Corporate
Governance Report
Accountability and Audit Accountability
Principle 10: Presentation of a balanced and understandable
assessment of performance, position and prospects
The Board is responsible to give a balanced and
comprehensive report on the performance, position,
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price sensitive reports to the regulators (if required). To
ensure this is accomplished efficiently, management
provides timely, accurate and adequate information to
the Board.
The Board is required to release quarterly results
and full year results of IREIT as well as price sensitive
announcements and all other regulatory announcements,
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and price sensitive information and regulatory required
announcements are disseminated to Unitholders via
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Risk Management and Internal Controls
Principle 11: The Board is responsible for the governance of
risk. The Board should ensure that the Manager maintains
a sound system of risk management and internal controls
to safeguard IREIT’s assets and Unitholders’ interests and
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risks which the Board is willing to take in achieving its
strategic objectives
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compliance, information technology security, and other
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changes on quarter-on-quarter and year-to-date results.
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conditions where IREIT’s properties are located and other
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assets of IREIT, examines the management of liabilities,
and will act upon any comments from internal and external
auditors of IREIT.
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supervises the implementation and operation of the
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(1) Paid in cash.
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the best interests of IREIT and its Unitholders.
Name of Director
Fees
1
Base/Fixed Salary
Bonus
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(S$’000)
(S$’000)
(S$’000)
(S$’000)
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95
-
-
-
0U 7DQ :HH 3HQJ .HOYLQ
80
-
-
-
0U 1LU (OOHQERJHQ
65
-
-
-
0U +R 7RRQ %DK
50
-
-
-
0U 7RQJ -LQTXDQ
50
-
-
-
Remuneration Band and Name
Fees
Base/Fixed Salary
1
Bonus
1
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(%)
(%)
(%)
(%)
Above S$500,000 to $750,000
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-
62
28
10
IREIT Global
ANNUAL REPORT 2015
45
