Directors According to Company Act 1965, director includes any person that occupying the position of a corporation by whatever name called and also includes a person in accordance with whose directions or instructions the directors of a corporation are accustomed to act and an alternate or substitute director. It means the function performed by director is the indicator of a real director rather than his/her title. a director is a trustee or officer of the corporation as stated in Section 4(1) of CA1965 and he/she is liable for the default happen in the corporation due to his/her failure in complying with the Company Act 1965. NAME OF THE COMPANY EXECUTIVE DIRECTORS INDEPENDENT DIRECTORS NON-INDEPENDENDENT NON-EXECUTIVE DIRECTORS Apollo Food Holdings Berhad 1) Mr Liang Chiang Heng (chairman) 2) Mr Liang Kim Poh 1) Mr Ng Chet Chiang 2) Mr Abdul Rahim bin Bunyamin 3) Datin Paduka Hajah Aminah binti Hashim 1) Datuk P Venugopal A/L V. K. Menon Silver Bird Group Berhad 1) Dato' Dr Gan Khuan Poh (chairman) 2) Richard George Azlan bin Abas 3) Dato' Sri Talaat bin Husain 1) Dato' Lee Kok Chuan 2) Adi Azuan bin Abdul Ghani In both companies that we studied, which are Apollo Food Holdings Berhad and Silver Bird Holdings Berhad, both of them have more than two directors. It shows that they are complying with the section 122 (1) of CA 1965. Furthermore, in Apollo Food Holdings Berhad, there are three types of directors which are executive directors, independent non-executive directors and non-independent non-executive directors, whereas in Silver Bird Group Berhad, there are only two types of directors, which are independent non-executive directors and non-independent non executive directors. Silver Bird Group Berhad does not have any execu... ... middle of paper ... ...ing as they are complying what had been stated in Bursa Malaysia Listing Requirements. Bursa Malaysia also requires directors of company have to attend training program prescribed by Bursa Malaysia as it is important to improve their skills and knowledge under para 15.09. In addition, BM also requires listed issuer to have a statement of the brief description of the training attended by directors and the reason for any absentee of any training program in the annual report. All the directors of Apollo Food Holdings Berhad attended the training program prescribed for them and they did state about the training program in the annual report. On the other hand, directors of Silver Bird Group Berhad did attend several training program. However, the training programs attended just stated in general sentences without specifically stating at least the title of the programs.
The training program should be designed which covers all of its employees and they need to identify which part of its organization is bad need of training and they need to start designing its training program from that part. This training program should need support from superiors, trainers and trainees.
It is hard to imagine a person who has not heard of Steven Spielberg. He is one of the most renown, if not the most renown, American filmmakers of the century. His films have captivated and helped develop imaginations of contemporary society and remain among the most successful films ever made.
The corporation’s business is carried out by its management, under the direction of the Board of Directors. The Board, and each committee of the Board, has complete access to management. Also, the Board and committee member’s has access to independent advisors as each considers necessary or appropriate. Mallor, Barnes, Bowers, & Langvardt (2010) state that the Board of Directors also, issues shares, Adopts articles of merger or sha...
There 's nothing better than getting into your seat at a packed theater, settled in with your popcorn and snacks, and suddenly after just moments of the film you know it is going to blow you away. Many account the spectacular success in movies to the producers, directors, or actors, but how did they all find one another to make a spark on screen? A key player in making the connections and acting so amazing is the casting director, but many overlook this role. Essentially, casting is assigning a part in a movie, play, or other production, thus the casting director must find the perfect person for the job. What would be Forest Gump without Tom Hanks, or more recent parts such as Jennifer Lawrence as Katniss— we can 't image these roles played by anyone else. The casting directors picked them perfectly and knew what talent they would bring. Casting directors are crucial people when making a movie come to life and deserve more credit for their strenuous and imperative task.
According to Corporation Act 2001 s124(1), it illustrates that ‘’A company has the legal capacity and powers of an individual both in and outside the jurisdiction” . As it were, company as a legal individual must be freely with all its capital contribution shall embrace liability for its legal actions and obligations of the company’s shareholders is limited to its investment to the company. This ‘separate legal entity’ principle was established in the case of Salomon v Salomon & Co Ltd [1987] as company was held to have conducted the business as a legal person and separate from its members. It demonstrated that the debt of company is belonged to the company but not to the shareholders. Shareholders have only right to participate in managing but not in sharing the company property. Besides ,the Macaura v Northern Assurance Co Ltd [1925] demonstrates that the distinction between the shareholders and company assets. It means that even Mr Macaura owned almost all the shares in the company, he had no insurable interest in the company’s asset. The other recent case is the Lee v Lee’s Air Farming Ltd [1961] which illustrates that the distinct legal entities between employee ad director allows Mr.Lee function in dual capacities. It resulted that the corporation can contract with the controlling member of the corporation.
