KIM HENG OFFSHORE & MARINE HOLDINGS LIMITED
ANNUAL REPORT 2014
35
CORPORATE
GOVERNANCE REPORT
Details of the remuneration of the Directors and key management personnel of the Group for FY2014 are
set out below:
Breakdown of Remuneration in Percentage (%)
Directors
Fees
(%)
Salary
(%)
Benefits-
in-kind
(%)
Variable
Bonus
(%)
Total
(%)
Tan Keng Siong Thomas
–
80
–
20
100
Band D
Yeo Seh Hong
–
82
–
18
100
Band C
Douglas Owen Chester
100
–
–
–
100
Band A
Ong Sie Hou Raymond
100
–
–
–
100
Band A
Ho Boon Chuan Wilson
100
–
–
–
100
Band A
Tan Chow Boon
100
–
–
–
100
Band A
Key Management
Designation
Breakdown of Remuneration in
Percentage (%)
Salary
(%)
Benefits-
in-kind
(%)
Variable
Bonus
(%)
Total
(%)
Tan Kah Seng
Chief Financial
Officer
80
–
20
100
Band A
Chen Biqing
(a)
General Manager
– Marine & Support
Services
87
4
9
100
Band A
Tan Keng Hoe Melvin
(b)
General Manager
– Supply Chain
Management
80
2
18
100
Band B
Sanket Ashok Kumar
General Manager –
Offshore & Marine
Services
83
–
17
100
Band B
Heng Aik Soon
General Manager –
Yard
81
–
19
100
Band A
Chang Boon Kong
(c)
Managing Director
of a subsidiary of
the Company, Kim
Heng Shipbuilding
& Engineering Pte.
Ltd.
93
–
7
100
Band A
Notes:
(a)
Ms Chen Biqing is the niece of Mr Tan Keng Siong Thomas and Mr Tan Keng Hoe Melvin. Ms Chen has resigned on 30
September 2014.
(b)
Mr Tan Keng Hoe Melvin is the brother of Mr Tan Keng Siong Thomas.
(c)
Mr Chang Boon Kong was appointed as Managing Director of a subsidiary of the Company, Kim Heng Shipbuilding &
Engineering Pte. Ltd., on 1 August 2014. Mr Chang has tendered his resignation and his effective date of resignation is 30 April
2015.
Band A: Compensation from S$0 to S$250,000 per annum
Band B: Compensation from S$250,001 to S$500,000 per annum
Band C: Compensation from S$500,001 to S$750,000 per annum
Band D: Compensation from S$1,250,001 and above per annum
