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TEHO INTERNATIONAL INC LTD.
Annual Report 2015
The Company has an investor relations team who manages communication with all stakeholders
and to attend to or ensure their queries and concerns are promptly addressed by the relevant
management personnel. In addition, the Company conducts investor roadshow to connect with
the shareholders.
The Company does not have a definite dividend policy as the form, frequency and amount of
dividends declared each year will take into consideration the Group’s retained earnings and
expected future earnings, cash flow, capital requirements and general financing condition, as
well as general business conditions and other factors as the Board may deem appropriate.
No dividend was paid or proposed for FY2015 as the Board feels it is prudent to retain cash
resources so that the Company has the flexibility to execute its business plans effectively.
Conduct of Shareholder Meetings
Principle 16:
Companies should encourage greater shareholder participation at general
meetings of shareholders, and allowshareholders the opportunity to communicate
their views on various matters affecting the company.
All shareholders will receive the Company’s annual report and notice of AGM. Shareholders will
be given the opportunity and time to voice their views and ask directors or the management
questions regarding the Company at the forthcoming AGM.
The Company takes note that there should be separate resolutions at general meetings on each
substantially separate issue and to avoid bundling resolutions.
The Chairperson of each Board committee is required to be present to address questions at
the AGM. External auditors are also present at such meeting to assist the directors to address
shareholders’ queries, if necessary.
The Articles of Association of the Company allow any member of the Company, if he is unable
to attend the meeting, to appoint not more than two proxies to attend and vote on his behalf at
the meeting through proxy forms sent in advance.
ADDITIONAL INFORMATION
Dealing in Securities
The Company has devised and adopted policies in line with the requirements of the Catalist Rules
on dealings in the Company’s securities.
The Company and its officers are prohibited from dealing in the Company’s shares on short-
term considerations or at any time when they are in possession of unpublished price-sensitive
information. They are not allowed to deal in the Company’s shares during the period commencing
one month before the date of the announcement of the Company’s half year and full year results,
and ending on the date of the announcement of the relevant results.
In addition, directors and key executives are expected to observe insider trading laws at all times
even when dealing in securities within the permitted trading period.
The Company issues half yearly circular to its directors and officers informing them that they
must not deal in the Company’s securities before the release of results and at any time they are
in possession of unpublished material price-sensitive information.
Interested Person Transaction
The Company has adopted an internal policy in respect of any transaction with an interested
person, which sets out the procedures for review and approval of such transaction.
All interested person transactions will be documented and submitted periodically to the AC for
their review to ensure that such transactions are carried out on an arm’s length basis and on
normal commercial terms and are not prejudicial to the Company.
Details of the interested person transaction entered into by the Group for FY2015 as required to
be disclosed pursuant to Rule 1204(17) of the Catalist Rules are set out below:
REPORT OF
CORPORATE GOVERNANCE
