Determine the total individual remuneration package of each Executive Director, the Company Secretary and the Chairman including bonuses, incentive payments and any compensation payments; Monitor the level and structure of remuneration for senior management; Oversee any major changes in employee benefits structures throughout the Company or the Group; Review the policy for authorizing claims for expenses from the Chief Executive Officer and the Chairman; Ensure that all provisions regarding disclosure of remuneration; Review of the Remuneration Committee's performance; review of and proposed amendment to the terms of reference; approval of the Directors' remuneration report Be responsible for establishing the selection criteria, selecting, appointing and setting the terms of reference for any remuneration consultants who advise the Remuneration Committee; and Obtain reliable, up-to-date information about remuneration in other companies, with a view to judging where to position the Company relative to other companies. The Remuneration Committee shall have full authority to commission any reports or surveys which it deems necessary to help it fulfil its obligations.
92 VALUATION REPORT OF SECURITIES PREPARED BY THE ISSUE MANAGERSSECTION: XV(a)The valuation report of securities to be offered shall be prepared and justified by the issue manager on the basis of the financial and all other information pertinent to the issue; We, The Issue Manager prepared the valuation report of securities offered is prepared and justified on the basis of the financial and all other information pertinent to the BBS Cables Ltd.. The fair value is determined under different valuation methods referred in Clause No. Annexure-E(B)(14) of Bangladesh Securities and Exchange Commission (Public Issue) Rules, 2015. (b)To prepare the valuation report, the issue manager may consider all qualitative and quantitative factors which shall be explained in details with rationale to consider such factors, the valuation methods used, sources of information and authenticity of such information; Qualitative and quantitative factors of Valuation considered for the preparation of Valuation report are given below: BBS cables Ltd. has a very good potential in local market. Good Corporate Governance is a key factor for a business and it is well-practiced in BBSCL. Because of good profitability and sustainable growth, BBS Cables Ltd. has Goodwill in the market. Management is highly experience and they are leading persons in their arena. Enjoying consistent earnings and EPS. The Company obtained ISO Certificate from Intertek Certification LtdManufacture Marketing Sales and Distribution of Electrics Cables.
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