Frontken Berhad Annual Report 2019

26 Frontken Corporation Berhad (651020-T) ANNUAL REPORT 2019 Corporate Governance Overview Statement (cont’d) PRINCIPLE A – BOARD LEADERSHIP AND EFFECTIVENESS (cont’d) I. Board Responsibilities (cont’d) Continuous Professional Development (cont’d) Directors Training/Seminar/Conference/Workshop Ng Wai Pin • ESG Seminar for FTSE4Good Bursa Malaysia Index • Invest Malaysia – Tokyo, Japan • Invest Malaysia KL - The Capital Market Forum • Duties and Responsibilities of Directors under Listing Requirement and the Malaysia Code on Corporate Governance - common breaches of the Listing Requirements and latest amendments to Listing Requirements • CLSA Malaysia Small Cap Access Day – Singapore • Semicon West, San Francisco, USA • Semicon Taiwan, Taipei • JPM Asia Rising Dragons – Kuala Lumpur • JPM Asia Rising Dragons – Singapore Dr Tay Kiang Meng • CIO2SME Technology Conference 2019 - Technology Inclusion or Infusion? • ConnecTechAsia • The 21st Annual SME Conference and 22nd Infocomm Commerce Conference Techinnovation Singapore organised by Intellectual Property Intermediary Singapore Dato’ Haji Johar bin Murat @ Murad • Integrated Reporting: Communicating Value Creation Ng Chee Whye • Mandatory Accreditation Programme Gerald Chiu Yoong Chian • Mandatory Accreditation Programme II. Board Composition The Board currently consists of five (5) members, comprising two (2) Executive Directors, one (1) Non-Independent Non-Executive Director and two (2) Independent Non-Executive Directors, the composition of which accords with Main Market Listing Requirements of Bursa Securities, which stipulate that at least two (2) Directors or one-third (1/3) of the Board, whichever is higher, must be independent. The Non-Executive Directors, which comprise the majority of Board members, provide the necessary checks and balances in the Board’s exercise of its functions by providing an objective and unbiased evaluation of the Board’s decisions and decision-making process. The Executive Directors are complemented by the experience and independent views of the Non-Executive Directors who are professionals in the field of finance, accounting, administration, strategic management, and research and development. The Board members possess a fair range of business, finance, administration, research and development, and legal experience. The mix skills and experience are pivotal in directing and supervising the Group’s overall business activities in light of the increasingly challenging economic and operating environment in which the Group operates. The profile of each Director is set out on pages 15 to 17 of the Company’s 2019 Annual Report. The Nomination Committee (“NC”) is entrusted to assess the adequacy and appropriateness of the Board composition, identifying and recommending suitable candidates for Board membership and also to assess annually the performance of the Directors, succession plans and Board diversity, covering gender, age and ethnicity diversity, training courses for Directors and other qualities of the Board, including core-competencies which the Independent Non-Executive Directors should bring to the Board. The Board has the ultimate responsibility to decide on the appointment. This process ensures that the Board membership accurately reflects the long-term strategic direction and needs of the Company and determines the skill matrix to support the strategic direction and needs of the Company.