70
CORPORATE GOVERNANCE REPORT
HOTEL ROYAL
̛Ө
ROYAL MEMORIES
4.
SHAREHOLDER RIGHTS AND RESPONSIBILITIES
4.1 Communication with Shareholders
Principle 14: Companies should treat all shareholders fairly and equitably, and should recognise, 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 investor relations policy
to promote regular, effective and fair communication with shareholders.
Disclosure of Information on a Timely Basis:
In line with the continuous disclosure obligations of the Company
pursuant to the Singapore Exchange Listing Rules and the Singapore Companies Act, it is the Board’s policy to
ensure that all shareholders are informed regularly, comprehensively and on a timely basis of every significant
development that impact on the Group. The Company does not practise preferential and selective disclosure
to any group of shareholders.
Pertinent information is communicated to all shareholders on a regular and timely basis through the following
means:
z
the Company’s annual reports;
z
notices of and explanatory memoranda for annual general meetings and extraordinary general meetings;
z
announcements of quarterly and full-year financial statements containing a summary of the financial
information and affairs of the Group for the period. These are disclosed on SGXNET;
z
other announcements, where appropriate;
z
press releases regarding major developments of the Group; and
z
disclosures to the Singapore Exchange Securities Trading Limited.
The Company notifies the investors’ public in advance of the date of the release of its financial results via a
SGXNET announcement.
Shareholders are also informed of general meetings through notices contained in annual reports or circulars
that are dispatched to shareholders. Such notices are also published in the Business Time and announced via
SGXNET. Rules, including voting procedures, that governed general meetings are included in the annual reports
or circulars and explained further before the voting process.
All materials on the quarterly and full year financial results, annual report and announcements are also available
on the Company’s website (
. The website also contains other useful investor-related
information.
For ease of communication, shareholders can contact Management via
This will allow
the Board and Management to gather shareholders’ views and inputs, and address shareholders’ concern. The
contact details of the investor relations function are also set out in the inside cover page of this Annual Report as
well as on the Company’s website. The Company have procedures in place for responding to investors’ queries.
