The Board has adopted the Code of Corporate Governance Practices which provides guidelines to reinforce our corporate governance principles. Continuous efforts are made to review and enhance the Group internal controls and procedures in light of local and international developments to instill best practices. To us, maintaining high standards of corporate governance practices is not just complying with the letter of the provisions but also the intent of the regulations to enhance corporate performance and accountability. 2011 Corporate Governance Report Board Audit Committee Composition Sat Pal Khattar (Chairman) Volker Stoeckel (Member) Roderic N. A. Sage (Member) Terms of Reference Board Remuneration Committee Composition Quek Leng Chan (Chairman) Volker Stoeckel (Member) Roderic N. A. Sage (Member) Terms of Reference