MembersThe Committee shall be appointed by the Board of Directors which shall comprise exclusively of non-executive directors, the majority of whom shall be independent directors. The Board of Directors must review annually the term of office and performance of the Committee and each of its members to determine whether such Committee and members have carried […]
Category Archives: CORPORATE GOVERNANCE
AUDIT COMMITTEE PRIMARY PURPOSES The Audit Committee shall : provide assistance to the Board in fulfilling its fiduciary responsibilities relating to the corporate accounting and practices for the Company and all its wholly and majority owned subsidiaries (“Group”). improve the Group’s business efficiency, the quality of the accounting function, the system of internal controls and […]
Remuneration of Executive Directors and Chief Executive Officer (“CEO”) The remuneration of the Executive Directors and CEO shall be reviewed and proposed by the Management to the Remuneration Committee for their consideration and recommendation to the Board for approval. Annual Bonus The executive directors and CEO shall be entitled to participate in the Company’s annual […]
Appointment of New Directors The Board Nomination process is to facilitate and provide a guide for the Nominating Committee to identify, evaluate, select and recommend to the Board the candidate to be appointed as a director of the Company. The Board does not set specific criteria for the assessment and selection of director candidate. However, […]
The shareholders have the following rights in respect of participating and voting in general meetings:- to attend or appoint proxies to attend, speak and vote at all general meetings; to requisition the company to convene a general meeting; to place items on the general meeting agenda; to appoint up to two proxies when the shareholder […]
Sustainability Policy – Introduction The combination of economic, environmental and social issues in the way we plan, execute and monitor our business is critical to the growth and success of Bahvest Resources Berhad group of companies (the “Group”). Our efforts over the last few years define the way we manage sustainability. We have set the […]
INTRODUCTION In line with good corporate governance practices, the Board and Management of Bahvest Resources Berhad and its group of companies (“the Company”) encourage its employees, directors and associates (“reporting individual”) to report suspected and/or known misconduct, wrongdoings, corruption and instances of fraud, waste, and/or abuse involving the resources of the Company. The policy provides […]
BOARD CHARTER 1. INTRODUCTION The Board of Directors (“Board”) is accountable and responsible for the performance and affairs of Bahvest Resources Berhad (“Company”), including practicing a high level of good governance. All Board members are expected to show good stewardship and act in a professional manner, as well as upholding the core values of integrity […]