Corporate Governance Self-Assessment Survey Templates
Board of Directors
Board Risk Oversight Committee
Corporate Governance Committee
Related Party Transaction Committee
Corporate Governance Self-Assestment Survey Results
The Corporation recognizes that the most cogent proof of good corporate governance is that which is visible to the eyes of its investors. Therefore the following provisions are issued for the guidance of all internal and external parties concerned, as governance covenant between the Corporation and all its investors.
The Board shall be committed to respect the following rights of the stockholders, which shall be exercised in accordance with the Corporation Code, Articles of Incorporation and By-Laws of the Corporation:
It shall be the duty of the directors to promote shareholder rights, remove impediments to the exercise of shareholders’ rights and allow possibilities to seek redress for violation of their rights. They shall encourage the exercise of shareholders’ voting rights and the solution of collective action problems through appropriate mechanisms. They shall be instrumental in removing excessive costs and other administrative impediments to shareholders’ meaningful participation in meetings, whether in person or by proxy. The directors shall ensure timely distribution of accurate shareholder information necessary to make informed decisions subject to legal constraints.
The Board shall give minority stockholders the right to propose the holding of meetings and the items for discussion in the agenda that relate directly to the business of the corporation.
RISK MANAGEMENT POLICY
Conflict of Interest
Related Party Transactions
Employee Development and Growth
D&L Industries is committed to the highest standards of responsible corporate governance. Our Board is elected annually and currently consists of seven directors, four of which are non-executive and independent.
The most recent election of the following Board Members was on June 4, 2018
Yin Yong Lao - Chairman
John Lao - Vice Chairman
Alvin Lao - President & Chief Executive Officer
Mercedita Nolledo - Independent Director
Filemon Berba - Independent Director
Corazon de la Paz-Bernardo - Independent Director
Lydia Balatbat-Eschauz - Independent Director