22
Techno
Dex
Berhad
(627634-A)
ANNUAL REPORT 2016
C. THE SHAREHOLDERS
i. Dialogue between the Company and Investors
The Board values the importance of dissemination of information on major developments of the Group to the
shareholders, potential investors and the general public in a timely and equitable manner. Quarterly results,
announcements, annual reports and circulars serve as the primary means of dissemination of information so
that the shareholders are constantly kept abreast of the Group’s progress and development. The Company’s
corporate website at
serves as one of the most convenient ways for shareholders and
members of the public to gain access to corporate information, news and events relating to the Group.
The Board will ensure that the general meetings of the Company are conducted in an efficient manner and
serve as a mode in shareholders communications. These include the supply of comprehensive and timely
information to shareholders and the encouragement of active participation at the general meetings.
ii. Annual General Meetings (“AGM”)
The AGM remains as a principal forum used by the Group for communication with its shareholders. During the
AGM, shareholders are accorded time and opportunity to query the Board on the resolutions being proposed
and also matters relating to the performance, developments within and the future direction of the Group.
Shareholders are also invited to convey and share their inputs with the Board. Where applicable, the Board will
also ensure that each item of special business that is included in the notice of meeting is accompanied by a
full written explanation of that resolution and its effects to facilitate its understanding and evaluation.
All resolutions set out in the Notice of the AGM were put to vote by show of hands. In future, the Company
shall put to vote the resolutions at the AGM by poll. A summary of the key matters discussed at the AGM will
be published on the Company’s website for shareholders’ information.
D. ACCOUNTABILITY AND AUDIT
i. Financial reporting
The Board has overall responsibility for the quality and completeness of the financial statements of the Company
and the Group, both on a quarterly and full year basis, and has a duty to ensure that those financial statements
are prepared based on appropriate and consistently applied accounting policies, supported by reasonably
prudent judgment and estimates and in accordance to the applicable financial reporting standards.
The Audit Committee plays a crucial role in assisting the Board to scrutinise the information to be in compliance
with applicable financial reporting standards for disclosure to shareholders to ensure material accuracy,
adequacy, validity and timelines of the financial statements.
ii. Internal Control and Risk Management
The Board is responsible for maintaining a sound system of internal control to safeguard shareholders’
investments and the Company’s assets and for reviewing the adequacy and integrity of the system.
Risk management is an integral part of the Group’s business operations and it is subject to periodic reviews by
the Board. The Group adopted a structured risk management framework with discussions involving different
levels of managements to identify and address risks faced by the Group.
CORPORATE
GOVERNANCE STATEMENT
(continued)
