OTHERS Malaysian Bulk Carriers Berhad ("the Company" or "MBC") - Merger of the Audit Committee (AC) and Risk Management Committee (RMC) into a new Committee known as the Audit and Risk Management Committee (ARMC)

MALAYSIAN BULK CARRIERS BERHAD

Type Announcement
Subject OTHERS
Description
Malaysian Bulk Carriers Berhad ("the Company" or "MBC")
- Merger of the Audit Committee (AC) and Risk Management Committee (RMC) into a new Committee known as the Audit and Risk Management Committee (ARMC)

MBC wishes to announce that the Board has reviewed and approved the merger of the AC and the RMC into a new committee known as the “ARMC” with effect from 1 July 2020 aimed to streamline and facilitate the holistic oversight of internal controls (including financial, operational, compliance and information technology controls) and risk management matters under the merged committee.

 

In view thereof, the composition of the ARMC of MBC is as follows:-

 

Name

Directorate

Committee Designation

Mr Yeoh Khoon Cheng

Independent Non-Executive Director

Chairman

Mr Tay Beng Chai

Independent Non-Executive Director

Member

Encik Ahmad Mochtar Bin Hashim

Non-Independent Non-Executive Director

Member

 

 

This announcement is dated 25 June 2020.






Announcement Info

Company Name MALAYSIAN BULK CARRIERS BERHAD
Stock Name MAYBULK
Date Announced 25 Jun 2020
Category General Announcement for PLC
Reference Number GA1-24062020-00013