movies he was not a good student. He hated school and was one of the most
Corporate gorverance as a system are directed and controlld by companies. Initially, their board of directors should take responsible for the gorverance of companies, which include setting strategic aims of companies , guarantee an effective leadership, supervising the proformance of business management and reporting on it to shareholders. The board's action should comply with the law, regulations and shareholders. In addition, the shareholders also play an important role in gorverance and they have right to decide who can be employed as the companies' directors and auditors to provide good governance structure for them. Therefore, corporate goverance can be regarded as what the board of a company does and how it sets the values of the company.
A registered company, as an artificial person is separate from its members and exists only by virtue of the Companies Act under which it is incorporated. When a business is incorporated, it becomes a separate legal entity and, therefore, can be sued and sue without affecting the shareholders personal assets. This was established in “Salomon v A Salomon Co.Ltd”. Separate legal personality is known as the veil of Incorporation. This protects the shareholder and places the responsibility of the company onto the directors. These duties are outlined in the Companies act 2014.
Sections 260-264 of Companies Act 2006 (the Act) can be considered as ‘new regime’ for regulating derivative actions supersedes the common law derivative action. Under the Act, a derivative action may be brought only under statute , by any member , against any director (including former and shadow directors) and other persons implicated in the breach , former directors are included and/or in respect of negligence, default, breach of duty and breach of trust by a director of the company.
As a consequence of the separate legal entity and limited liability doctrines within the UK’s unitary based system, company law had to develop responses to the ‘agency costs’ that arose. The central response is directors’ duties; these are owed by the directors to the company and operate as a counterbalance to the vast scope of powers given to the board. The benefit of the unitary board system is reflected in the efficiency gains it brings, however the disadvantage is clear, the directors may act to further their own interests to the detriment of the company. It is evident within executive remuneration that directors are placed in a stark conflict of interest position in that they may disproportionately reward themselves. The counterbalance to this concern is S175 Companies Act 2006 (CA 2006) this acts to prevent certain conflicts arising and punishes directors who find themselves in this position. Furthermore, there are specific provisions within the CA 2006 that empower third parties such as shareholders to influence directors’ remuneration.
According to Mathis and Jackson (2003) referred to the definition of training and development. It can be known that these behaviors are designed by the organization. In order to improve the performance of staffs. Training and development contain a large number of educational techniques and programs. “Training can consist of on-job training, off-job training, formal training, skill
Directing Television programs requires hardwork and dedication and this involves taking some risks about your life too because as a television director you have to work with different people of different characters and when people are on stage performing they have to work according to your directions. People become tense on stage and they sometimes become frustrated easily by being asked to repeat the same thing so many times and some end up losing temper and they can sometime injure the director both emotionally and physically. There is never free time for television directors, instead of paying more attention to the family needs they devote so much time to their work because of the artistic ideology they posses, wherever they are they should be thinking about how they will direct in the next project and what new things to add on that particular program to put a new look hence giving inadequate attention to their partners/family. “Rafkin recounts how his directing of temperamental actors, as he confronted their frustrations and dodged their blows, made life on TV set a world unto itself. Indeed, having a good sense of humor helped him survive three divorces and as many open-heart surgeries ( Alan Rafkin, Tales from TV's Most Prolific Sitcom Director).
.... It is the directors’ responsibility to identify potential risks that the company is likely to face or risks already faced by the company. This is basically to prevent such risk to arise again that may negatively affect the company’s operation. By identifying the risks, it allows the company to prepare step by step solutions to prevent or overcome such risk beforehand. It also allows company to take control of risks before risks affect the company seriously.
My entire life I have been fascinated with film and commercials. As a kid, I would stop what I was doing to watch a commercial. This has not changed through the years. My goal in life is to work in the film industry and work with video. This may have developed from my brother’s short term love for the video arts. Like most little brothers I followed in his footsteps through a lot of things and most of them would not stick. As I grew older I developed my own different ideals and likes. But, video just stuck with me. Even if film production doesn’t work out I have always had a childlike excitement for fighting fires. Being the person to save the day is something that everybody wants to do, but not everyone peruses this dangerous career.
In the present case, the company (LP) has six individuals on the board of directors (Andy, Brian, Chris, David, Evan and Faith). All these directors, particularly Andy, felt that it would be prudent to restructure