The criteria on which assessment is made is developed, maintained and reviewed by the NC taking into consideration the Corporate Governance Guide issued by Bursa Securities. The assessment criteria include the mix of skills, experience, competency, time commitment, character, integrity, independence, ability to constructively challenge and contribute to the development of strategy, diversity and other qualities required to meet the needs of the Group and to comply with the provisions of the MMLR. The NC, upon discussion of the results, will present the findings to the Board. Based on the evaluation conducted in FY2024, the NC found that the Board as a whole, the Board Committees and the individual Directors are effective and possess the criteria required to discharge their duties professionally and effectively, and uphold good governance standards in their conduct. The NC presented their findings to the Board, and the Board concurred with the findings of the NC. Directors’ Training All Directors of the Company have attended the Mandatory Accreditation Programme as required by Bursa Securities. The Directors continue to update their knowledge and enhance their skills through appropriate continuing education programmes and life-long learning. This will enable Directors to effectively discharge duties and sustain active participation in the Board deliberations. The Board is notified of training programmes or workshops conducted by Bursa Securities for its consideration of participation and the Board receives updates of the MMLR from the Company Secretary from time to time. The external auditors also briefed the Directors on any changes to the Malaysian Financial Reporting Standards that would affect the Group’s financial statements during the financial year under review. All the current Directors, after assessing their own training needs, had attended the following training/seminar/conference:- Director Training/Seminar/Conference Date Sim Tian Liang • Mandatory Accreditation Programme Part II: Leading for Impact (LIP) 4-5 September 2024 Chin Lian Hing • Mandatory Accreditation Programme Part II: Leading for Impact (LIP) 4-5 September 2024 Yam Tai Fong • IR4.0 & E-Invoicing 2024: The Complete Industry 4.0 System Integration, Practical Tax and Digital Solutions For Manufacturers and Businesses With Revenue of More Than RM100 Million 19-20 June 2024 Pang Khang Hau • Mandatory Accreditation Programme Part II : Leading for Impact (LIP) 4-5 September 2024 Pang Tin @ Pang Yon Tin • Mandatory Accreditation Programme Part II : Leading for Impact (LIP) 4-5 September 2024 Datuk Woon See Chin • Mandatory Accreditation Programme Part II : Leading for Impact (LIP) 9-10 September 2024 Dato’ Ir. Fong Tian Yong • Mandatory Accreditation Programme Part II : Leading for Impact (LIP) 9-10 September 2024 Anita Chew Cheng Im • CMDP Module 1: Directors as Gatekeepers or Market Participants • CMDP Module 2A: Business Challenges and Regulatory Expectations - What Directors Need to Know (Equities & Future Broking) • CMDP Module 3: Risk Oversight and Compliance - Action Plan for Board of Directors • CMDP Module 4: Emerging and Current Regulatory Issues in the Capital Market • Mandatory Accreditation Programme Part II : Leading for Impact (LIP) • Anti-Money Laundering Compliance • Cybersecurity Awareness Training • AOB Conversation with Audit Committee Members 13 May 2024 14 May 2024 16 May 2024 17 May 2024 2-3 October 2024 24 September 2024 8 November 2024 19 November 2024 CORPORATE GOVERNANCE OVERVIEW STATEMENT 058
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