loyalty fee, rental fee, construction fee, decoration fee, equipment fee, and other expenses relating to the Project; Hero Experience has entered into credit facilitie agreements on May 23, 2018 with the
, 2018 and for commercial launch date on June 29, 2018. Furthermore, due to the fact that Hero Experience needs more financial support for loyalty fee, rental fee, construction fee, decoration fee
arrangements. We refer to both non-executive and independent non-executive directors (also known as ‘outside directors’) throughout the Principles. This recognises the different approaches to board composition
, transparent and fully explained. Supervisory, regulatory and enforcement responsibilities should be vested with bodies that are operationally independent and accountable in the exercise of their functions and
then posted on their websites. Most directors are non-executive, and typically at least one third are considered independent of management and major shareholders. Most boards also have separate chairs
the Nomination Committee members should be Independent Directors while the remaining should be Non-Executive Directors. The Chairman of the Committee should be an independent director. 2.2 To avoid a
delivering value to the benefit of beneficiaries or clients over the appropriate time-horizon. 1.2 Independent oversight Institutional investors should be led by boards or other governance structures that act
loyalty; (2) performing duties with responsibility and deliberation as a professional and treating each investor with fairness, carefulness and circumspection by taking into account the interest of
submit additional information; (3) have an independent expert prepare an opinion related to 7 Added by the Notification of the Capital Market Supervisory Board No. Tor Jor. 26/2562 Re: Provisions relating
board‟s responsibilities inherently demand the exercise of objective, independent judgement. However, given the ownership structure in Asia, directors often remain appointees of controlling shareholders