1. | Composition | ||||||||||||
The Committee shall be appointed by the Board from amongst the Directors of the Company consisting wholly or mainly of Non-Executive Directors. | |||||||||||||
It shall consist of not less than three (3) members. | |||||||||||||
2. | Quorum | ||||||||||||
Two (2) members present shall form a quorum for meetings. | |||||||||||||
3. | Chairman | ||||||||||||
The members of the Committee shall elect a Chairman from among their members who shall be an Independent Non-Executive Director. In the absence of the Chairman of the Remuneration Committee, the remaining members present shall elect one of their members as Chairman of the meeting. | |||||||||||||
4. | Secretary | ||||||||||||
The Secretary to the Remuneration Committee shall be the Company Secretary or his/her representative(s). | |||||||||||||
5. | Meetings
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6. | Responsibilities
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7. | Reporting Procedures
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