My EG Services Berhad Annual Report 2019

MY E.G. SERVICES BERHAD [Registration No. 200001003034 (505639-K)] 82 The ARMC had diligently carried out its duties and responsibilities in accordance with its Terms of Reference and discussions were held with the internal auditors, external auditors as well as Management for the FP2019. In the course of its duties during the financial period, the ARMC is of the view that no material misstatement or loss, contingencies or uncertainties have emerged. MEMBERSHIP During the period, the members of the ARMC are as follow:- Name of ARMC Members Position Tan Sri Dato’ Dr Muhammad Rais Bin Abdul Karim Chairman, Independent Non-Executive Director %BUVL .PIE +JNNZ 8POH #JO "CEVMMBI Member, Independent Non-Executive Director Mr Wong Kok Chau Member, Independent Non-Executive Director All members of the ARMC are financially literate and are able to analyse and interpret financial statements to effectively discharge their duties and responsibilities as members of the ARMC. ARMC MEETINGS The ARMC convened seven (7) meetings during the FP2019. The meetings were appropriately structured through the use of agendas, which were distributed to members with sufficient notification and attached with comprehensive information on matters to be discussed. The details of attendance of the ARMC members during the FP2019 are as follows: ARMC Members Meetings attended Tan Sri Dato’ Dr Muhammad Rais Bin Abdul Karim (Chairman) 7/7 %BUVL .PIE +JNNZ 8POH #JO "CEVMMBI 7/7 Mr Wong Kok Chau 7/7 Details of the members of the ARMC are contained in the Profile of Directors as set out on pages 19 to 23 of this Annual Report. The Company Secretaries or their representative was present at all the meetings. Upon invitation, representatives of the external auditors and the Senior Management also attended specific meetings to facilitate direct communication and to provide clarifications on audit issues and the operations of the Group. Minutes of the ARMC meetings were disseminated electronically as well as in hardcopy to all the members of the Board. The Chairman of the ARMC reported to the Board on key matters deliberated during the ARMC meetings. For the financial period under review, the ARMC held two (2) meetings with the internal auditors and two (2) meetings with the external auditors without the presence of the Management to discuss any issues or significant matters, which the internal and external auditors wished to raise. AUDIT AND RISK MANAGEMENT COMMITTEE REPORT