Creative 2015 Annual Report Download - page 62

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62
CREATIVE TECHNOLOGY LTD AND ITS SUBSIDIARIES
DIRECTORS’ REMUNERATION
The following information relates to remuneration of directors of the Company during the nancial year:
2015 2014
Number of directors of the Company in remuneration bands:
- above S$500,000 – –
- S$250,000 to below S$500,000 – –
- below S$250,000 4 4
Total 4 4
The Company proposed to pay Directors’ fees of S$180,000 in the current nancial year (2014: paid S$180,000) to its non-
executive directors on its Board of Directors.
The Company paid a total remuneration of S$1 (2014: S$1) to its Chairman and Chief Executive Ofcer.
AUDITOR’S REMUNERATION
The following information relates to fees of the auditors during the nancial year:
2015 2014
US$’000
US$’000
Audit fees paid/payable to:
- Auditor of the Company 197 255
- Other auditors * 26 32
Other fees paid/payable to:
- Auditor of the Company 38 50
- Other auditors * 18 15
* Include PricewaterhouseCoopers member rms outside Singapore
The Group has complied with Rules 712 and 715 or 716 of the Listing Manual issued by SGX-ST in relation to its auditors.
SGX-ST LISTING MANUAL REQUIREMENTS
For the nancial year ended 30 June 2015
The Audit Committee has reviewed all non-audit services provided by the auditor of the Company and in the Audit Committee’s
opinion, the non-audit services provided, will not affect the independence of the auditors.
PROPERTIES OF THE GROUP
The net book values of properties held by the Group are as follows:
2015 2014
US$’000
US$’000
Freehold land and buildings 775 5,392
During the nancial year ended 30 June 2015, a wholly-owned subsidiary in Ireland has disposed its freehold property for net
proceeds of US$4,884,000 and recognised a gain of US$392,000.
MATERIAL CONTRACTS
There is no material contract entered into by the Company or any of its subsidiaries involving the interest of the chief executive
ofcer, any director or controlling shareholder, either still subsisting at the end of the nancial year or entered into since the end
of the previous nancial year.
Additional Requirements of SGX-ST Listing Manual