Asia Media Annual Report 2017

ASIA MEDIA GROUP BERHAD Annual Report 2017 23 CORPORATE GOVERNANCE STATEMENT (cont’d) 1. ESTABLISH CLEAR ROLES AND RESPONSIBILITIES (cont’d) 1.5 Access to Information and Advice (cont’d) The Board recognized that the decision making process is highly contingent on the quality of information furnished. As such, all Directors have unrestricted access to any information pertaining to the Company and the Group. All the Directors have full and timely access to information with the advance distribution of Board Papers prior to Meetings. The Board is regularly updated on new statutory and regulatory requirements relating to the duties and responsibilities of Directors. The Boardmay seek independent professional advice at the Company’s expense on specific issue to enable it to discharge its duties in relation to matters being deliberated. Individual Directors may also obtain independent professional or other advice in furtherance of their duties, subject to the approval of the Board, depending on the quantum of the fees involved. 1.6 Company Secretaries The Company Secretaries are suitably qualified, competent and are members of a professional body. The Company Secretaries play an advisory role to the Board, in relation to the Group’s constitution, Board’s policies and procedures and compliance with the relevant regulatory requirements, codes, guidelines and legislations. The Board has unrestricted access to the advice and services of the Company Secretaries, who are considered capable of carrying out the duties to which the post entails. 2. STRENGTHEN COMPOSITION OF THE BOARD During the financial year under review, the Board consisted of four (4) Board Members with various experience and expertise. The current composition of the Board Members comprising of one (1) Executive Director and three (3) Independent Non- Executive Directors. The composition fulfils the Main Market Listing Requirements of Bursa Securities, which stated that at least two (2) or one-third (1/3) of the Board, whichever is higher, must be Independent Directors. The profile of each Director is set out under the Board of Directors’ profile in this Annual Report. 2.1 Nomination Committee The Nomination Committee is responsible to recommend appointment of new candidates to the Board of Directors, reviews the effectiveness and its performance assessment of the Board of Directors and the Board Committees.