Datasonic Group Berhad Annual Report 2019

The Audit Committee of Datasonic Group Berhad (“the Company”) is pleased to present the Audit Committee Report for the financial year ended 31 March 2019 which provides insights into the manner in which the Audit Committee discharged its functions, roles and responsibilities for the Company during the financial year. COMPOSITION AND ATTENDANCE The Audit Committee comprises of three (3) members, all of whom are Independent and Non-Executive Directors (“INED”) incompliancewith the requirementsof paragraphs15.09 (1) (a) and (b) of theMainMarket ListingRequirements (“MMLR”) of BursaMalaysia Securities Berhad (“BursaMalaysia”). The Chairman of the Audit Committee, Mr. Yee Kim Shing is amember of theMalaysian Institute of Accountants (“MIA”), the Institute of CharteredAccountant of Australia and the Institute of Certified Public Accountants of Singapore which further complies with paragraph 15.09 (1)(c)(i) of the MMLR. The Audit Committee held four (4) meetings during the financial year ended 31March 2019 and the attendance of the members was as follows:- Audit Committee Members Designation Numbers of meetings attended Mr. Yee Kim Shing @ Yew Kim Sing Chairman, Independent Non-Executive Director 4/4 Dato’ Wan Mohd Safiain binWan Hasan Member, Independent Non-Executive Director 4/4 Dato’ Wan Ibrahim binWan Ahmad Member, Independent Non-Executive Director 4/4 The Board reviewed the terms of office and performance of the Audit Committee and its members through an annual effectiveness evaluation carried out by the Nomination and Remuneration Committee. Based on the Nomination and Remuneration Committee’s assessment and recommendation, the Board is satisfied that the Audit Committee and its members have carried out their functions, duties and responsibilities in accordance with its Terms of Reference which supported the Board in ensuring the Group upholds appropriate Corporate Governance Standards and practices. MEETINGS Upon invitation byAudit Committee, theAudit Committeemeetingswere attended by theManagingDirector, Deputy Managing Director, representatives of the External Auditors, Chief Operating Officer, Chief Financial Officer, Internal Auditors and relevant members of theManagement Team to facilitate direct communication and provide clarification on audit issues, Group’s operations as well as other matters within the terms of reference of the Audit Committee, as applicable. Minutes of eachAuditCommitteemeetingwere recordedand tabled for confirmationandadoptionat thenext following Audit Committeemeeting and subsequently presented to the Board for notation. Theminutes of theAudit Committee meetings which include details of deliberations, decisions and resolutions on the matters brought up in the meetings are properly maintained by the Company Secretary. AUDIT COMMITTEE MEMBERS’ TRAINING Information on training programmes and seminars attended by each Audit Committee member during the financial year are set out in the Corporate Governance Statement under “Directors’ Training”. AUDIT COMMITTEE REPORT 67 DATASONIC GROUP BERHAD (Company No. 809759-X) ANNUAL REPORT 2019