Composition and Meetings (Cont’d) Details of the Audit Committee members’ attendance are appended below: Name of Directors Directorship No. of Meetings Attended Ms. Hoon Shat Mei (Chairperson) Independent Non-Executive Director 5/5 Dato’ Lim Hong Shuan (Member) Senior Independent Non-Executive Director 5/5 Ms. Lee Pei Yee (Member) Independent Non-Executive Director 5/5 En. Jeffrey bin Bosra (Member) Non-Independent Non-Executive Director 5/5 For the financial year under review, the performance and effectiveness of the Audit Committee has been evaluated through Audit Committee members’ self and peer evaluation conducted by the Audit Committee and endorsed by the Nomination Committee. Having reviewed the Audit Committee’s performance, the Board is satisfied that the Audit Committee members have been able to discharge their functions, duties and responsibilities in accordance with the terms of reference of the Audit Committee. The details of the terms of reference of the Audit Committee are available for reference at www.mkhberhad.com Summary of Work of the Audit Committee During the financial year ended 30 September 2024 (FY2024), the Audit Committee had worked closely with the external auditors, in-house internal audit team and management to carry out its functions and duties in line with the terms of reference. The summary of the work of the Audit Committee in discharging its duties during the financial year under review includes the following: (a) Financial Reporting • Reviewed all the four (4) quarter’s unaudited financial results and audited financial statements of the Company and the Group for FY2024 together with the external auditors prior to recommending the same for approval by the Board. • Reviewed the impacts of any changes in accounting policies and adoption of new accounting standards together with significant matters highlighted in the financial statements. • Confirmed with management and external auditors that the Company’s and Group’s annual audited financial statements have been prepared in compliance with applicable approved accounting and financial reporting standards. Audit Committee Report MKH BERHAD ANNUAL REPORT 2024 Laying The Foundation of Excellence Where People Matter Guided by Leadership, Inspired by People Delivering Value That Matters to People PG. 138
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