98 | CapitaLand Limited Annual Report 2014
Appendix
Directors’ Report
DIRECTORS’ INTERESTS IN CONTRACTS
During the mnancial year, the following directors of the Company had accepted the voluntary cash offer made by Sound
Investment Holdings Pte Ltd, a wholly-owned subsidiary of the Company, for all the remaining ordinary shares of CMA
that the Company does not already owned, at a price of $2.35 per share.
Number of
Shares held
Value
$
Ng Kee Choe
149,916
352,303
Peter Seah Lim Huat
29,000
68,150
Lim Ming Yan
99,774
234,469
James Koh Cher Siang
45,800
107,630
Tan Sri Amirsham Bin A Aziz
31,906
74,979
Directors’ interests in contract which arose before their appointment as directors are not set out herein.
Save as disclosed above, since the end of the last mnancial year, no other director has received or become entitled to
receive a benemt by reason of a contract made by the Company or a related corporation with the director, or with a mrm
of which he is a member or with a company in which he has a substantial mnancial interest.
Directors’ emoluments are disclosed in iCorporate Governance Reportw.
ARRANGEMENTS TO ENABLE DIRECTORS TO ACQUIRE SHARES AND DEBENTURES
Except as disclosed under the Directors’ Interests in Shares or Debentures and Share Plans sections of this report,
neither at the end of nor at any time during the mnancial year was the Company a party to any arrangement whose
objects are, or one of whose objects is, to enable the directors of the Company to acquire benemts by means of the
acquisition of shares in or debentures of the Company or any other body corporate.
SHARE PLANS – CAPITALAND SHARE OPTION PLAN, PERFORMANCE SHARE PLAN AND RESTRICTED
SHARE PLAN
The Executive Resource and Compensation Committee (ERCC) of the Company has been designated as the Committee
responsible for the administration of the Share Plans. The ERCC members at the date of this report are Mr Ng Kee Choe
(Chairman), Mr Peter Seah Lim Huat, Mr Simon Claude Israel and Mr Stephen Lee Ching Yen.
The CapitaLand Performance Share Plan 2010 (PSP 2010) and CapitaLand Restricted Share Plan 2010 (RSP 2010)
were approved by the members of the Company at the Extraordinary General Meeting held on 16 April 2010.
The duration of each share plan is 10 years commencing on 16 April 2010. The Company did not extend the duration
of, or replace, the existing CapitaLand Share Option Plan which expired on 16 November 2010. All share options
granted under the CapitaLand Share Option Plan prior to its termination will continue to be valid and be subject to the
terms and conditions of the plans.
The ERCC of the Company has instituted a set of share ownership guidelines for senior management who
receives shares under the CapitaLand Restricted Share Plan and CapitaLand Performance Share Plan. Under these
guidelines, members of the senior management team are required to retain a portion of the total number of
CapitaLand shares received under the aforementioned share-based plans, which will vary according to their job grades
and base salaries.
The total number of new shares which may be allotted, issued and/or delivered pursuant to awards granted under the
Share Plans on any date, when aggregated with existing shares (including shares held in treasury and cash equivalents)
delivered and/or to be delivered, pursuant to the Shares Plans, and all shares, options or awards granted under any
other share schemes of the Company then in force, shall not exceed 8% of the total number of issued shares (excluding
treasury shares) from time to time.
Details of awards granted under each plan are provided in the following sections.
