MKH Annual Report 2017

Statement on Corporate Governance The Board of Directors (“the Board”) of MKH Berhad is pleased to report to the shareholders on the manner MKH Berhad (“MKH” or “the Company”) and its subsidiaries (“the Group”) has applied the Principles, and the extent of compliance with the Recommendations of good governance as set out in the Malaysian Code On Corporate Governance 2012 (“MCCG 2012” or “the Code”) issued by the Securities Commission, aimed to enhance the effectiveness of corporate governance framework to safeguard the interest of shareholders and other stakeholders as prescribed under Paragraph 15.25 of the Bursa Malaysia Securities Berhad (“Bursa Malaysia”) Main Market Listing Requirements (“Listing Requirements”). The Board recognise the importance of promoting good corporate governance to ensure long term sustainability, growth and delivering value. The Company and the Group have complied with the relevant Principles and Recommendations set out in the MCCG 2012 during the financial year under review. The Board having duly considered the rationale for the said exception as explained in this Annual Report is committed to comply with the Principles and Recommendations of the MCCG 2012. PRINCIPLE 1: ESTABLISH CLEAR ROLES AND RESPONSIBILITIES The responsibilities of the Board, which should be set out in a Board Charter, include management oversight, setting strategic direction premised on sustainability and promoting ethical conduct in business dealings. The Board Of Directors MKH is led by an experienced Board comprising member who are specialised in the property development and construction sector, banking sector, plantation/agriculture sector, civil service, professional in accounting sector and human resource sector. This wide spectrum of competencies, capabilities, skills and relevant business experience provide the Board with a diverse set of expertise and knowledge in discharging its responsibilities for the proper functioning of the Board and ensure that the Group continues to be competitive within its diverse industry segment. Directors Industry/Background Experience Age Composition Tan Sri Dato’ Chen Kooi Chiew @ Cheng Ngi Chong √ √ √ Tan Sri Datuk Chen Lok Loi √ √ Datuk Chen Fook Wah √ √ Datuk Mohammad Bin Maidon √ √ En. Mohammed Chudi Bin Haji Ghazali √ √ Haji Mohamed Bin Ismail √ √ √ En. Jeffrey Bin Bosra √ √ Haji Hasan Aziz Bin Mohd Johan √ √ 41 MKH Berhad • Annual Report 2017 70 to 79 years 60 to 69 years 50 to 59 years 40 to 49 years human resource professional in accounting civil service plantation/ agriculture banking property development and construction