DAYANG ENTERPRISE HOLDINGS BHD
(712243-U)
|
Annual Report
2015
34
The members of the Corporate Social Responsibility Committee are as follows:
Name
Position
Tengku Dato’ Yusof Bin Tengku Ahmad Shahruddin
Chairman
Chia Chu Fatt
Member
Gordon Kab @ Gudan Bin Kab
Member
Please refer to page 23 to 28 for details in relation to Corporate Social Responsibility.
Risk Management Committee
The objectives of the Risk Management Committee are:
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To establish the risk policies and risk frameworks;
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To identify, evaluate and monitor the risks portfolio,
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To formulate mitigation strategies/action plans to manage the overall risk associated with our activities;
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To recommend appropriate risk management policies and procedures which shall be reviewed regularly
to ensure that they are both appropriate and adequate for the long term viability of the Group and
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To ensure a proper balance between risk incurred and potential returns to our shareholders.
The Risk Management Committee shall have authority and access to all information, records and reports relevant
to the Group’s activities in order to perform its duties. The Committee shall invite any Director and/or employees
of the Group as it may deem appropriate, to attend a Committee meeting and assist in the discussion and
consideration of matters relating to the Committee.
During the financial year under review, the Risk Management Committee met twice together with the respective
Head of departments/ Units and the Internal Auditor to identify and discuss the existing and potential critical risk
areas faced by the Group and the management action plans to mitigate such risks by working with the internal
auditors in providing periodic reports and updates to the Audit Committee.
The members of the Risk Management Committee are as follows:
Name
Position
Gordon Kab @ Gudan Bin Kab
Chairman
Datuk Ling Suk Kiong
Member
Tengku Dato’ Yusof Bin Tengku Ahmad Shahruddin
Member
Joe Ling Siew Loung @ Lin Shou Long
Member
Polit Bin Hamzah
Member
Gender Diversity
The Board acknowledges the recommendation of MCGG 2012 on the establishment of boardroom gender
diversity policy. The Company currently has two (2) female members on Board. However, the Board has no
immediate plans to implement a gender diversity policy or target, as it is of the view that the suitability of
candidates is dependent on each candidate’s competency, skills, experience, character, time commitment,
integrity and other qualities regardless of gender.
Statement on
Corporate Governance
(cont’d)
