MKH Annual Report 2019

062 A N N U A L R E P O R T 2 0 1 9 CORPORATE GOVERNANCE OVERVIEW STATEMENT PRINCIPLE C: INTEGRITY IN CORPORATE REPORTING AND MEANINGFUL RELATIONSHIP WITH STAKEHOLDERS (CONT’D) II. Conduct of General Meetings The AGM which is held once a year is the principal forum for dialogue with individual shareholders. At the Company’s AGM, shareholders have direct access to the Board and are given the opportunity to ask questions during the AGM. The shareholders are encouraged to ask questions both about the resolutions being proposed or about the Company’s operations in general. The Chairman of the Board also addresses the shareholders on the review of the Company’s operations for the financial year and outlines the prospects of the Company for the new financial year. Additionally, immediately after the AGM, the Board also meets members of the press. The external auditors of the Company are invited to attend the AGM to answer any questions relating to the conduct of the audit and contents of the Auditor’s Report. Statement on Compliance The Board having duly considered the rationale for the said exception as explained in the CG Report is committed to comply with the key Principles and Practices of the Code. This Corporate Governance Overview Statement has been approved by the Board on 26 December 2019.