- NORAIZWA BINTI MOHD SHARIFF (Chairman)
- LU KE PING
- MOHAMAD FARID BIN MOHD YUSOF
The Board of Directors of Asdion Berhad is dedicated to maintaining a robust system of risk management and internal control, aligned with the Malaysian Code on Corporate Governance and the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad. This framework is designed to protect shareholders' investments, safeguard the Group's assets, and support the achievement of strategic objectives.
Our risk management strategy focuses on identifying, assessing, and mitigating key business risks, including financial, operational, and compliance-related challenges, such as the recoverability of trade receivables and other liabilities. The Audit and Risk Management Committee (ARMC) plays a critical role in overseeing these processes, ensuring that risks are proactively managed to minimize adverse impacts on the Group's operations in logistics, commodity trading, and property development.
The internal audit function, outsourced to an independent professional services firm, adopts a risk-based approach to evaluate and enhance the effectiveness of governance, risk management, and internal controls. This systematic and disciplined methodology ensures that our control environment remains efficient and effective, addressing evolving risks in a competitive and dynamic business landscape.
The Board is committed to continuous monitoring and review of these systems, ensuring they remain relevant and responsive to changes in the Group's business environment. By fostering a culture of accountability and resilience, Asdion Berhad strives to deliver sustainable value to its stakeholders while navigating economic uncertainties.