More info from the admission document.
"Compensation committee
The compensation committee currently consists of the three independent directors, Mr. Nils Erik Sandberg, Mr. Yap
Koi Ming and Mr. Lim Chang Soh. The compensation committee has been adopted for the purpose of assisting the
Board of Directors in fulfilling its responsibilities to the shareholders, relating to developing policies and making
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specific recommendations to the Board of Directors with respect to the direct and indirect compensation of the
Company's Management. The goal of these policies is to ensure that an appropriate relationship exists between
executive pay and the creation of shareholder value, while at the same time motivating and retaining key employees. "
Especially this sentence makes you laugh or cry.
"The goal of these policies is to ensure that an appropriate relationship exists between
executive pay and the creation of shareholder value"
I am not a member of the Jordan fund anymore, but those of you who are, please ask Mr Sandberg, the leader of the compensation comittee, at the annual spring dinner if he thinks that he has done a good job as a member of the BOD and chairman of the compensation committee.
