34
HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2014
CORPORATE
GOVERNANCE
4
SHAREHOLDER RIGHTS AND RESPONSIBILITIES
SHAREHOLDER RIGHTS
COMMUNICATION WITH SHAREHOLDERS
CONDUCT OF SHAREHOLDER MEETINGS
Principle 14: Companies should treat all shareholders fairly and equitable, and should
recognize, protect and facilitate the exercise of shareholders’ rights, and continually review
and update such governance arrangements.
Principle 15: Companies should actively engage their shareholders and put in place an
investors relations policy to promote regular, effective and fair communication with
shareholders.
Principle 16: Companies should encourage greater shareholder participation at general
meetings of shareholders, and allow shareholders the opportunity to communicate their
views on various matters affecting the Company.
The Company firmly believes in high standards of transparent corporate disclosure, pursuant to the
SGX-ST’s Listing Rules and the Singapore Companies Act, whereby shareholders are informed of
all major developments that affect the Group. Information is communicated to our shareholders on a
timely basis. Where there is inadvertent disclosure made to a selected group, the Company will make
the same disclosure publicly to all others as soon as practicable. Communication is made through:
•
annual reports that are prepared and sent to all shareholders. The Board ensures that the
annual report includes all relevant information about the Company and the Group, including
future developments and other disclosures required by the Singapore Companies Act and
Singapore Financial Reporting Standards;
•
quarterly announcements containing a summary of the financial information and affairs of the
Group for that period;
•
notices of and explanatory memoranda for AGMs and Extraordinary General Meetings;
•
press releases on major developments of the Company and the Group;
•
disclosure to the SGX-ST; and
•
the Company’s website at
at which our shareholders can access
information on the Group.
Regular media and analyst briefings are organized to enable a better appreciation of the Group’s
performance and developments. The Company holds investor briefings, inviting the media and
analysts, after the release of the full year financial results.
