Ordinary Business Item 3(b): Special Remuneration for Mr Koh Boon Hwee for 2007
Ordinary business item 3(b) is to sanction the payment of $1,000,000 as special remuneration for Mr Koh Boon Hwee for 2007. The Company had on 24 September 2007
announced that Mr Jackson Tai would be stepping down as Vice-Chairman and Chief Executive Offi cer, and that Mr Koh Boon Hwee, currently non-executive Chairman,
would take on an active management oversight role pending the appointment of a new Chief Executive Offi cer, to ensure leadership clarity and continuity during this
transition period. Out of the $1,000,000 proposed, it is intended that $500,000 will be paid to Mr Koh in cash and $500,000 will be paid to Mr Koh in the form of an
award of shares under the DBSH Share Plan. The number of shares to be awarded is derived by dividing the amount of $500,000 by the last dealt price of the shares
on the Singapore Exchange Securities Trading Limited on 25 February 2008 (fractions being disregarded), the date of grant of awards under the DBSH Share Plan to
employees of the Group as part of their deferred bonus for 2007.Do you have something to say about him? We all know that most publications are edited many times before being released and so may not be a useful guage for a person's integrity, character e.t.c. This site seeks to uncover the REAL persona behind the facade, be it good or bad so that, Number 1, we hold them accountable. Number 2, the public can make informed decisions before investing money in their organisations. Having a good Management team is important in investing. Number 3, to know that there is still a side of them we may not know....
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