Serba Dinamik Annual Report 2021

Section 7 | Corporate Governance 236 PRINCIPLE C: INTEGRITY IN CORPORATE REPORTING AND MEANINGFUL RELATIONSHIP WITH STAKEHOLDERS Communication with Stakeholders Conduct of General Meeting 1. Communication with Stakeholders The Group attaches great importance to effective communication with shareholders in order to strengthen the mutual relationship with its shareholders and investors. In this regard, the Group continuously discloses and disseminates quality relevant and comprehensive information in a transparent and timely manner to its shareholders and the general investing public. A range of communication channels are used to build a more constructive relationship between the Group and its stakeholders, through announcement to Bursa Malaysia, disclosure on the Group’s website and engagement through the relation functions. In addition, the Senior Management of the Group conduct regular dialogues with the institutional shareholders andanalysts, andholdquarterly analysts’ briefings to further explain theGroup’s quarterly financial results, in order to promote better understanding of the Group’s financial performance and operations. 2. Conduct of General Meetings The Group had conducted a fully virtual 4th AGMwhich was held entirely through live streaming from the broadcast venue at 4th Floor, Menara Serba Dinamik, Presint 3.4, Persiaran Perbandaran, Seksyen 14, 40000 Shah Alam, Selangor Darul Ehsan on Thursday, 2 July 2020 at 10.00am, by leveraging technology in accordance with Section 327(1) and (2) of the CA 2016, Article 15.4 of the Constitution of the Company and the SC’s Guidance and FAQs on the Conduct of General Meetings for Listed Issuers dated 18 April 2020. All nine (9)members of theBoardwere present, where seven (7) Directors amongst the two (2) essential individuals were physically present at the Broadcast Venue. The other two (2) Directors attended the AGM via video conferencing together with the Joint Company Secretary and the members of senior management. CORPORATE GOVERNANCE OVERVIEW STATEMENT In executing this responsibility, the Board via the Audit Committee and the internal audit & risk management function, has adopted procedures to monitor the ongoing adequacy and integrity of the system of risk management and internal control. The Board is of the view that the system of risk management & internal control in place during financial year 2021, is sound and sufficient to safeguard the Group’s assets, as well as shareholders’ investments, and the interest of customers, regulators, employees and other stakeholders. The details of the Risk Management and Internal Control Framework are set out in the Statement on Internal Control and Risk Management on pages 238 to 243 of this report.