Group Risk Policy

The risk management objective of the Group is to ensure that a formal, structured, documented and integrated risk management framework is in place in order to achieve the following objectives:

• Management is proactive in predicting and detecting changes faster and more prepared to face risks and opportunities;
• Staff members appreciate the impact of their jobs to the organisation;
• Business is sustainable without dependency;
• Risk oversight is minimized; and
• Ethic, quality and efficiency are improved in operations.

The Board however, recognizes that a sound system of risk management and internal control could only provide reasonable, but not absolute assurance and could not eliminate, the possibility of occurrence of unforeseeable circumstances.