REPORT ON CORPORATE GOVERNANCE
Annual Report 2015
Karin Technology Holdings Limited
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PRINCIPLE 16 – CONDUCT OF SHAREHOLDER MEETINGS
The Company holds its AGM in Singapore. The Board welcomes shareholders to voice out their views and direct questions
regarding the Group at the AGM. The members of the Board and the Board Committees, senior management and
external auditors would be present at the AGM to answer questions from shareholders.
Minutes of general meetings include substantial and relevant queries or comments from shareholders discussed in the
AGM relating to the agenda of the meeting and responses from the Board and management. These minutes would be
available to shareholders upon their request.
The Company will put all resolutions to vote by poll at the forthcoming AGM and release an announcement on the
detailed results.
DEALINGS IN SECURITIES
The Directors of the Company have devised and adopted its own internal compliance code on Securities Transactions
by Officers to govern the dealings in securities by the Company, the Directors and Officers of the Company and the
Group, which is guided by the requirements of Rule 1207(19) of the SGX-ST.
In line with the internal compliance code, the Company issues circulars to its Directors, Officers and employees of the
Group to ensure that there must be no dealings in the listed securities of the Company on short term considerations or
one month before release of the half-yearly and full year financial results, and if they are in possession of any unpublished
material price-sensitive information. All Directors are also required to file with the Company reports on all their dealings
in the listed securities of the Company on a timely basis.
MATERIAL CONTRACTS
There are no material contracts of the Company or its subsidiaries involving the interest of the Executive Chairman and
CEO or any other Directors or controlling shareholders subsisting at the end of the financial year.
INTERESTED PERSON TRANSACTIONS
The Group has established procedures to ensure that all transactions with interested persons are reported in a timely
manner to the ARMC and that the transactions are conducted on an arm’s length basis and are not prejudicial to the
interest of the shareholders.
There was no transaction with interested persons during the financial year ended 30 June 2015 that exceeded the
stipulated thresholds as specified in Chapter 9 of the Listing Manual of the SGX-ST.
