MKH Annual Report 2017

PRINCIPLE 4: FOSTER COMMITMENT (continued) Supply And Access To Information To ensure effective conduct of Board meetings, a structured formal agenda and appropriate documents relating to the agenda include minutes of the previous Board meeting, quarterly report and results of the Company and the Group, progress reports on operations in relation to the risk management, corporate proposals (if any) and any other business are circulated to all Board members in advance of Board meetings. The Board members are thus given sufficient time to peruse the matters that will be tabled at the Board meetings and this enhances the overall decision making process. The Board have access to all information within the Company and to the advice and services of a competent Company Secretary who is qualified under the Companies Act, 2016. The Board may seek independent professional advice, at the Company’s expense, if required in furtherance of their duties. The Board has full access to both internal and external auditors and received reports on audit findings via the Audit Committee. Company Secretary All Directors have access to the advice and services of an experienced Company Secretary especially relating to procedural and regulatory requirements. The Board appointed qualified Company Secretary to support the Board in carrying out its roles and responsibilities and ensuring that Board meeting procedures are followed. The Company Secretary attends the Board Meetings and Board Committees’ meetings to ensure that all deliberation of issues discussed and decisions/conclusions made are recorded accurately, including whether any Director abstained from voting or deliberating on particular matters. The Company Secretary also facilitates timely communication of decisions made by the Board at Board Meetings to the Senior Management team for action. The Company Secretary also work closely with the Senior Management team to ensure that there are timely and appropriate information flow within and to the Board and Board Committees, and between the Non-Executive Directors and management. The Board is also regularly updated and kept informed by the Company Secretary and the management on corporate disclosures and compliance with company and securities regulations and listing requirements such as restriction in dealing with the securities of the Company and updates on the latest developments in legislations and regulatory framework affecting the Group issued by the various regulatory authorities. The Board recognises that the Chairman is entitled to the strong and positive support of the Company Secretary in ensuring the effective functioning of the Board and that applicable rules and regulations are complied with. Directors’ Training The Nomination Committee has taken on the responsibility in evaluating and determining the specific and continuous training needs of the Directors on a regular basis. The Directors have attended courses/conferences and/or in house training from time to time to enhance their skills and knowledge and to keep abreast with the relevant changes in laws, Listing Requirements, regulations and business environment in order to discharge their duties more effectively. All the Directors had completed the Mandatory Accreditation Programme as specified by Bursa Malaysia. 54 MKH Berhad • Annual Report 2017 Statement on Corporate Governance