Statement on Corporate Governance
(continued)
1.0 CLEAR ROLES AND RESPONSIBILITIES (continued)
1.5 Supply and Access to Information
The Board has unrestricted access to timely and accurate information, necessary in the furtherance of their duties, which
is not only quantitative but also such information deemed necessary for instance, customers’ satisfaction, products and
services qualities, market share, market reaction and environmental performance.
To ensure effective functioning of the Board, the Directors are given access to information through the following means:-
• Management may be invited to the Board and Board Committees’ meetings to report or present areas within their
responsibilities to ensure the Board is able to effectively discharge its responsibilities.
• Information provided to the Board and Board Committees are compiled into reports via the Board and Board Committee
papers circulated to Directors prior to the respective Board meetings, to enable the Board to make informed decisions
and to deal with matters arising from such meetings.
• Directors have ready and unrestricted access to the advice and services of the Company Secretaries, who are experienced
and capable of carrying out the duties to which the post entails.
• Directors may obtain independent professional advice at the Company’s expense, where necessary after consultation
with the Chairman and other Board members, in furtherance of their duties.
• The Directors may also access to the advice and updates of the external auditors on any new Malaysian Financial
Reporting Standards that would affect the Group’s financial statements during the year.
1.6 Qualified and Competent Company Secretaries
The Board is satisfied with the performance and support rendered by the Company Secretaries to the Board in the discharge
of its functions. The Company Secretaries play an advisory role to the Board in relation to the Company’s constitution,
Board’s policies and procedures and compliance with the relevant regulatory requirements, the Code and legislations.
The Company Secretaries are suitably qualified, competent and capable of carrying out the duties required and have
attended training seminars conducted by The Malaysian Institute of Chartered Secretaries and Administrators (MAICSA) and
other bodies to be updated on the changes to regulations and requirements.
The Company Secretaries circulated the relevant guidelines on statutory and regulatory requirements from time to time for
the Directors’ reference and briefed the Board members on these updates at Board meetings. The Company Secretaries also
notified the Directors and Principal Officers on the closed period for trading in the Company’s shares, in accordance with
Chapter 14 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa Securities”).
The Company Secretaries also ensure that deliberations at the Board and Board Committee meetings are well captured,
minuted and documented.
17
Annual Report
2014
Ni Hsin Resources Berhad
(653353-W)
