2020 ASEAN Corporate Governance Scorecard

Level 1 PRIMARY CGS SECTIONS
E.3.4

Does the company require a minimum quorum of at least 2/3 for board decisions?

Response

YES. To enhance best practices in Board performance effectiveness, our amended By-Laws require a Board attendance quorum requirement from majority as per regulatory requirement to two-thirds (2/3).

 

Good Governance Department

Joseph D. Susa
Tel: (+632) 8888-3942
Email: [email protected]