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pg.
44
Asia Media Group Berhad
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Annual Report 2015
Responsibilities and How the Committee Works
The Audit Committee shall review and report to the Board on the following key matters:
(a) To assess the risks and control environment;
(b) To review conflict of interest situations and related party transactions;
(c) To review the quarterly results and year end financial statements, prior to the approval of
the Board; and
(d) To review the appointment, resignation, conduct and audit plans with the external auditors.
C. Meetings
There were four meetings held during the financial year. The Audit Committee planned its
meetings ahead and would obtain the consensus of the members before fixing the dates of the
meetings to ensure the attendance of each member. The notice is served at least one week
before each meeting and the meeting papers would be provided to each member. The Chairman
of the Audit Committee would brief the Board at its meeting on the matters discussed during the
Audit Committee’s meeting held earlier. The update from the Audit Committee is a permanent
agenda on the notice of the Board meeting.
The details of attendance of each Committee Member are as follows:
Name
Desgination
Attendance
Ms. Yeong Siew Lee
Senior Independent
4/4
Non-Executive Director
Datuk Seri Syed Ali Bin
Independent Non-Executive Director
3/4
Tan Sri Abbas Alhabshee
Mr. Paul Jong Jun Hian
Independent Non-Executive Director
4/4
Audit Committee Report
(continued)