MKH Berhad 49 PRINCIPLE A: BOARD LEADERSHIP AND EFFECTIVENESS (CONT’D) I. BOARD RESPONSIBILITIES (CONT’D) 7. Code of Ethics and Conduct T he Board is committed to create a corporate culture that adhere to the best practices of corporate governance and to uphold high standard of corporate conduct. The Code of Ethics and Conduct (“the Ethics Conduct”) which set out the ethical standards and appropriate conduct at work adopted by the Group and is applicable to all employees and Directors of the Group. T he Ethics Conduct covers the areas of conflict of interest, confidential information, insider information and securities trading, protection of Group’s assets and etc. The details of the Ethics Conduct are available for reference at the Company’s website at www.mkhberhad.com. 8. Whistleblowing Policy T he Board has put in place Whistleblowing Policy, a mechanism for its employees and stakeholders to report any concerns relating to possible improper conduct within the Company in matters relating to financial, compliance, misconduct, wrongdoing and other malpractices in an appropriate manner. The Group encourages its employees to raise genuine concerns within the Group in an appropriate way without the fear of retaliation and the identity of the whistleblower will be protected and kept confidential. The Whistleblowing Policy is posted on the Company’s website at www.mkhberhad.com. 9. Anti Bribery and Corruption Policy The Board has approved the adoption of Anti Bribery and Corruption Policy (“Policy”) which is implemented across the Group at all levels. This Policy which sets out its expectations for internal and external parties working for and on behalf of the Group in preventing bribery or corrupt practices in relation to the Group’s businesses. T his Policy which was approved by the Board will be reviewed at least once every year taking into consideration changes in the law and regulatory requirements. The Anti Bribery and Corruption Policy is posted on the Company’s website at www.mkhberhad.com. II. BOARD COMPOSITION The Board presently has six (6) members comprising three (3) Executive Directors including the Chairman and Managing Director, and three (3) other Independent Non-Executive Directors. This is in line with Chapter 15.02 of the MMLR of Bursa Securities, which requires that at least two (2) Directors or one-third (1/3) of the Board of the Company, whichever is the higher, are independent directors. Corporate Governance Overview Statement
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