Directors' Reponsibility Statement

The Board of Directors of the Company is fully accountable for ensuring that the financial statements are drawn up in accordance with the Companies Act, 1965 (“Act”) and the applicable approved accounting standards prescribed by the Malaysian Accounting Standards Board so as to give a true and fair view of the state of affairs of the Company and its subsidiaries (“the Group”) as at 31 December 2015 and of the results and cash flows of the Company and the Group for the financial year then ended.

In the preparation of the financial statements for the financial year ended 31 December 2015, the Directors have:

  1. applied relevant and appropriate accounting policies consistently and in accordance with applicable approved accounting standards;
  2. made judgments and estimates that are prudent and reasonable; and
  3. used the going concern basis for the preparation of the financial statements.

The Directors are responsible for ensuring that proper accounting records are kept in accordance with the Act. The Directors also have overall responsibility in taking such steps as are reasonably open to them to safeguard the assets of the Group and to prevent and detect fraud and other irregularities.