TERMS OF REFERENCE
The Remuneration Committee shall be appointed by the Board from among the Directors of the Company and shall consist of a minimum of three (3) members, a majority of whom must be Non-Executive Directors.
The members of the Remuneration Committee shall elect the Chairman from among their members who shall be an independent and Non-Executive Director.
The Company Secretary or a nominee shall act as secretary of the Remuneration Committee.
There should be at least two or half of the Remuneration Committee, whichever is the higher, of which the members present must be a majority of Independent Non-Executive Directors.