Baker Technology Limited
The table below shows the remuneration of the topfive keymanagement personnel (who are not
Directors or theCEO) for FY2016:
Name ofKey
Management Personnel
Designation
Salary, CPF
&Allowance
(%)
Bonus
(%)
$500,001 to $750,000
OngThianWheeAlbert ManagingDirector
(SeaDeepShipyardPte. Ltd.)
43
57
$250,000 to $500,000
TanKiangKherng
Chief FinancialOfficer
(BakerTechnologyLimited)
93
7
TanKengTiongAlvin
SeniorVicePresident –BusinessDevelopment
(BakerTechnologyLimited)
93
7
TanWeeLee
ManagingDirector
(Baker EngineeringPte. Ltd.)
93
7
HeathMcIntyre
ManagingDirector
(BT Investment Pte. Ltd.)
93
7
ThetotalremunerationpaidtothetopfivekeymanagementpersonnelforFY2016amountedto$1,827,321.
TheCompany believes that itmay not be in theGroup’s interest to disclose the remuneration of the
keymanagementpersonnel to the level as recommendedby theCode,givenhighlycompetitivehiring
conditions and theneed to retain theGroup’s talent pool.
EmployeeRelated toDirectors/CEO
Save as disclosed in the above remuneration table forDirectors, there is no employee in theGroup
who is an immediate familymember of any of theDirectors or theCEO andwhose remuneration
exceeded$50,000duringFY2016. “Immediate familymember”meansspouse, child, adoptedchild,
step-child, brother, sister andparent.
ACCOUNTABILITYANDAUDIT
Principle 10:Accountability
The Board, through its announcements of quarterly and full-year results as well as price sensitive
issues, aims toprovide shareholderswithabalancedandunderstandableassessment of theGroup’s
financialperformance,positionandprospects. In linewithRule705(5)of theListingManualofSGX-
ST, theBoard provides negative assurance statement in respect of the interimfinancial statements.
In addition, all Directors and keymanagement personnel of the Company also signed a letter of
undertakingpursuant toRule720(1) of theListingManual of SGX-ST.
TheCompany recognises the importance of providing theBoardwith a continual flow of relevant
informationonanaccurateand timelybasis inorder that itmayeffectivelydischarge itsduties. On
a regular basis, Boardmembers are providedwith business andfinancial reports comparing actual
performancewithbudget, highlights onkeybusiness indicators andothermajor issues.
For thefinancial year under review, theCEOand theCFOhaveprovidedassurance to theBoardon
the integrityof thefinancial statements for theCompany and its subsidiaries.
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Sustainability
