Asia Media Annual Report 2017

ASIA MEDIA GROUP BERHAD Annual Report 2017 33 6. RECOGNISE AND MANAGE RISKS (cont’d) 6.2 Internal audit function The internal audit function of Asia Media Group is detailed in the Statement on Risk Management and Internal Control set out on pages 37 to 39. 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 www.asiamedia.net.my 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. CORPORATE GOVERNANCE STATEMENT (cont’d)