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HG METAL MANUFACTURING LIMITED
ANNUAL REPORT 2014
DIRECTORS’
REPORT
• Reviewed the nature and extent of non-audit services provided by the external auditor to satisfy itself
that such services do not prejudice the independence and objectivity of the external auditor
• Recommended to the board of directors the external auditor to be nominated, approved the
compensation of the external auditor, and reviewed the scope and results of the audit
• Reported actions and minutes of the ARC to the board of directors with such recommendations as
the ARC considered appropriate
• Reviewed interested person transactions in accordance with the requirements of the Singapore
Exchange Securities Trading Limited’s Listing Manual
There are no non-audit services provided by the external auditor to the Group. The ARC has also conducted
a review of interested person transactions.
The ARC convened six meetings during the financial year. The ARC has also met with internal and external
auditor, without the presence of the Company’s management, at least once a year.
Further details regarding the ARC are disclosed in the Report on Corporate Governance.
Auditor
Ernst & Young LLP have expressed their willingness to accept reappointment as auditor.
On behalf of the Board of Directors,
Foo Sey Liang
Director
Teo Yi-Dar (Zhang Yida)
Director
Singapore
31 March 2015
