Yinson Annual Report 2021

158 YINSON HOLDINGS BERHAD SECTION 06 : GOVERNANCE AC t 3FWJFXFE *OUFSOBM "VEJU 1MBO BOE *OUFSOBM "VEJU 3FQPSUT t 3FWJFXFE RVBSUFSMZ mOBODJBM SFTVMUT t 3FWJFXFE "VEJU 1MBOOJOH .FNPSBOEVN GPS FYUFSOBM BVEJU BOE &YUFSOBM "VEJUPST 3FQPSU t 3FWJFXFE UIF BQQMJDBUJPO PG NBKPS BDDPVOUJOH QPMJDJFT BOE QSBDUJDFT JO DPNQMJBODF XJUI BQQSPWFE accounting standards. t 3FWJFXFE "VEJU 'FFT t 3FWJFXFE BOE BQQSPWFE *OUFSOBM "VEJU #VEHFU t 3FWJFXFE "VEJUFE 'JOBODJBM 4UBUFNFOUT t 3FWJFXFE 3FHJTUFS PO 3FDVSSFOU 3FMBUFE 1BSUZ 5SBOTBDUJPOT t 3FWJFXFE SJTL QSPmMF BOE UIF BEFRVBDZ BOE FGGFDUJWFOFTT PG UIF (SPVQ T SJTL NBOBHFNFOU JOUFSOBM control system and management information system. t 3FWJFXFE UIF FYUFOU PG DPNQMJBODF XJUI FTUBCMJTIFE JOUFSOBM QPMJDJFT TUBOEBSET QMBOT QSPDFEVSFT laws and regulations. t $POEVDUFE QSJWBUF TFTTJPOT XJUI FYUFSOBM BVEJUPST BOE JOUFSOBM BVEJUPST XJUIPVU QSFTFODF PG UIF Executive Directors and Management. t &WBMVBUFE QFSGPSNBODF PG FYUFSOBM BVEJUPST t 3FWJFXFE QFSGPSNBODF PG *" GVODUJPO t 3FWJFXFE BOE BQQSPWFE UIF QSPQPTFE SFWJTJPOT UP UIF *OUFSOBM "VEJU $IBSUFS t 7FSJmFE DSJUFSJB GPS BMMPDBUJPO PG TIBSF PQUJPOT UP FMJHJCMF FNQMPZFFT GPS UIF ':& VOEFS UIF &44 t 3FWJFXFE "VEJU $PNNJUUFF 3FQPSU BOE 4UBUFNFOU PG 3JTL .BOBHFNFOU BOE *OUFSOBM $POUSPM GPS inclusion in the Annual Report. t 3FWJFXFE BOE SFDPNNFOEFE UIF EJWJEFOE QBZ PVU BRMC t 3FWJFXFE 5FSNT PG 3FGFSFODF PG UIF #3.$ t 3FWJFXFE TUBUVT PG 3JTL "DUJPO 1MBOT GPS UPQ mWF SJTLT PG UIF (SPVQ t 3FWJFXFE ,FZ 3JTL *OEJDBUPST BOE "DUJPO 1MBOT PG UIF UPQ mWF SJTLT PG UIF (SPVQ t 3FWJFXFE $PSQPSBUF 3JTL 1SPmMF PG UIF (SPVQ t 3FWJFXFE $SJTJT .BOBHFNFOU 1MBO PG UIF (SPVQ NRC t 3FWJFXFE BOOVBM QFSGPSNBODF PG JOEJWJEVBM %JSFDUPST (SPVQ $&0 #PBSE BOE #PBSE $PNNJUUFFT t 3FWJFXFE SF FMFDUJPO PG %JSFDUPST t 3FWJFXFE %JSFDUPST GFFT BOE CFOFmUT t 3FWJFXFE SFNVOFSBUJPO QBDLBHFT PG UIF &YFDVUJWF %JSFDUPST BOE 4FOJPS .BOBHFNFOU t 3FWJFXFE DPNQPTJUJPO PG #PBSE $PNNJUUFFT t 3FWJFXFE BOE BTTFTTFE UIF BQQSPQSJBUFOFTT PG B OFX DBOEJEBUF GPS #PBSE #PBSE $PNNJUUFF 4FOJPS Management positions. MC t 0WFSTFFO UIF (SPVQ T EBZ UP EBZ PQFSBUJPOT BOE CVTJOFTT BGGBJST UPXBSET BDIJFWJOH DPSQPSBUF objectives and goals. t 3FWJFXFE UIF (SPVQ T CVTJOFTT TUSBUFHJFT QMBOT QPMJDJFT BOE GSBNFXPSLT t *EFOUJmFE QSJODJQBM CVTJOFTT SJTLT GBDFE CZ UIF (SPVQ BOE FOTVSFE BQQSPQSJBUF JOUFSOBM DPOUSPMT BOE mitigating measures are implemented to manage such risks. SC t 1SPWJEFE TVQQPSU BOE BEWJDF SFHBSEJOH UIF FNCFEEJOH PG TVTUBJOBCJMJUZ QSJODJQMFT BOE QSBDUJDFT throughout the Group’s overall business strategies, policies, processes and practices. t 0WFSTFFO TVTUBJOBCJMJUZ SFMBUFE NBOBHFNFOU QSPDFTTFT TUBOEBSET BOE TUSBUFHJFT UPXBSET BDIJFWJOH compliance with social and environmental responsibilities and commitments. t 4VQQPSUFE UIF #PBSE JO NFFUJOH TUBLFIPMEFST TVTUBJOBCJMJUZ FYQFDUBUJPOT t 4UFFSFE UIF (SPVQ UPXBSET RVBMJGZJOH GPS 4VTUBJOBCJMJUZ *OEFY JO .BMBZTJB BOE HMPCBMMZ t *EFOUJmFE $BSCPO &NJTTJPO UBSHFUT Note: No ESSC meeting was held during the financial year under review. CORPORATE GOVERNANCE OVERVIEW STATEMENT