STATEMENT OF DIRECTORS' RESPONSIBILITIES
In accordance with the requirements in Paragraph 15.26 (a) of the Bursa Malaysia Securities Berhad Main Market Listing Requirements, the Board of Directors are required to issue a statement explaining their responsibility for preparing the annual audited financial statements.
The Directors of the Company are responsible for the preparation of financial statements so as to give a true and fair view in accordance with Malaysian Financial Reporting Standards, International Financial Reporting Standards and the requirements of the Companies Act 1965 in Malaysia.
In ensuring the preparation of these financial statements, the Directors have:
Selected and applied the appropriate and relevant accounting policies on a consistent basis;
Made judgments and accounting estimates that are reasonable and prudent in the circumstances; and
Prepared the annual audited financial statements on a going concern basis.
The Directors are accountable to keep all the accounting and other statutory records for a requisite statutory period of time. The Directors are also responsible to safeguard the assets of the Group and establishment of system of internal control for the prevention and detection of fraud and other irregularities which is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error