Key information regarding the executive offcers is set out under the “Management Staff”
Section of this annual report.
A breakdown, showing the level and mix of each director’s remuneration for FY2012 is as
follows:
Remuneration Band &
Name of Director Fee# Salary Bonus Benefts Total
$250,000 to below
$500,000 % % % % %
Mr Lim See Hoe 2.3 62.0 28.2 7.5 100.0
Below $250,000 % % % % %
Ms Lim Siew Cheng 4.3 89.3 - 6.4 100.0
Mr Kwah Thiam Hock 100.0 - - - 100.0
Mr Terrance Tan Kong Hwa 100.0 - - - 100.0
Mr Khoo Ming Hon 100.0 - - - 100.0
Note:
# These fees are subject to the approval of the shareholders at the forthcoming AGM.
A breakdown, showing the level and mix of executive offcers for FY2012 is as follows:
Remuneration Band &
Name of Executive Salary Bonus Benefts Total
Below $250,000 % % % %
Ms Lim Siew Choo 92.1 - 7.9 100.0
Mr Lim See Heng 83.9 - 16.1 100.0
Ms Soare Siew Lian 79.8 - 20.2 100.0
Mr Phua Sian Chin 97.7 - 2.3 100.0
Except as disclosed, no employee of the Group was an immediate family members of the
directors whose remuneration exceeds $150,000 for FY2012.
Report of Corporate Governance