Datasonic Group Berhad Annual Report 2021

DATASONIC GROUP BERHAD 78 STATEMENT ON RISK MANAGEMENT AND INTERNAL CONTROL INTRODUCTION AsDatasonicoperates inadynamicbusiness environment in which risk management and internal control system must be adequate and effectively responsive to support its business objectives, the Board and Management uphold their ongoing commitment to embed and improve the risk management and internal control system into the culture, processes and structure of the Group. Datasonic continue its efforts to integrate the risk management processes and internal controls into the management process and business activities of the Group. The efforts continue to evolve on a progressive basis for the financial year ended 31 March 2021 and up to date of approval of this Statement for inclusion into the Annual Report. The Board of Directors (“the Board”) of Datasonic Group Berhad (“the Group”) is pleased to present the Statement on Risk Management and Internal Control of the Group which outlines the main features of the Group’s risk management and internal control system for the financial year ended 31 March 2021 pursuant to Paragraph 15.26(b) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad (“MMLR of Bursa Malaysia”), Malaysian Code of Corporate Governance (“MCCG”) and the Statement on Risk Management and Internal Control: Guidelines for Directors of Listed Issuers (“Guidelines”).