Functional Committee

Audit Committee

  • Audit Committee Structure

      The members of the Audit Committee are all composed of three Independent Directors and have the power to hire and supervise lawyers, accountants or other consultants to assist them in performing their duties.

      The Audit Committee shall convene at least one regular meeting every quarter. 

      Please refer to the Company's Annual Report and relevant records for the details of the Committee's meeting and the attendance of each member.

  • Audit Committee Responsibilities

      The purpose of the Audit Committee is to assist the Board of Directors in fulfilling its oversight of the quality and integrity of the accounting, auditing, reporting and financial control practices of the Company.  

      The Audit Committee is responsible for review the following major matters: financial reports, auditing and accounting policies and procedures, internal control systems and including related policies and procedures, materials asset or derivatives transactions, materials lending funds, endorsements or guarantees, offering or issuance of any equity-type securities, compliance of laws and regulations, related-party transactions and potential conflicts of interests involving Executive Officers and Directors, Employee's complaint report, corporate risk management, hiring, dismissal or compensation of Certified Public Account, and appointment or dismissal of Financial, Accounting, or Internal Auditing Officers.

      The Audit Committee is empowered by its Charter to conduct any review and investigation it deems appropriate to fulfill its responsibilities and it also has direct access to communicate with the Internal Auditors, Certified Public Accountant and all Employees of the Company.

  • Major Policies

    Audit Committee Structure Charter

    Operational Management of Audit Committee Proceedings

 

Compensation Committee

  • Compensation Committee Structure

      The Compensation Committee shall be composed of three Independent Directors. The Chairman and the President can be invited to attend the meeting as necessary, but they shall avoid the meeting when discussing their compensation. 

      According to the Company's Rules Governing Compensation Committee Structure Charter, the Committee is composed of at least one Independent Director, and the members are appointed by the Board of Directors.

      The Compensation Committee convenes at least two regular meetings every year. Please refer to the Company's Annual Report and relevant records for the details of the Committee's meeting and the attendance of each member.

  • Compensation Committee Responsibilities

      The purpose of Compensation Committee is to assist the Board of Directors in executing the evaluating the Company's overall compensation and benefits policies, as well as the compensation for the Directors and Executive Officers.  

      The Compensation Committee is authorized by its Charter to appoint independent consultants to assist in evaluating the compensation of CEO, or Executive Officer.

     

  • Major Policies

    Compensation Committee Structure Charter

    Operational Management of Compensation Committee Proceedings

    Regulations for Compensation of Directors, Independent Directors and Executive Officers