The Board is comprised of two Executive Directors , a Non-Executive Director and three Independent Non-Executive Directors. Each of the Executive Directors has a wealth of managerial experience and the Non-Executive Director and the Independent Non-Executive Directors have a wealth of experience in finance and corporate development. The Directors are satisfied that the composition of the Board meets the objective of ensuring checks and balances in the Company’s management. The composition of the Board ensures that no one individual or group dominates the decision market process.
Monthly management accounts with financial highlights and narrative explanations are circulated to the Directors, which enable the Directors to conduct timely assessment of the performance, financial position and prospects of the Group.
The Board also delegates certain of its responsibilities to the Audit Committee and the Remuneration Committee which have clearly defined terms of reference.
The Group has effective internal controls to ensure good corporate governance. An independent internal control consultant has conducted independent review on specific areas of the internal control system of the Group annaually and reported to the Audit Committee and the Board.