Datasonic Group Berhad 66 Audit Committee Report The Audit Committee of Datasonic Group Berhad (“the Company”) is pleased to present the Audit Committee Report for the financial year ended 31 March 2022, 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 four (4) members with the majority being Independent and Non-Executive Directors (“INED”) in compliance with the requirements of paragraphs 15.09 (1) (a) and (b) of the Main Market Listing Requirements (“MMLR”) of Bursa Malaysia Securities Berhad (“Bursa Malaysia”). The Chairman of the Audit Committee, Mr. Yee Kim Shing, is a member of the Malaysian Institute of Accountants, the Institute of Chartered Accountant 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 31 March 2022 and full attendance were recorded for all members except for Encik Azrul bin Yahaya who attended one (1) meeting subsequent to his appointment in November 2021. The attendance of the members at the meetings are 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 bin Wan Hasan Member, Independent Non-Executive Director 4/4 Dato’ Wan Ibrahim bin Wan Ahmad Member, Independent Non-Executive Director 4/4 Encik Azrul bin Yahaya Member, Non-Independent Non-Executive Director 1/1 In compliance with the requirements of paragraph 15.20 of Bursa Securities Listing Requirements and MCCG, the Board of Directors (“Board”) reviewed the terms of office and performance of the Audit Committee and each of its members by way of an annual effective evaluation carried out by the Nomination and Remuneration Committee in May 2022. Based on the Nomination and Remuneration Committee’s assessments and recommendations, 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 that the Group upholds appropriate Corporate Governance Standards and practices. MEETINGS The Audit Committee meetings were also attended by the Managing Director, Deputy Managing Director, representatives of the external auditors, Chief Corporate Officer, Chief Financial Officer, internal auditors and relevant members of the Management team to facilitate continuous engagement, direct communication and provide clarification on audit issues, Group’s operations as well as other issues and matters within the terms of reference of the Audit Committee that warranted the attention of the Audit Committee in a timely manner, as applicable. Matters of significant concern raised by the internal and external auditors, if any, were duly conveyed and dealt with by the Audit Committee and/or the Board. Minutes of each Audit Committee meeting were recorded and tabled for confirmation and adoption at the next following Audit Committee meetings and subsequently presented to the Board for notation. The minutes of the Audit 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 Overview Statement under “Directors’ Training”.
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