Assessment of Suitability and Independence
of External Auditors
The Board, through the Audit Committee has maintained
an appropriate relationship with the External Auditors as
there is a formal and transparent arrangement in the
review of the External Auditors’ audit plan, report, internal
control issues and procedures.
In 2015, the External Auditors attended all four (4) Audit
Committee Meetings which were held on 10 February
2015, 14 May 2015, 12 August 2015 and 12 November
2015. They also attended the Company’s 22nd AGM held
on 28 May 2015 and the EGMs held on 13 October
2015.
The Audit Committee met with the External Auditors
without the presence of the Executive Board Member and
Senior Management once (1) during the year, on
10 February 2015. The Board is of the view that the
External Auditors are independent and they are re-
appointed annually at the AGM.
6. RECOGNISE AND MANAGE RISKS
Framework to Manage Risk
The Board, as part of its leadership role coordinates and
delegates specific responsibilities to several Committees
to facilitate the operations of the Group at the Board and
Management level. Each Committee has written terms of
reference defining its scope, powers and responsibilities.
These Committees have the authority to examine
particular issues and report back to the Board with their
findings and recommendations. The ultimate responsibility
for the final decisions and recommendations on all
matters emanating from these Committees, however, lies
with the entire Board.
The Committees are divided into Board and Management
Committees. The Board Committees comprises of six (6)
main Committees:
• Audit Committee;
• Building Committee;
• Medical Advisory Committee;
• Nomination and Remuneration Committee;
• Tender Board Committee; and
• Employees’ Share Option Scheme Committee (ESOS
Committee)
Board Committees
Audit Committee (AC)
The Audit Committee is chaired by Zainah Mustafa, and
comprises of two (2) other members, Datuk Azzat
Kamaludin and Dr. Kok Chin Leong, all of whom are
Independent Non-Executive Directors. The Committee
meets on a scheduled basis at least four (4) times a year.
The profiles of each AC Member are disclosed on pages
74 to 85 of this Annual Report.
Pursuant to Paragraph 15.15 of the MMLR, the Audit
Committee Report for the financial year which sets out
the composition, terms of reference and a summary of
activities of the Audit Committee is presented on pages
190 to 197 of this Annual Report.
Building Committee (BC)
The main purpose of the Committee is to oversee the
timeline and costs of each development project
undertaken by the Group and to address any issues
relating to these projects.
Members of the Committee:
a) Tan Sri Datin Paduka Siti Sadiah Sheikh Bakir
(Chairman) – Independent Non-Executive Director
b) Dato’ Amiruddin Abdul Satar – President and
Managing Director
c) Dr. Yoong Fook Ngian – Independent Non-Executive
Director
d) Aminudin Dawam – Executive Director
The Committee meets on a scheduled basis at least four
(4) times a year. All reports and minutes of the meeting
are escalated to the Board.
Medical Advisory Committee (MAC)
The Committee’s role is to ensure that the best clinical
governance activities and guidelines are adopted and
practised by the Group. The Committee meets on a
scheduled basis at least four (4) times a year and is
chaired by Dr. Yoong Fook Ngian, Independent Non-
Executive Director
179
KPJ Healthcare Berhad
Annual Report
2015
