38 Annual Report 2025 PRINCIPLE A - BOARD LEADERSHIP AND EFFECTIVENESS (CONT’D) Ill Remuneration (cont’d) 8.0 The details of the Directors’ remuneration comprising remuneration received/receivable from the Company and subsidiary Companies respectively in financial year ended 30 June 2025 are as follows:- (cont’d) 8.1 Aggregate remuneration of Directors categorised into appropriate components are as follows:- (cont’d) Group Fees Salaries & Bonus (RM) Total (RM) In Cash (RM) In Kind (RM) Executive Directors 120,000 280,000 1,535,256 1,935,256 Non-Executive Directors 132,000 60,000 - 192,000 Total 252,000 340,000 1,535,256 2,127,256 8.2 Directors’ remuneration are categorised by name and by range, details as below:- No. Name Directorate Company and Group Range of Remuneration (RM) 100,000 and below 100,001 to 150,000 150,001 to 500,000 Above 500,000 1. Dato’ Seri Farhash Wafa Salvador Executive Chairman ✓ 2. Wong Kok Chau Managing Director ✓ 3. Eng Shao Hon Executive Director ✓ 4. Datuk Mat Noor bin Nawi Independent NonExecutive Director ✓ 5. Dato’ Sri Ismail bin Ahmad Independent NonExecutive Director ✓ 6. Elisa Tan Mun-E Independent NonExecutive Director ✓ PRINCIPLE B - EFFECTIVE AUDIT AND RISK MANAGEMENT I Audit Committee 9.0 There is an effective and independent audit committee. The Board is able to objectively review the audit committee’s findings and recommendations. The Company’s and the Group’s financial statements is a reliable source of information. 9.1 The Audit Committee’s (“AC”) principal duties include the supervision of the truthfulness and reliability of the Company’s financial statements, the effectiveness and adequacy of the Company’s internal control as well as risk management system. The AC comprises exclusively Independent Non-Executive Directors and to ensure the Board is able to review the AC’s finding and recommendation independently, the chairman of AC is not the chairman of the Board. The appointment of the auditors is subject to approval at the general meeting. In making its recommendations to the shareholders on the appointment and re-appointment of auditors, the Board relies on the review and recommendation of the AC. The Board has established a formal and transparent arrangement with its external and internal auditors to meet their professional requirements. The AC meets with the external and internal auditors to review the rationale of significant judgement, accounting principles and the operating effectiveness of internal controls and business risk management. The auditors have continued to highlight to the AC and the Board matters that require the Board’s attention. CORPORATE GOVERNANCE OVERVIEW STATEMENT
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