FGV Annual Report 2015

129 WHO WE ARE & WHAT WE DO OUR STRATEGIC INTENT & PERFORMANCE HOWWE ARE GOVERNED CREATING SUSTAINABLE VALUE OUR NUMBERS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING ADDRESSING OUR RISKS & OPPORTUNITIES Felda Global Ventures Holdings Berhad Annual Integrated Report 2015 Statement on Corporate Governance INDEPENDENT DIRECTORS Senior Independent Director The Board has identified Dato’ Yahaya Abd Jabar as the Senior Independent Non-Executive Director to whom concerns of Shareholders and Stakeholders may be conveyed. Shareholders and other interested parties may contact Dato’ Yahaya Abd Jabar to address any concerns in writing or via telephone, facsimile or electronic mail as follows: Tel : +603 2859 0003 Fax : +603 2859 0016 Email : ajyahaya@feldaglobal.com Postal address : Felda Global Ventures Holdings Berhad, Level 45, Menara Felda, Platinum Park, No. 11, Persiaran KLCC, 50088 Kuala Lumpur, Malaysia. Independent Non-Executive Directors The Board has undertaken an assessment of the Independent Non-Executive Directors, and has concluded that each of them continues to demonstrate behaviour that reflects their independence, which is in accordance with the definition under Paragraph 1.01 of the Bursa Securities Listing Requirements on the definition of Independent Directors. The independence of Non-Executive Directors is reviewed on an annual basis as part of the Directors’ evaluation process. The Board is satisfied that all its Independent Non-Executive Directors represent the interest of the minority Shareholders by virtue of their roles and responsibilities. The MCCG 2012’s Recommendation on reinforcing independence provides a limit of a cumulative term of nine (9) years tenure for an Independent Director, after which, the said Director may either seek Shareholders’ approval to continue to remain on the Board or be re-designated to a Non-Independent Non-Executive Director. To date, none of the Independent Non-Executive Directors of FGV Board have served a cumulative term of nine (9) years tenure and are therefore within this Recommendation. FGV Board Nomination and Election Policy and Procedures which was approved by the Board on 29 March 2016 formally adopted the above requirements of Bursa Securities Listing Requirements and MCCG 2012 .