AUDIT COMMITTEE (CONT'D) Directors' Responsibility Statement (Cont'd) The Directors have responsibility for ensuring that the Company keeps proper accounting records, which disclose with reasonable accuracy at any time the financial position of the Group and the Company and to enable them to ensure that the financial statements comply with the Companies Act 2016. The Directors have taken such steps as are necessary to safeguard the assets of the Group and the Company to prevent fraud and other irregularities. RISK MANAGEMENT AND INTERNAL CONTROL The Risk Management Committee presently comprises four (4) members comprising one (1) Group Managing Director and three (3) other members from the Key Senior Management assists to the Audit Committee and the Board in discharging its risk management and control responsibilities. The members of the Risk Management Committee are as follows: In fulfilling the primary objectives, the Risk Management Committee has been tasked to identify and communicate the existing and potential critical risk areas faced by the Group and the management action plans to mitigate such risks by working with the internal auditors in providing periodic reports and updates to the Audit Committee on a quarterly basis. The terms of reference of the Risk Management Committee are available on the Company’s website at www.mkhberhad.com Tan Sri Datuk Chen Lok Loi Dato’ Chong Yong Han Kok Siew Yin Tan Wan San Chairman Member Member Member Group Managing Director Property Director Chief Financial Officer Treasury Director / Group Company Secretary The Group’s Statement on Risk Management and Internal Control provides an overview of the risk management framework and state of internal control within the Group is set out on pages 141 to 146 of this Annual Report. Business Occupation Designation 5 Governance That Inspires Confidence 1 3 6 2 4 7 PG | 133 ANNUAL REPORT 2025 MKH BERHAD
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