The RC comprises Mr James Koh Cher Siang as the Chairman, with Mr Richard Edward Hale and Mrs Arfat Selvam (appointed on 2 January 2006) as members. There were four meetings of the RC held in 2006.

The committee’s role and functions are to:
• Review the adequacy of CapitaLand’s risk management process;
• Review and approve in broad terms, the risk guidelines and limits. These include country concentration limits and riskadjusted country hurdle rates for the Group and the SBUs, which are reviewed annually; and
• Review CapitaLand’s risk portfolio and risk levels, as assisted by the CapitaLand Corporate Risk   Assessment Group, which is responsible for compiling the Group Quarterly Risk Report. Included in the   report is a monitoring of the utilisation rates of approved country and treasury limits of the Group.

Corporate Disclosure Committee
The CDC is chaired by Mr James Koh Cher Siang and comprises Mr Liew Mun Leong and Mrs Arfat Selvam (appointed on 2 January 2006).

The CDC reviews corporate disclosure issues and announcements made to the SGX-ST, and ensures the adoption of good corporate governance and best practices in terms of transparency to shareholders and the investing community. The views and approvals of the CDC were sought throughout the year on various announcements and news releases issued by the Company.

DEALINGS IN SECURITIES
Taking into consideration the SGX-ST Best Practices Guide, the Company has
issued guidelines to directors and employees in the Group, prohibiting dealings in the Company’s securities, while in possession of material unpublished price-sensitive information and during the period of two weeks before and up to the time of announcement of the results (quarterly, half-yearly and full-year).

Directors and employees are also prohibited from dealing in securities of other listed companies in the Group while in possession of unpublished price-sensitive information by virtue of their status as directors and/or employees. They are also made aware of the applicability of the insider trading laws at all times.