Board Meetings 2016

Board of Commissioners Meetings

Board of Commissioners convene meetings or at any time that it is deemed necessary by the members. The Company holds monthly Board of Commissioners meetings to discuss Company's performance and relevant issues to monitor the execution of the Company's strategic planning and work plan. The Board of Commissioners is also abliged to convene joint meeting with the Board of Directors at least once for every 4 (four) months.

In Addition the Company also holds the Board of Commissioners Meetings that are attended exclusively by the Commissioners, without the presence of the Board of Directors.

Board of Commissioners convened 10 regular meetings and 3 joint meeting with Board of Directors during 2016. The following table are illustrates the frequency and attendance.

Attendance List of the Board of Commissioners Regular Meetings

Attendance List of the Joint Meetings BOC with BOD

 

Board of Directors Meetings

Board of Directors shall discharge its duties through its monthly meetings. The President Director determines the agenda for Board meetingsand ensure smooth meeting procedures with clear decisions and resolutions. The Board of Directors shall convene joint meeting with Board of Commissioners at least once on every 4 (four) months.

Board of Directors convened 15 regular meetings and 3 joint meeting with Board of Commissioners during 2016. The following table are illustrates the frequency and attendance.

Attendance List of the Board of Directors Regular Meetings

Attendance List of the Joint Meetings BOD with BOC