Wah Seong Corporation Berhad Annual Report 2019

ABOUT US 2 Vision, Mission 3 Core Values 4 Corporate Profile 5 Worldwide Operation 6 Corporate Information THE YEAR IN BRIEF 7 Financial Highlights 8 Corporate Calendar 10 Sustainability Statement FROM THE BOARD OF DIRECTORS AND KEY SENIOR MANAGEMENT 23 Management Discussion and Analysis 29 Profile of the Board of Directors 33 Profile of the Key Senior Management GOVERNANCE 38 Audit Committee 43 Remuneration Committee 46 Nomination Committee 51 Corporate Governance Overview Statement 67 Additional Compliance Information 68 Statement on Risk Management and Internal Control 71 Statement of Directors’ Responsibility FINANCIAL STATEMENTS 72 Audited Financial Statements ADDITIONAL INFORMATION 188 Summary of Significant Recurrent Related Party Transactions 190 Top 10 List of Properties 192 Analysis of Shareholdings 195 Notice of Twentieth Annual General Meeting 202 Statement Accompanying Notice of Twentieth Annual General Meeting Proxy Form WHAT’S INSIDE 1 2 3 4 5 6