AUDIT AND RISK MANAGEMENT COMMITTEE REPORT (CONT’D) INTERNAL AUDIT FUNCTION (CONT’D) Upon completing the internal audit reviews, the Internal Auditors presented the internal audit reports to the ARMC for review and deliberation at the scheduled meetings. These reports included audit findings, root-cause analysis and recommendations for improvement, Management’s responses together with the proposed corrective actions and implementation timelines. Based on the internal audit review conducted during FYE 2025, no significant weaknesses were identified which would result in material losses, contingencies or uncertainties requiring separate disclosure in this Annual Report. Further insights into our internal audit function are detailed in the Statement on Risk Management and Internal Control in this Annual Report. The total cost incurred for the Group’s internal audit function for FYE 2025 amounted to RM100,000. 132 KEYFIELD INTERNATIONAL BERHAD 202001038989 (1395310-M)
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