Compliance

Compliance

The Board of Directors (the "Board") places strong dedication and commitment to the highest standards towards an effective Compliance function in-line with the Malaysian Code on Corporate Governance 2012. The Board also supports the Compliance role in reviewing the adequacy and integrity of the company's internal control systems and management of information system for compliance with standard operating policies (SOP), relevant laws and regulations, rules and guidelines, and industry directives.

Quote by William Donaldson, Securities Exchange Commission (SEC) Chairman, remarked at the National Press Club, USA on 30 July 2003:

"Simply complying with the rules is not enough. Companies should view the new laws
(Compliance) as opportunities – opportunities to improve internal controls, improve the
performance of the board, and improve their public reporting – they will ultimately be
better run, more transparent, and therefore more attractive to investors".