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	Corporate Profile Vision Products and Services Corporate Governance Corporate Details
		The Company is committed to maintaining a high standard of Corporate Governance, as set out in the Code of Corporate Governance issued by the Singapore Exchange Securities Trading Limited("SGX-ST"), in order to protect the interests of its shareholders, customers and employees. To this end it has established the following self-regulatory corporate practices and monitoring mechanisms. Board of Directors The Board of Directors has two independent Directors and four other Directors. The Board meets quarterly to review, consider and approve strategic, operational and financial matters as well as to supervise executive management. The Board has overall responsibility for the Corporate Governance of the Group, including the strategic direction and review of the operational plans and capital expenditure budget developed by the management team and performance against those plans. The Group Chief Executive Officer is responsible for the day-to-day operation and administration. Major issues arising are highlighted to the Board which makes decision based on the recommendations of Management. Apart from its statutory responsibilities, the Board also ensures that the principal risks of the Group's business are identified and properly managed.
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