Exec. Director's Message
Vision, Mission & Objectives
Our People
Corporate Governance
Strategic Advisory
Corporate Governance
Although the UK Corporate Governance Code issued by the UK Financial Reporting Council from time to time, is not compulsory for companies trading on the PLUS-Stock Exchange, the Company has decided voluntarily to apply the principles set out in the Corporate Governance Code as far as practicable and appropriate for the Company. The Company has established the following specialised committees to provide recommendations and necessary assistance to the Board of Directors:
Audit Committee
The audit committee comprises Noor Aldeen Subhi Ahmed Atatreh, Dr Abdulaziz Fahad H. Alongary and Edwin Lee.
It is responsible for providing formal and transparent arrangements for considering how to apply suitable financial reporting and internal control principles having regard to good corporate governance and maintaining an appropriate relationship with the Company's auditors.
Remuneration Committee
The remuneration committee comprises Noor Aldeen Subhi Ahmed Atatreh, Dr Abdulaziz Fahad H. Alongary and Robin Paynter Bryant.
The remuneration committee is responsible for stabilising a formal and transparent procedure for developing policy on executive remuneration and to set the remuneration packages of individual directors. This includes agreeing with the Board the framework for remuneration of the Chief Executive, all other executive directors, the Chairman, the Company Secretary and such other members of the executive management of the Company as it is designated to consider. It is furthermore responsible for determining the total individual remuneration packages of each Director including, where appropriate, bonuses, incentive payments and share options.
PLUS Compliance Committee
The committee comprises Noor Aldeen Subhi Ahmed Atatreh and Robin Paynter Bryant.
The PLUS compliance committee monitors and reports on the Company's compliance with the PLUS Rules.
