KIM HENG OFFSHORE & MARINE HOLDINGS LIMITED
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Corporate Governance Report
The Group has adopted an internal compliance code to provide guidance to its Directors and all employees of the
Group with regards to dealings in the Company’s securities. The code prohibits dealing in the Company’s securities by
the Directors and employees of the Group while in possession of unpublished price sensitive information. Directors
and employees are not allowed to deal in the Company’s securities on short-term considerations and during the
period of two (2) weeks before the date of announcement of its quarterly financial results and one (1) month before
the announcement of the Company’s full year financial results. The Directors and employees are also required to
adhere to the provisions of the Securities and Futures Act (Chapter 289) of Singapore, Companies Act (Chapter 50) of
Singapore, the Catalist Rules and any other relevant regulations with regards to their securities transactions. They are
also expected to observe insider trading laws at all times even when dealing in securities within the permitted trading
period.
INTERESTED PERSON TRANSACTIONS
(Rule 907 of the Catalist Rules)
The Company has established internal control policies to ensure that transactions with interested persons are reported
in a timely manner to the ARC and that the transactions are carried out on an arm’s length basis and on normal
commercial terms that will not be prejudicial to the interests of the Company and its minority shareholders.
The ARC and the Board have reviewed all interested person transactions for FY2015.There was no interested party
transactions of aggregate value of S$100,000 or more for FY2015.
The Company does not have a shareholders’ mandate for interested person transactions pursuant to Rule 920 of the
Catalist Rules.
MATERIAL CONTRACTS
(Rule 1204(8) of the Catalist Rules)
Save for the service agreements between the Company and the Executive Directors, disclosures above in the
“Interested Person Transactions” section and except as disclosed in this Report, Directors’ Report and the audited
financial statements of the Company for FY2015, there were no other material contracts of the Company and its
subsidiaries involving the interests of the CEO or any Director or controlling shareholder, either subsisting at the end
of the financial year reported on or if not then subsisting, which were entered into since the end of the previous
financial year.
NON-SPONSOR FEES
(Rule 1204(21) of the Catalist Rules)
There were no non-sponsor fees paid to the Company’s Sponsor, Canaccord Genuity Singapore Pte. Ltd. in respect of
FY2015.
