The Board of Directors (the "Board") places strong dedication and commitment to the highest standards towards effective Risk Management in-line with "Best Practices in Corporate Governance of Malaysian Code of Corporate Governance (MCCG)" guidelines. An enterprise risk management approach aligns strategy, processes, people, technology and knowledge with the purpose of evaluating and managing potential losses the company may encounter. It enhances and encourages the identification of greater opportunities for continuous improvement through innovation.
Quote by the Committee of Sponsoring Organisations of the Treadway Commission (COSO, 2003):
"Enterprise risk management is interrelated with corporate governance by providing information to the board of directors on the most significant risks and how they are being managed. And, it interrelates with performance management by providing risk-adjusted measures, and with internal control, which is an integral part of enterprise risk management".