3. Other Disclosure.
3.1 Profit Guidance
Where there is material improvement or deterioration in the Company’s financial results, the Company will assess the impact and immediately provide a profit guidance statement on the likely impact.
3.2 Fraud/Financial Irregularity
Where there is a fraud or financial irregularity taking place, the Company will assess the materiality of the irregularity and announce it immediately if the irregularity is material to the Company. The Company will notify public the financial and operation impacts of the said irregularity to the Company and the action taken by the Company to address it in the announcement.
3.3 Announcement by External Parties/Authorities
The Company will immediately announce to Bursa Securities any announcement by a government ministry or agency regarding a government policy which is material to the Company including the business and financial impact.
3.4 Disclosing Purpose and Utilization of a General Mandate
The Company may procure a general mandate from its shareholders at a general meeting to issue shares in accordance with section 132D of the Companies Act 1965 and the requirements under the Listing Requirements.
3.5 Quality of Financial Disclosure and Timely Disclosure
The Board is responsible for the preparation of timely and reliable financial statement and represents a true and fair view of the statement of affair of the Company.
To facilitate easy reference, the Company discloses in its annual report, financial highlight of major items for the last 5 years.
This Policy is approved by the Board of Directors on 24 June 2013.