DAYANG ENTERPRISE HOLDINGS BHD
(712243-U)
|
Annual Report
2015
40
Statement on
Corporate Governance
(cont’d)
During the financial year under review, the internal audit function also performed a follow-up to assess the status
of management–agreed action plans on recommendations raised in preceding cycles of internal audit. The
outcome thereof was summarized in a follow-up report to the Audit Committee highlighting those issues that
had yet to be fully addressed by management including specific timeliness for those outstanding matters to be
resolved.
Details of theCompany’s internal control systemand framework are set out in the Statement on RiskManagement
and Internal Control and Audit Committee Report of this Annual Report.
PRINCIPLE 7: ENSURE TIMELY AND HIGH QUALITY DISCLOSURE
The Board recognizes the importance of effective and timely communication with shareholders and investors
to ensure that they are informed of all material business matters affecting the Group. This is done through timely
dissemination of information on the Group’s performance and major developments which are communicated
via the following channels:-
(i)
the Annual Report and relevant circulars dispatched to shareholders and published on the Company’s
website and Bursa Securities.
(ii) the convening of AGM and/or Extraordinary General Meeting.
(iii) the release of quarterly financial announcements.
(iv) press release and analysts briefings.
The Group also maintains a corporate website at
whereby shareholders as well as members of
the public may access for the latest information on the Group. Alternatively, they may obtain the Company’s
latest announcements via the website of Bursa Malaysia Securities Berhad at
Investor Relations
The Group’s investor relationship is helmed by the Group Managing Director and the Head of Corporate Affairs
who will attend to the needs of the investment community, shareholders, fund managers and analysts.
As there may be instances where investors and shareholders may prefer to express their concerns to an
Independent Director, Mr Chia Chu Fatt continues to play his role as the Independent Director of the Board to
whom concerns may be conveyed. Mr Chia is also the Chairman of the Audit Committee of the Board and a
member of the Remuneration and Nomination Committee.
His email contact is
.
PRINCIPLE 8: STRENGTHEN RELATIONSHIP BETWEEN COMPANY AND SHAREHOLDERS
Annual General Meetings
The Company recognizes the importance of communicating with its shareholders and investors. Announcements
and release of financial results on a quarterly basis provide the shareholders and the investing public with an
overview of the Group’s performance and operations.
