Basic HTML Version
Annual Report 2013
KPJ HEALTHCARE BERHAD
72
•
To reviewwith the President &Managing Director, his/her goals and objectives and to assess his/her performance against these objectives
as well as contribution to the corporate strategy.
•
To review the performance standards for key executives to be used in implementing the Group’s compensation programmes where
appropriate.
•
To consider and approve compensation commitments/severance payments for Executive Directors and key executives, where appropriate,
in the event of early termination of the employment/service contract.
•
To consider other matters as referred to the NRC by the Board.
During the year, the NRC had one meeting on 28 November 2013 with full attendance by all members.
Remuneration policies and procedures
The Board believes that the levels of remuneration offered by the Group are suf cient to attract Directors of calibre and with suf cient experience and
talents to contribute to the performance of the Group. The remuneration framework for President &Managing Director has an underlying objective of
attracting and retaining Director needed to run the Company successfully. Remuneration packages of President & Managing Director are structured
to commensuratewith corporate and individual’s performance. The Non-Executive Directors are remunerated based on fixed annual fees approved by
the shareholders of the Company.
The details on the remuneration of the Directors are as follows:
Salary and
others
Allowances and
Fees
Fees from
Subsidiary
Bene t in Kind
Total
Non-Independent Non-Executive Director
Dato’ Kamaruzzaman Abu Kassim (a)
115,000
115,000
AhamadMohamad (a)
59,000
59,000
RozanMohd Sa’at (a)
60,200
60,200
Abdul Razak Haron (a)*
37,972
37,972
Non-Independent Non-Executive Director/
Corporate Advisor
Datin Paduka Siti Sa’diah Sheikh Bakir
633,450
60,200
47,000
24,375
765,025
Independent Non-Executive Directors
ZainahMustafa
70,000
70,000
Datuk Azzat Kamaludin (b)
66,500
15,000
81,500
Datuk Dr. Hussein Awang (c)**
66,061
15,000
81,061
Tan Sri Dato Dr. Yahya Awang***
39,939
30,000
69,939
Dr. Kok Chin Leong (d)
150,600
10,000
160,600
Dr. Yoong Fook Ngian (e)
277,900
277,900
President &Managing Director
Amiruddin Abdul Satar
978,539
84,000
47,000
21,250
1,130,789
Total
1,611,989
1,087,372
164,000
45,625
2,908,986
(a) Representatives of majority shareholders
(b) Received allowances for appointment as Independent Director of subsidiary hospitals
(c) Received allowances for professional advisory services as Medical Director of subsidiary company
(d) Received allowances for professional advisory services on implementation of KPJ Clinical Information System (K-CIS)
(e) Received allowances for professional advisory services as Medical Advisory Chairman
* Deceased on 13 August 2013
** Retired on 11 June 2013
*** Appointed on 18 July 2013
Statement on
Corporate Governance
(Pursuant to Section 15.26 of the Bursa Malaysia Listing Requirements)