28
TEHO INTERNATIONAL INC LTD.
Annual Report 2015
A breakdown, showing the level and mix of each director’s remuneration for FY2015 is as follows:
Remuneration band and
name of director
Fee Salary
Bonus Benefits
Total
$500,000 to below $750,000
%
%
%
%
%
Mr Lim See Hoe
1.6
84.9
1.9
11.6
100
$250,000 to below $500,000
%
%
%
%
%
Ms Lim Siew Cheng
2.8
91.1
1.6
4.5
100
Below $250,000
%
%
%
%
%
Mr Kwah Thiam Hock
100.0
–
–
–
100
Mr Terrance Tan Kong Hwa
(1)
100.0
–
–
–
100
Ms Joanne Khoo Su Nee
100.0
–
–
–
100
Mr Oo Cheong Kwan Kelvyn
100.0
–
–
–
100
Note:
(1)
Mr Terrance Tan Kong Hwa ceased to be a director of the Company with effect from 31 October 2014.
A director’s fee of $26,667 was paid to him in respect of FY2015.
The Group has four key executive officers comprising 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 Officer. Ms Lim Siew Choo, Mr Lim See Heng and Ms Soare
Siew Lian are the siblings of the CEO and COO of the Company. Ms Lim Siew Choo is also a
substantial shareholder of the Company.
Key information regarding the key executive officers is set out in the “Executive Officers” section
of this annual report.
A breakdown, showing the level and mix of each key executive officer’s remuneration for FY2015
is as follows:
Remuneration band and name of
executive officer
Salary
Bonus
Benefits
Total
$200,000 to below $250,000
%
%
%
%
Ms Lim Siew Choo
78.7
16.3
5.0
100
$150,000 to below $200,000
%
%
%
%
Ms Soare Siew Lian
76.3
–
23.7
100
$100,000 to below $150,000
%
%
%
%
Mr Lim See Heng
83.8
–
16.2
100
Below $250,000
%
%
%
%
Mr Phua Sian Chin
69.6
16.2
14.2
100
The aggregate total remuneration paid to the above executive officers amounted to $748,046
for FY2015.
Save as disclosed above, no employee of the Group whose remuneration exceeded $50,000 for
FY2015, was an immediate family member of the directors or the CEO.
The RC has reviewed and approved the remuneration packages of the executive directors and
key executive officers, having regard to their contributions as well as the financial performance
and commercial needs of the Group and has ensured that the executive directors and key
executive officers are adequately but not excessively remunerated.
The Board is of the opinion that the information as disclosed above would be sufficient for
shareholders to have an adequate appreciation of the Group’s compensation policies and
practices and therefore does not intend to issue a separate remuneration report, the contents of
which would be largely similar.
REPORT OF
CORPORATE GOVERNANCE
