MSM Malaysia Holdings Berhad Annual Report 2019

INTERNAL POLICIES, PROCEDURES AND GUIDELINES Listed below are some of the Group’s policies and procedures: POLICIES Title Description CORPORATE COMMUNICATION Media and Spokesperson Policy The purpose of this Policy is a guidance for disclosure, disseminating consistent and proactive management of information released to the media whilst safeguarding MSM’s reputation and assets. Applicable for media statement, interviews, enquiries and comments. STRATEGY Investment Policy The purpose of this Policy is to provide detailed guidance and key policies in respect to the investment decision making process. This policy also describes the parameters for investing funds and identifies the investment objectives, preferences or tolerance for risk, constraints on the investment, and how the investment program will be managed and monitored. CORPORATE GOVERNANCE AND RISK MANAGEMENT Risk Management Policy The purpose of this Policy is to provide a framework for the management of risk and also to increase overall awareness of risk throughout the MSM Group. Enabling managers and those responsible for risk reporting, to better identify, assess and control risks within their areas. It seeks to enforce ownership. It defines roles and responsibilities to help ensure the risk management process is understood. Governance of Policies & Procedure Policy The purpose of this Policy is to manage the process of creating, communicating, and maintaining policies and procedures within the MSM Group. This policy acts as a guideline to any respective departments in producing policy and procedures. PROCEDURES Title Description INFORMATIONTECHNOLOGY Server Backup Progress The purpose of this procedure is to serve as a guideline to back-up the server in MSM Data Centre. Revoke and Termination of Users The purpose of this procedure is to serve as a guideline for revoking and to terminating users IT Access. 103 CORPORATE GOVERNANCE 07