Wah Seong Corporation Berhad Annual Report 2018

4.2 Dialogue between the Company and Investors The Board values feedback and dialogues with its investors. The Company will hold open discussions with investors upon written request. Analyst Briefings are periodically held to introduce and update the investors on the Company’s/the Group’s undertakings and financial performance from time to time. In this respect, the Board and the Company shall ensure that any information sought is disseminated in strict adherence to the disclosure requirements under the MMLR. The Company’s website at www.wahseong.com contains vital information concerning the Group. All investors are encouraged at all times to log on and visit the Company’s website to be informed of the latest happenings and detailed information of the Group and all the announcements made to Bursa Malaysia Securities Berhad. 4.3 Annual General Meeting The Annual General Meeting (“AGM”) is one of the platforms for the Company’s shareholders to meet and exchange views with the Board. An open Question and Answer Session will be held whereby any shareholder may seek further details and clarification regarding any proposed resolutions as well as matters relating to the Group’s businesses and affairs. The Chairman and the other members of the Board together with Management and the Company’s External Auditors will be in attendance to provide explanations to all shareholders’ queries. Pursuant to Paragraph 8.29A(1), Chapter 18 of the MMLR, any resolution set out in the notice of any general meeting, or in any notice of resolution which may properly be moved and is intended to be moved at any general meeting, is required to be voted by poll. At least one (1) scrutineer will be appointed to validate the votes cast at the general meeting. Such scrutineer must be independent of the person undertaking the polling process. A summary of the key matters discussed at the AGM will be published on the Company’s website as soon as practicable after the conclusion of the AGM. 5. ACCOUNTABILITY AND AUDIT 5.1 Financial Reporting The Board aims to provide and present a balanced and meaningful assessment of the Group’s financial position, performance and prospects at the end of the financial year primarily through the audited financial statements, annual report as well as the quarterly announcements of results to shareholders. The Board is responsible for ensuring that the financial statements prepared are drawn up in accordance with the provisions of the Companies Act, 2016 and applicable approved accounting standards in Malaysia. In presenting the financial statements, the Company has used appropriate accounting policies, consistently applied and supported by reasonable and prudent judgements and estimates. The Board assisted by the Audit Committee, oversees the financial reporting processes and the quality of the financial reporting by the Group. The Audit Committee scrutinises information prior to their disclosure to ensure their timeliness, accuracy and adequacy. The quarterly financial results and audited financial statements were reviewed by the Audit Committee and approved by the Board before being released to Bursa Malaysia Securities Berhad. The Statement of Directors’ Responsibility in respect of the audited financial statements of the Company and the Group is set out on page 68 of this Annual Report. CORPORATE GOVERNANCE OVERVIEW STATEMENT WAH SEONG CORPORATION BERHAD 60