MITRA-AnnualReport2011 (1.2MB).pdf - Announcements - Bursa ...

Corporate Governance Statement
INTRoDUCTIoN
The Board of Directors (“the Board”) of Mitrajaya Holdings Berhad (“MHB”) is committed to ensure the fulfillment of the highest
standards of Corporate Governance as set out in the Malaysian Code on Corporate Governance, which highlights the principles
and best practices on structures and processes that the Company may use in their operations towards achieving the optimal
governance framework.
The Board welcomes the constructive recommendations of the Code and will always evaluate the MHB Group’s corporate
governance practice and procedures as a fundamental part of discharging its responsibilities to protect and enhance shareholder
value and the financial performance of the Group.
During the financial year ended 31 December 2011, the Board considers that it has fundamentally applied the Principles and
Best Practices of the Code and is pleased to report the actions taken by the Company to conform to the Code as set out below:-
THE BoARD of DIRECToRS
MHB is led and managed by a competent Board, comprising members with a wide range of experience, knowledge and skills in
relevant fields such as engineering, architectural, construction and finance. Together, the Directors contribute to successfully
direct and supervise the Group’s business activities, which are vital to the success of the Group and the enhancement of longterm
shareholders’ value.
During the financial year ended 31 December 2011, the Board met a total of six (6) times. Details of the attendance are as
follow:-
Directors position Board Meetings Attended
1. General Dato’ Ismail Bin Hassan (R) Independent
Non- Executive Chairman
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2. Tan Eng Piow Managing Director 6/6
3. Foo Chek Lee Executive Director 6/6
4. Roland Kenneth Selvanayagam Independent
Non-Executive Director
6/6
5. Tan Sri Dato’ Seri Mohamad Noor
Bin Abdul Rahim
Independent
Non-Executive Director
6. Ir Zakaria Bin Nanyan Independent
Non- Executive Director
The Board has delegated specific responsibilities to 2 subcommittees namely, the Audit Committee and the Nomination and
Remuneration Committee. These Committees have the authority to examine particular issues and report back to the Board
with their recommendation. The ultimate responsibility for the final decision on all matters, however, lies with the entire Board.
16 MITRAJAYA HOLDINGS BERHAD ANNUAL REPORT 2011
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