2018 UEM Edgenta Annual Report

At UEM Edgenta, our corporate governance framework is in line with the guidelines prescribed by the Malaysian Code of Corporate Governance (“MCCG2017”) in terms of board leadership and effectiveness, effective audit, risk management, and internal controls; corporate reporting and relationship with stakeholders. In addition, we are also guided by our internal policies and procedures for effective implementation. We strictly adhere to all regulatory and legal requirements as we continue to practice fair and transparent dealings with clients and supply chain partners. Our corporate and sustainability governance are supported by key policies, systems, processes, standard operating procedures and best practices. Focus Areas Relevant Policies Economic • Investor Relations Policy • Corporate Disclosure Policy • Sustainability Policy • Corporate Responsibility Policy • Privacy Policy/Personal Data Protection Policy • Group Procurement Policy • No Festive Gifts Policy • Code of Conduct • Donations & Sponsorship Guidelines Environmental • Quality, Health, Safety, Security & Environment Policy • Energy Policy Social • Whistle Blower Policy • Code of Conduct • Quality, Health, Safety, Security & Environment Policy • Sustainability Policy • Corporate Resoponsibility Policy • Donations & Sponsorship Guidelines • Corporate Disclosure Policy • No Festive Gifts Policy • Social Media Policy • IT General (Governance) Policy • Group Mobile Device Policy • Anti-Bribery & Anti-Corruption Guide The Board of Directors reviews and assesses the strategic directions required to achieve the Company’s goals for long-term sustainable growth. The Senior Management team, with the help of the heads of the various divisions, oversees the activities executed by the Company to ensure conformity to the strategies and objectives. For more information on Corporate Governance, please refer to the Corporate Governance Overview Statement on pages108 to 117 of this report. For further details of UEM Edgenta’s Risk Management Framework, please refer to our Statement on Risk Management and Internal Control from pages 118 to 125 of this Annual Report. GROUP STRATEGY - GOVERNANCE OVERVIEW GOOD CORPORATE GOVERNANCE MEANS HAVING STRUCTURES AND PROCESSES IN PLACE TO ENSURE THAT DECISIONS AND ACTIONS ARE IN THE BEST INTERESTS OF STAKEHOLDERS. Edgenta PROPEL Berhad ISO 9001:2015 ISO 14 001: 2015 OHSAS 18001:2007 Edgenta Environmental & Material Testing Sdn Bhd ISO 9001: 2015 ISO 14001:2015 OHSAS 18001:2007 ISO/IEC 17025:2005 Opus International (M) Berhad ISO 9001:2015 ISO 14001:2015 OHSAS 18001:2007 Edgenta Mediserve Sdn Bhd ISO 9001:2015 ISO 14001:2015 OHSAS 18001:2007 ISO 13485:2016 Kamunting Laundry & Incineration Plant ISO 9001:2015 ISO 14001:2015 OHSAS 18001:2007 Kuala Ketil Laundry Plant ISO 9001:2015 ISO 14001:2015 OHSAS 18001:2007 MS 1722:2011 KFM Holdings Sdn Bhd ISO 9001:2015 ISO 14001:2015 OHSAS 18001:2007 Additionally, two of our subsidiaries are currently being validated for the following ISO standards for 2019: Edgenta Mediserve Sdn Bhd ISO/IEC 27001:2013 ISO/IEC 20000:2018 Edgenta Healthronics Sdn Bhd ISO 13485:2016 Furthermore, we also place great emphasis on setting and achieving high standards of quality and performance when it comes to delivering core services to our clients and customers. We focus on fostering positive collaborations with supply chain partners and suppliers whom we see as essential to drive us towards our greater vision of Optimising Assets to Improve Lives. Our value-chain relationships are guided by procurement policies that promote fair participation opportunities and transparent processes. To ensure business continuity, credibility and success of UEM Edgenta and its various subsidiaries, we strictly adhere to international standards and guidelines as follows: UEM Edgenta’s key subsidiaries certified with the various certifications Management Discussion & Analysis UEM Edgenta Berhad Annual Report 2018 About UEM Edgenta Chairman’s Statement 36