CORPORATE
GOVERNANCE REPORT
NATURAL COOL HOLDINGS LIMITED
86
Guideline
Code and/or Guide
Description
Company’s Compliance or Explanation
BOARD MATTERS
The Board’s Conduct of Affairs
1.1
What is the role of the Board? The Board has 8 members and comprises the following:
Table 1.1 – Composition of the Board
Name of Director
Designation
Joseph Ang Choon Cheng
(1)
Executive Chairman
Tsng Joo Peng
Chief Executive Officer
Eric Ang Choon Beng
Executive Director
Ken Tan Aik Kwong
Executive Director
Edward Chia Puay Hwee
Executive Director
Lim Siang Kai
Lead Independent Director
Wu Chiaw Ching
Independent Director
William da Silva
Independent Director
(1)
Mr Joseph Ang Choon Cheng was appointed as the Executive Chairman on 3 November 2014
The Board is entrusted to lead and oversee the Company, with the fundamental principle to act in the
best interest of the Company. In addition to its statutory duties, the Board’s principle functions are:
protect and enhance long-term shareholder value;
review management performance;
identify key stakeholder groups and recognise that their perceptions affect the company’s
reputation;
set the company’s values and standards, and ensure that obligations to shareholders and other
stakeholders are understood and met;
develops the overall strategy for the Group and supervises its management; and providing
leadership, developing its strategic direction, establishing risk policy and goals for the management
as well as monitoring the achievement of these goals.
