GPERAK-AnnualReport2009 (1MB).pdf - Bursa Malaysia

AUDIT COMMITTEE REPORT
MEMBERS OF THE COMMITTEE
annual report 2009 | Gula peraK BerHaD (8104-X)
Name of Directors Designation
No. of
Meetings
Attended
Tan Sri Datuk Seri (Dr) Elyas bin Omar Chairman 4 / 5
Independent, Non-Executive Director
Tan Sri Dato’ Ahmad Sabki bin Jahidin Member 0 / 5
Independent, Non-Executive Director
(Demised 15 September 2008)
Dato’ Mustapha bin Buang Member 5 / 5
Independent, Non-Executive Director
Leow Thang Fong Member 4 / 5
Executive Director
(Resigned 23 January 2009)
Lim Soo Ka Member 1 / 5
Non-Independent, Non-Executive Director
(Appointed 30 January 2009)
Lim Bee Khim Secretary 4 / 5
TERMS OF REFERENCE FOR THE AUDIT COMMITTEE
CO M P O S I T I O N
The member of the Audit Committee (“the Committee”) and the Chairman shall be appointed by the Board of Directors and
shall consist of at least three (3) Non-Executive Directors, a majority of whom are Independent. The Chairman of the Committee
shall be an Independent, Non-Executive Director.
Meetings
The Committee shall meet not less than four (4) times a year and report to the Board of Directors. The Committee meetings shall
be planned to coincide with the audit cycle and the timing of publication of financial statements. The quorum of the Committee
meetings shall consist of at least two (2) members, majority of whom are Independent.
Authority
The Committee shall have the authority to request any information it seeks as relevant to its activities from any employee of the
Company and the Group. All employees are directed to cooperate with any request made by the Committee.
The Committee shall have direct access to the Company’s Auditors and provide a link between the Auditors and the Board. It
is also authorized to take such independent professional advice it considers necessary to investigate any activity within its terms
of reference.
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