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CORPORATE GOVERNANCE
OVERVIEW STATEMENT

(PURSUANT TO PARAGRAPH 15.25 (1) OF THE MMLR OF BURSA SECURITIES)

areaS OF FOCuS MatterS COnSIDereD
Other activities • Reviewed the report on compliance six (6) times a year. The report highlighted the status of
compliance of the Company and its key operating subsidiaries pursuant to the following
regulatory requirements:
(1) Capital Market & Financial Law
• Capital Markets & Services Act 2007
INTEGRATED ANNUAL REPORT 2020 • Malaysian Financial Reporting Standard
•
Islamic Financial Services Act 2013
Bank Negara Malaysia’s Financial Reporting for Islamic Institutions
•
Bank Negara Malaysia’s Observation Period Reporting (Capital Adequacy Ratio and
•
Liquidity Coverage Ratio)
(2) Main Market Listing Requirements
(3) Companies Act 2016
(4) Corporate Governance
• Bank Negara Malaysia’s Policy on Corporate Governance
140
• Malaysian Code on Corporate Governance 2017
• Whistle Blowing Policy

The Management highlights any non-compliance to the BAEC and make recommendations on
BIMB HOLDINGS BERHAD 199701008362 (423858-X) traInInG anD DeveLOpMent perFOrManCe revIeW OF tHe baeC
the control and mitigation plans.
Endorsed and recommended to the Board on the Zakat computation for BHB and its subsidiaries
•
namely Syarikat Al-Ijarah Sdn. Bhd. and BIMB Securities (Holdings) Sdn. Bhd. for the financial year
ended 31 December 2019.

All members of the BAEC have the relevant accounting or related financial
management experience or expertise. The BAEC members are expected
the Board, its Committees and the members of the Board,
the Board is satisfied with the performance of the BAEC
to devote sufficient time to update their knowledge and enhance their
and its members. The BAEC has discharged its duties in
skills through appropriate continuing education programmes. During the Based on the annual evaluation on the effectiveness of
year under review, the BAEC members attended several seminars and accordance with its Terms of Reference and in line with
training conferences to keep abreast with the latest developments. the requirements of MCCG, BNM CG Policy and MMLR.
Details of the seminars and training programmes attended by each
Director in 2020 can be found in the CG Report 2020.