Connecting the nation. and Beyond. - ChartNexus

110 / MRCB laporan tahunan 2011 /
statement on corporate governance
csr awards and recognition
The company’s CSR initiatives continue to receive recognition
in 2011 in both the international and national arena. In the
international CSR scene, MRCB was accorded with two
Distinguished Honorees by the US-based International
Business Stevie Awards for two programmes.
The MRCB PINTAR programme was accorded recognition as
the Corporate Social Responsibility Programme of the Year
in Asia (Subcontinent, Australia and New Zealand) while its
Green Building Initiative also received recognition as one of
the Environmental Responsibility Programmes of the Year in
Asia (Subcontinent, Australia and New Zealand).
Nationally, MRCB was awarded the Conglomerate Award by
the Brandlaureate Award while it continues to be recognised
by as a finalist by the ACCA Malaysia Sustainability Reporting
Awards 2011 (ACCA MaSRA).
MRCB continues to be represented as a committee member of
the Malaysian chapter of the United Nations Global Compact
(UNGC) in keeping with our aim of adopting international
standards for our CSR programmes and vision. The goal
is to incorporate all the 10 UNGC principles on human
rights, labour rights, environmental sustainability and anticorruption
into the Company’s operations and strategies and
to report on their implementations.
Details of the Company’s CSR programmes are available in
a separate report on CSR, which is an integral part of this
report.
9. responsIBILItY statement In respect oF tHe
FInancIaL Year UnDer revIeW
(Pursuant to paragraph 15.26 (a) of the Main Market Listing
Requirements of Bursa Malaysia Securities Berhad.)
The Board is fully accountable to ensure that the Audited
Financial Statements are prepared in accordance with the
Companies Act, 1965 and the applicable approved accounting
standards set out by the Malaysian Accounting Standards
Board so as to present a true and fair view of the state of
affairs of the Group and of the profit and loss and cash flow
as at the end of the accounting period.
In preparing the Audited Financial Statements, the Directors
are satisfied that the applicable approved Accounting
Standards in Malaysia have been complied with and
reasonable and prudent judgements and estimates have been
made. The Audited Financial Statements are also prepared
on a going concern basis as the Board has reasonable
expectation, after having made enquiries, that the Group has
adequate resources to continue in operational existence for
the foreseeable future.
10. statement on compLIance WItH tHe reQUIrements
oF BUrsa maLaYsIa In reLatIon to appLIcatIon
oF prIncIpLes anD aDoptIon oF Best practIces
LaID DoWn In tHe maLaYsIan coDe oF corporate
governance
(Pursuant to paragraph 15.25 of the Main Market Listing
Requirements of Bursa Malaysia Securities Berhad.)
The above statements are clear reflections of the conscious
efforts of the MRCB Board and Management to strengthen
its governance process and maintain its position as one of
the leaders in the application of corporate governance.
The Board is pleased to report to the shareholders that the
Company has complied with the Malaysian Code on Corporate
Governance and the Main Market Listing Requirements of
Bursa Malaysia Securities Berhad. The Board believes this
to be an ongoing process and will continue to strive for
adoption of leading practices in corporate governance.
this statement on corporate governance is approved by the
Board of Directors via its resolution on 14 February 2012.
tan sri azlan Zainol
Chairman
malaysian resources corporation Berhad