My EG Services Berhad Annual Report 2020

ANNUAL REPORT 2020 103 A. BOARD LEADERSHIP AND EFFECTIVENESS (CONT’D) I. Board Responsibilities (cont’d) 10. Company Secretary Every Director has unhindered access to the advice and services of the Company Secretaries. The Board believes that the current Company Secretaries are capable of carrying out their duties efficiently to ensure the effective functioning of the Board. In the event that the Company Secretaries fail to fulfil their functions effectively, the terms of their appointment do permit their removal and appointment of a successor by the Board. The Board is assisted by qualified and competent Company Secretaries who play a vital role in advising the Board in relation to the Group’s constitution, policies, procedures and compliance with the relevant regulatory requirements, codes, guidance and legislations. Both Company Secretaries are fellow members of the Malaysian Institute of Chartered Secretaries and Administrators ( “MAICSA” ) and have obtained Practicing Certificate from the CCM. All the Directors have unrestricted access to the advice and services of the Company Secretaries for the purpose of the conduct of the Board’s affairs and the business. The Company Secretaries constantly keep themselves abreast of the evolving capital market environment, regulatory changes and developments in corporate governance through attendance at relevant conferences and training programmes. They have also attended the relevant continuous professional development programmes as required by the CCM and MAICSA for practising company secretaries. The Board is satisfied with the performance and support rendered by the Company Secretaries in discharging its functions. In addition, the Company Secretaries are also accountable to the Board and are responsible for the following: z Advising the Board on its roles and responsibilities. z "EWJTJOH UIF #PBSE PO NBUUFST SFMBUFE UP DPSQPSBUF HPWFSOBODF BOE UIF ..-3 PG #VSTB 4FDVSJUJFT z Ensuring that Board procedures and applicable rules are observed. z Maintaining records of the Board and ensuring effective management of the Company’s statutory records. z Preparing comprehensive minutes to document Board proceedings and ensuring conclusions are accurately recorded. z Assisting communications between the Board and management. z Providing full access and services to the Board and carrying out other functions deemed appropriate by the Board from time to time. z 1SFQBSJOH BHFOEBT BOE DP DPPSEJOBUJOH UIF QSFQBSBUJPO PG #PBSE QBQFST II. Board Composition 1. Composition and Diversity 5IF %JSFDUPST BSF PG UIF PQJOJPO UIBU UIF DVSSFOU #PBSE TJ[F BOE DPNQPTJUJPO JT BEFRVBUF GPS GBDJMJUBUJOH FGGFDUJWF decision making given the scope and nature of the Group’s businesses and operations. The Board maintains an appropriate balance of expertise, skills and attributes among the Directors which is reflected in the diversity of backgrounds and competencies of the Directors. Such competencies include finance, accounting, legal, digital and other relevant industry knowledge, entrepreneurial and management experience and familiarity with regulatory requirements and risk management. 5IF #PBSE DPOTJTUT PG POF &YFDVUJWF $IBJSNBO POF (SPVQ .BOBHJOH %JSFDUPS BOE GPVS *OEFQFOEFOU /PO &YFDVUJWF %JSFDUPST XIFSFJO NBKPSJUZ PG UIF #PBSE DPNQSJTFT *OEFQFOEFOU %JSFDUPST 5IF DPNQPTJUJPO PG UIF #PBSE FOTVSFT UIBU UIF *OEFQFOEFOU /PO &YFDVUJWF %JSFDUPST XJMM CF BCMF UP FYFSDJTF JOEFQFOEFOU KVEHNFOU PO the affairs of the Group. 5IF #PBSE PG %JSFDUPST QSPàMF DBO CF GPVOE PO QBHF UP QBHF PG UIJT SFQPSU CORPORATE GOVERNANCE STATEMENT (CONT’D) GOVERNANCE