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2012 Annual Report - Media Prima Berhad

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<strong>Media</strong> <strong>Prima</strong> <strong>Berhad</strong><br />

Statement on<br />

Corporate Governance<br />

The Board of Directors of <strong>Media</strong><br />

<strong>Prima</strong> <strong>Berhad</strong> is committed towards<br />

achieving excellence in corporate<br />

governance and acknowledges that<br />

the prime responsibility for good<br />

corporate governance lies with the<br />

Board. The Board is fully committed<br />

to ensuring that the highest standards<br />

of corporate governance are practised<br />

throughout <strong>Media</strong> <strong>Prima</strong> and its<br />

subsidiaries (the Group) as a<br />

fundamental part of discharging its<br />

responsibilities to create, protect and<br />

enhance shareholders’ value and the<br />

performance of the Group.<br />

The Malaysian Code on Corporate<br />

Governance <strong>2012</strong> (the Code) aims to set<br />

out principles and best practices on<br />

structures and processes that companies<br />

may apply in their operations towards achieving the<br />

optimal governance framework. The Board reaffirms<br />

its support to the Code and believes that good<br />

corporate governance is fundamental in achieving<br />

the Group’s objectives. In order to ensure that the<br />

best interests of shareholders and other stakeholders<br />

are effectively served, the Board continues to play<br />

an active role in improving governance practices and<br />

constantly monitors the development in corporate<br />

governance including the Code.<br />

104<br />

annual<br />

report<br />

<strong>2012</strong>

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