Integrated Annual Report 2024 SECTION 4 • EFFECTIVE STEWARDSHIP THROUGH GOOD GOVERNANCE 75 The Board is responsible for ensuring that the financial statements of the Group are drawn up in accordance with the applicable Financial Reporting Standards in Malaysia and the requirements of the Companies Act 2016. The Board is also responsible for ensuring that the annual audited financial statements of the Group are prepared with reasonable accuracy from the accounting records of the Group to give a true and fair view of the financial position of the Group as of 31 December 2024 and of their financial performance and cash flows for the year then ended, and that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the Directors are satisfied that the Group has selected and consistently applied suitable accounting policies and made reasonable and prudent judgements and estimates. The Board is of the opinion that the financial statements have been prepared in accordance with all relevant approved financial reporting standards and have been prepared on a going concern basis. DIRECTORS’ RESPONSIBILITY STATEMENT IN RESPECT OF THE PREPARATION OF THE AUDITED FINANCIAL STATEMENTS PRINCIPLE C: INTEGRITY IN CORPORATE REPORTING AND MEANINGFUL RELATIONSHIP WITH STAKEHOLDERS (CONT’D) II. Conduct of General Meetings (cont’d) The Board encourages shareholders’ active participation at the Company’s AGM and endeavours to ensure all Board members, the Key Operating Management and the Company’s External Auditors are in attendance to respond to shareholders’ queries. Where it is not possible to provide immediate answers to shareholders’ queries, the Board will undertake to provide the answers after the AGM. All questions raised by the Minority Shareholder Watch Group (“MSWG”) and shareholders were addressed during the 8th AGM. Subsequent to the 8th AGM, these Questions and Answers were published on the Company’s corporate website. In compliance with the MMLR of Bursa Securities, all resolutions set out in the Notice of the 8th AGM were voted by poll via an electronic polling system. The Company also appointed an independent scrutineer to validate the votes cast before the poll results is announced by the Chairman of the AGM. The outcome of all resolutions proposed at the 8th AGM was announced to Bursa Securities on the even date. The minutes of the 8th AGM detailing the meeting proceedings, including issues and concerns raised by MSWG and shareholders as well as the responses from the Company, was published on the Company’s corporate website within 30 business days after the conclusion of the 8th AGM. Corporate Governance Overview Statement
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