Financial Reporting
The Board is aware of its responsibilities to shareholders and the requirement to present a balanced and comprehensive assessment of the Group’s financial position and prospects. In this regard, the Directors are responsible for the preparation of financial statements that give a true and fair view of the state of affairs of the Group at the end of the financial year.

The Directors are responsible for keeping proper accounting records, which disclose with reasonable accuracy at any time the financial position of the Group, to enable them to ensure that the financial statements comply with the Companies Act, 1965 and approved Accounting Standards in Malaysia. The Directors are also responsible for safeguarding the assets of the Group and for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Internal Control
The Statement on Internal Control on page 71 of the Annual Report provides an overview on the state of internal control within the Group.

Risk Management
The report on Risk Management on page 69 to 70 of the Annual Report describes the structure and process of risk management in the Group.

Audit Committee
The details are shown in the accompanying report of the Audit Committee on pages 64 and 65.

Internal Audit
The Group has established an Internal Audit Division that reports to the Audit Committee.

The Audit Committee reviews and approves the audit plan, which identifies the scope of work for the year.

The Group Internal Auditor reports to the Audit Committee.

Whistle-blowing Policy
As part of best practices in good corporate governance, the Group established a “Whistleblowing” policy.

This policy is to encourage employees to report any major concerns over any wrongdoing within the Group relating to unlawful conducts, financial malpractices or dangers to the public or the environment. In this respect, the policy makes it clear that any such concern can be raised without fear of victimization, recrimination, discrimination or disadvantage to the employee reporting the concern. It provides a formal channel to encourage and enable employees to report serious concerns so that such concerns can be properly addressed.