Asia Media Annual Report 2017
ASIA MEDIA GROUP BERHAD Annual Report 2017 31 4. FOSTER COMMITMENT (cont’d) 4.2 Directors’ Training (cont’d) For the year ended 31 December 2017, the training programmes and seminars attended by the Directors are as follows:- Directors Seminar / Trainings Datuk Seri Syed Ali Bin Tan Sri Abbas Alhabshee (resigned w.e.f. 14 April 2017) - Dato’ Wong Shee Kai • Briefing on Companies Act 2016 • Briefing on Malaysian Code on Corporate Governance 2017 Paul Jong Jun Hian • Recent Tax Cases 2017 • Withholding Tax in Malaysia Principles and Latest Developments • Transfer Pricing – Application, Enforcement and documentation Yeong Siew Lee • 2018 Budget Seminar • MIRA Annual Conference 2017 • Valuation in Practice for Transactions and Reporting • Latest development on Malaysian Financial Reporting Standards (“MFRS”) 15 & MFRS 16 Ong Chooi Lee (appointed w.e.f 17 April 2017) • Advocacy session on corporate disclosure for directors and principal officer of listed issuers • CG Breakfast Series - Board Excellence : How to Engage and enthuse Beyond Compliance with Sustainability The Board of Directors was briefed on the requirements of the Code and the Statement on Risk Management and Internal Control. 5. UPHOLD INTEGRITY IN FINANCIAL REPORTING 5.1 Compliance with applicable financial reporting standards The Board takes responsibility to present a balanced and meaningful assessment of the Group’s position and prospects in the various financial reports and to ensure that the financial statements are draw up in accordance with the provisions of the Act and the applicable accounting standards in Malaysia. CORPORATE GOVERNANCE STATEMENT (cont’d)
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