TERMS OF REFERENCE OF RISK MANAGEMENT COMMITTEE

  1. MEETINGS

    (a) The Committee shall meet on half yearly basis. Additional meetings may be called at any time at the Committee Chairman’s discretion.
    (b) The quorum for the Committee meeting shall be at least two (2) members, who must be Independent Directors.
    (c) The Risk Officer shall be in attendance at all meetings to present and discuss the risk management reports and other related matters as well as the recommendations relating thereto and to follow-up on all relevant decisions made.