MKH Annual Report 2020

CORPORATE GOVERNANCE 54 ANNUAL REPORT 2020 PRINCIPLE A: BOARD LEADERSHIP AND EFFECTIVENESS (CONT’D) II. BOARD COMPOSITION (CONT’D) 6. Board and Board Committee Evaluation (Cont’d) The Nomination Committee conducted the Board members performance evaluation via questionnaires which covers Board’s effectiveness as a whole together with Directors’ self-assessment. The Directors’ self-assessment was conducted to evaluate the mix of skills, experience and the individual Director’s ability to contribute and exercise independent judgement towards the effective functioning of the Board. The Nomination Committee also conducted the review of the Audit Committee members’ performance via questionnaire and self and peer evaluation form to ensure a balanced and objective review by the Directors and the Audit Committee for the abovementioned key areas. The Nomination Committee also evaluates the independence of the Independent Non-Executive Directors based on the criteria of “Independence” as prescribed in the MMLR of Bursa Securities. During the deliberation of the performance of an individual Director who is also a member of the Nomination Committee, that member will abstains from the deliberation of his or her own performance to avoid any conflict of interests. The Nomination Committee, pursuant to the annual review that was carried out, was satisfied that the size of the Board is optimum, well-balanced with the appropriate mix of skills and experience for the composition of the Board and its Committees. All assessments and valuation carried out by the Nomination Committee in discharging its duties were also properly documented. 7. Board Meetings The Board meets at least four (4) times a year and has a formal schedule of matters reserved to it. Additional meetings are held on an ad-hoc basis to deliberate on matters requiring its immediate attention. The Board is supplied with full and timely information to enable it to discharge its responsibilities. During these meetings, the Board reviews the Group’s financial performance, business operations, reports of the various Board Committees and results are deliberated and considered. Management and performance of the Group and any other strategic issues that affect or may affect the Group’s businesses are also deliberated. During the financial year, the Board met five (5) times; whereat it deliberated and considered a variety of matters affecting the Company’s operations including the Group’s financial results, business plan and direction of the Group. The attendance record of each Director is as follows: Name No. of Meetings Attended Percentage Tan Sri Dato’ Chen Kooi Chiew @ Cheng Ngi Chong 5/5 100% Tan Sri Datuk Chen Lok Loi 5/5 100% Datuk Chen Fook Wah 5/5 100% Datuk Mohammad bin Maidon 5/5 100% Haji Mohammed Chudi bin Haji Ghazali 5/5 100% Haji Hasan Aziz bin Mohd Johan 5/5 100% En. Jeffrey bin Bosra 4/5 80%