Notes To The Financial Statements - Announcements - Bursa Malaysia

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Corporate Governance Statement (cont’d)
b) To review the succession planning of the Board and to recommend to the Board for approval on the appointment and re-appointment of
Directors after assessment. The Nomination Committee will consider, review and assess the individual’s skills, knowledge, experience,
qualification, core competencies, time commitment, directorships and attributes of the candidate before recommending him/her to the
Board for consideration and approval;
c) To carry out annual assessment of the performance and effectiveness of the Board as a whole and the Board Committees and to evaluate
the performance of individual Directors, Chief Executive Officer and Chief Financial Officer in terms of their contribution, competencies and
commitment to the Company;
d) To annually assess the independence of the Independent Directors based on the independence criteria and materiality thresholds set up in
the Policy on Independence of Directors. This is to ensure that the Independent Directors can continue to bring independent and objective
judgement to Board deliberations; and
e) To review the training and development programmes for Directors.
Upon the recent annual review and assessment, the Nomination Committee having considered the aspects of succession planning and
boardroom diversity is satisfied that the size of the Board and Board Committees is optimum and there is an appropriate mix of skills, knowledge
and competencies in the Board’s composition which is corresponding to the Board’s oversight duties and responsibilities. The Nomination
Committee is satisfied that all Directors are suitable and qualified to hold their positions in view of their competency, qualifications and
experiences. The Nomination Committee also assessed the Chief Executive Officer and Chief Financial Officer and found that they possess the
required competencies and experiences to continue to discharge their roles efficiently.
From the assessment of the independence of the Independent Non-Executive Directors, the Nomination Committee is satisfied that all Independent
Non-Executive Directors of the Company have fulfilled the established criteria set for Independent Director. The Nomination Committee has also
assessed the training needs of the Directors and has made arrangements for trainings to be conducted in-house.
All the assessments and evaluations carried out by the Nomination Committee are properly documented and minuted.