Asia Media Group Berhad Annual Report 2014
47
CORPORATE GOVERNANCE STATEMENT
(Cont’d)
7. TIMELY AND HIGH QUALITY DISCLOSURE
7.1. Corporate disclosure policy
The Board has in place a Corporate Disclosure Policy in line with the Main Market Listing
Requirements of Bursa Securities to enable comprehensive, accurate and timely disclosures
relating to the Company and its subsidiaries to be made to the regulators, shareholders
and investors.
The Board has delegated the authority to the Executive Director to approve all
announcements for release to Bursa Securities. The Group Chairman and Executive
Director work closely with the Board, the Senior Management and the Company Secretary
who are privy to the information to maintain strict confidentiality of the information.
7.2. Leverage on information technology for effective dissemination of information
The Company’s corporate website at
serves as a key communication
channel for shareholders, investors and the public to obtain up-to-date information on the
Group’s activities, financial results, major strategic developments and other matters affecting
stakeholders’ interests.
To augment the process disclosure, the Board is dedicating a section for corporate
governance on the Company’s website, where information on the Company’s
announcements to the regulations, the Board Charter, rights of shareholders, and the
Company’s Annual Report may be accessed.
8. STRENGTHEN RELATIONSHIP BETWEEN COMPANY AND SHAREHOLDERS
8.1. Shareholders Participation at General Meetings
The Board regards the annual general meeting as the principal platform for open dialogue
between the Shareholders and the Directors of the Company, whereby the Directors will be
available to respond to queries raised during the annual general meeting. It also provides
an opportunity for the investors to communicate their expectations and concerns over the
business activities of Asia Media Group.
Notice of the annual general meeting and the Annual Report are sent out more than 21
days prior to the date of the annual general meeting and it is also advertised in a local
daily newspaper. Any item of the Special Business included in the Notice of the annual
general meeting will be accompanied by a full explanation of the effects of the proposed
resolution. Shareholders are given the opportunity to participate in the question and answer
session on the proposed resolutions and the Group’s operations. Separate resolutions
are prepared for different transactions and the outcome of the resolutions voted upon will
be declared by the Chairman during the annual general meeting and will be announced
to Bursa Securities on the same day of the meeting.
