Excelpoint Technology Ltd (the “company”) is committed to having and maintaining high standards of Corporate governance. The Company believes that good corporate governance inculcates an ethical environment and enhances the interest of all shareholders.

The Board currently comprises three independent non-executive directors and three executive directors. The Board has examined its size and is satisfied that it is an appropriate size for effective decision making, taking into account the nature and scope of the Company’s operations. The independent directors consist of respected individuals from different backgrounds whose core competencies, qualifications, skills and experience are extensive and complementary.

The Board believes in the importance of maintaining a sound system of internal controls to safeguard the interests of the shareholders and the Group’s assets. In the absence of any evidence to the contrary, the Board believes that the system of internal controls maintained by the Company’s management is adequate to meet the needs of the Group in its current business environment.

The company does not practise selective disclosure if material information. Material and price-sensitive information is always released on SGXNET after trading hours. For more information on Excelpoint’s Corporate governance practices, please see: Corporate governance.