| The Board of Directors
is committed to ensuring that the highest
standards of corporate governance are
practiced throughout the Group. Good
corporate governance is a fundamental
part of the Group’s responsibility
to protect and enhance long term shareholder
value and the financial performance
of the Group, whilst taking into account
the interests of other stakeholders.
The Board has taken steps to introduce
various measures both prior to and since
its listing on the MESDAQ Market of
the Bursa Malaysia (“MESDAQ”)
on 24 January 2003. In assessing its
corporate governance practices, the
Group is governed by the Listing Requirements
of the MESDAQ and Guidance Notes 2 on
Corporate Governance (“Guidance
Notes”), both of which were issued
in March 2002. The Guidance Notes represent
the recommended best practices with
which listed companies are expected
to comply. The Group has also endeavoured
to comply with the Malaysian Code on
Corporate Governance (“Code”)
which was issued in January 2001 as
a guide for public listed companies.
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