Global Logistic Properties Limited (the "Company") is committed to ensuring the highest standards of corporate governance as a means of enhancing corporate performance and accountability. The Company has established series of well-defined policies and processes to protect key stakeholder interests, guided in part by adhering to the principles prescribed under the Singapore Code of Corporate Governance 2005 (the "Code").
The Board of Directors (the "Board") and management of the Company (the "Management") recognise the importance of strong corporate governance and the maintenance of high standards of accountability to our shareholders, and remain firmly committed to seeing that those standards are satisfied through an evolving suite of governance practices that are woven into the fabric of the Company's business.
Since listing on the Singapore Exchange Securities Trading Limited ("SGX") in October 2010, the Board and management have undertaken an aggressive and aligned pursuit of best practices in corporate governance and will continue to enhance its governance framework to ensure it remains relevant and well balanced with the Company's pursuit of its business objectives.
This Corporate Governance Report sets out the Company's corporate governance processes, practices and activities during the financial year ended 31 March 2011 ("FY2011") with specific reference to the guidelines of the Code.
Please click to view more details- Employees have the duty to understand and comply with all applicable laws and regulations in all applicable jurisdictions. Employees are expected to follow both the spirit and the letter of the law. Employees must not knowingly participate or assist in the violation of any law or regulation.
- Employees shall not hold financial interests that conflict with the performance of their assigned duties.
- Employees shall not engage in financial or other transactions by using non-public information or allow the improper use of such information. Information is treated as "non-public" until it has been disseminated or communicated to the market place.
- Employees that hold publicly traded securities in GLP will acknowledge and comply with the rules for public traded securities and will be bound by certain timeframes in which trading these financial securities are prohibited.
- Employees shall not solicit or accept any gift or other item of monetary value from any person or entity seeking business from, or conducting activities with GLP, or whose interests may be substantially affected by the performance or non-performance of the employee's duties.
- Employees shall put forth honest effort and exercise due care and diligence in the performance of their duties.
- Employees shall make no unauthorized commitments or promises of any kind that are binding to GLP or any other entity to which GLP provides management and/or consulting services.
- Employees shall act impartially and not give undue preferential treatment to any private organization or individual.
- Employees shall protect and conserve GLP property or property of entity to which GLP provides management and/or consulting services, and shall not use it for any purpose other than authorized activities for official purposes. Employees must maintain the confidentiality of information entrusted to them by the company or the shareholders or otherwise obtained in the course of their employment. This obligation continues even after the employee leaves the employment of GLP, as long as such information is still in confidential status.
- Employees shall disclose any situation of real, perceived or suspected waste, fraud, abuse, or corruption to appropriate management.
- Employees shall adhere to all laws and regulations that provide equal opportunity regardless of race, colour, religion, sex, national origin, age, disability, or any other condition that may lead to discrimination of any kind.
- All employees shall abide by the applicable laws and regulations and relevant policies of the Company with respect to anti-corruption. All employees should sign off anti-corruption statement or complete the statement online as requested by the Legal Department each year. Such signed anti-corruption statements shall be filed with the Legal Department.
| Board of Directors | |
|---|---|
| Ang Kong Hua | Independent Chairman |
| Jeffrey H. Schwartz |
Deputy Chairman of the Board, Chairman of the Executive Committee, Executive Director and Co-founder of Global Logistic Properties Holding Limited(“GLPH”) |
| Ming Z. Mei | Chief Executive Officer, Co-founder of GLPH and Executive Director |
| Dr. Seek Ngee Huat | Non-Executive Director |
| Lim Swe Guan | Alternative Director to Dr. Seek |
| Tham Kui Seng | Non-Executive Independent Director |
| Yoichiro Furuse | Non-Executive Independent Director |
| Steven Lim Kok Hoong | Non-Executive Independent Director |
| Dr. Dipak Jain | Non-Executive Independent Director |
| Paul Cheng Ming Fun | Non-Executive Independent Director |
- Jeffrey H. Schwartz, Chairman of the Executive Committee and Co-founder of Global Logistic Properties Holding Limited
- Ming Z. Mei, Chief Executive Officer and Co-founder of GLPH
- Masato Miki, President of the Group’s Japan operations
- Fang Xie, Heather, Chief Financial Officer for the Group
- Kent Yang, Managing Director of China operations
- Yoshiyuki Chosa, Managing Director of the Group’s Japan operations
- Ralf Wessel, Managing Director, Fund Management and Business Development for the Group
- Stephen Schutte, General Counsel and Chief Administrative Officer for the Group
- Steven Lim Kok Hoong (chairman)
- Ang Kong Hua
- Tham Kui Seng
- Paul Cheng Ming Fun
- Ang Kong Hua (chairman)
- Dr. Seek Ngee Huat
- Dr. Dipak Jain
- Dr. Dipak Jain (chairman)
- Steven Lim Kok Hoong
- Paul Cheng Ming Fun
- Dr. Seek Ngee Huat(chairman)
- Yoichiro Furuse
- Tham Kui Seng
- Jeffrey H. Schwartz
- Ming Z. Mei
