Amtel Holdings Berhad - Company Announcements - Bursa Malaysia

10
Amtel Holdings Berhad 2003 annual report
The Independent Non-Executive Directors are professionals of caliber and
credibility who play pivotal role in corporate accountability by contributing
their knowledge, advice and experience towards making independent judgement
on issues of strategies, performance, resources and standards of conduct.
(b) Board Meetings and Supply of Information
The Board meets at least once every quarter. Additional Special Meetings of the
Board are held as and when required. During the financial year, five (5)
meetings were held and the attendance of the Directors at Board Meetings are
as follows:-
Directors Attendance of
meeting
Dato’ Abdul Hamid bin Hj. Md. Zainuddin 5
Mr. Koid Hun Kian 5
YM. Tunku Dato’ Seri Kamel bin Tunku Rijaludin 5
Mr. Ng Ah Chong 4
Mr. Siow Hock Lee 5
Mr. Goh Hock Hai 4
Ms. Ng Lee Fang
(Alternate Director to Mr. Ng Ah Chong)
3
In order to discharge their duties effectively and efficiently, the Directors are
provided with full and timely written reports and supporting information
concerning the Company and the Group prior to Board meetings and are free to
seek any further explanation and information they consider necessary to
facilitate informed decision-making.
Board reports and papers include information on major investment and financial
decisions, material acquisitions and disposals of undertakings and properties,
operational and corporate developments, the activities and performance of the
Group and changes to the management and control structure within the Group.
Where necessary the Directors may obtain independent professional advice in
the furtherance of their duties, at the Company’s expense.
All Directors have access to the advice and services of the Company Secretaries
and the senior Management staff in the Group in carrying out their duties.
(c) Appointment to the Board
The Code endorses as good practice, a formal procedure for appointments to the
Board. The Nomination Committee, set up on 17 July, 2002 is primarily
empowered by its terms of reference to perform the followings:-
• To recommend to the Board, candidates for all directorships;
• To consider, in making its recommendation, candidate for directorships
proposed by the Managing Director, within the bounds of practicability, by
any other senior executive or any Director or shareholder; and
• To assist the Board in reviewing and assessment of effectiveness of the Board
as a whole and the committees of the Board.