In addition, the Company’s website at provides information on the Group’s business, corporate development and announcements to Bursa Securities. Other information relevant to shareholders and investors such as Annual Reports, circulars to shareholders and quarterly reports are available for download at the Company’s website. Promoting Sustainability The Company manages its business responsibly by managing the economic, social and environmental aspects of its operations. The Company produces the annual report, which highlights the financial aspects of the business and provides a clear, comprehensive and transparent representation of the Company’s performance annually. II. Conduct of General Meetings Annual Report and General Meetings The Company recognizes the importance of maintaining transparency and accountability to its shareholders. The Board ensures that all the Company’s shareholders are treated equitably and the rights of all investors, including minority shareholders, are protected. The Board provides its shareholders and investors with information on its business, financials and other key activities in this Annual Report and the contents of which are continuously enhanced to take into account the developments, amongst others, in corporate governance. In terms of conduct of meeting, the Board is cognisant of the advantages of poll voting at general meetings to ensure accurate, transparency and efficiency of the voting process and outcomes at general meetings. All the resolutions tabled at the Annual General Meeting are voted by poll. COMPLIANCE STATEMENT The Board is pleased to report that this Statement together with the Corporate Governance Report (“CG Report”) which is available on the Company’s website at provides the corporate governance practices of the Company with reference to the MCCG 2017. The Board considers and is satisfied that the Company has fulfilled its obligations under the broad Principles as set out in the MCCG 2017. However, the Board has reserved several of the Practices and has rationalized and provided justifications for the deviations in the CG Report. Nevertheless, the Company will continue to strengthen its governance practices to safeguard the best interests of its shareholders and other stakeholders. This Statement was presented and approved at the meeting of the Board on 20 March 2019. CORPORATE GOVERNANCE OVERVIEW STATEMENT (CONT’D)
GUAN CHONG BERHAD / ANNUAL REPORT 2018 33 MEMBERSHIP Chairman: Tan Ah Lai (Independent Non-Executive Director) Members: YBhg Dato Dr. Mohamad Musa bin Md Jamil (Non-Independent Non-Executive Director) YBhg Datuk Tay Puay Chuan (Independent Non-Executive Director) TERMS OF REFERENCE The terms of reference of the Audit Committee is available for download on the Company’s website at www.
- Spring '15
- Guan Chong Berhad