Audit Committee Report


The primary objective of the Audit Committee (“the Committee”) of Kronologi Asia Berhad (“Kronologi”) is to assist the Board of Directors (“the Board”) to discharge its statutory duties and responsibilities. It provides an additional assurance to the Board through performing an objective and independent review of financial, operational and administrative controls and procedures, establishing and maintaining internal controls and reinforcing the independence of the Company’s External Auditors, thereby ensuring that the auditors have free reign in the audit process.