Corporate Governance
The Board of Directors of Axiata recognises the fact that good corporate governance is the hallmark of successful companies. It adds value to the Company through efficient oversight and risk management, whilst encouraging innovation and entrepreneurship within the Company. The Board is therefore fully committed to excellence in corporate governance and enhancing shareholders’ value.
The Board’s effort in championing good governance in the early years of Axiata’s listing had not gone unnoticed. Axiata was recognised through a Merit Award in the inaugural Malaysian Corporate Governance (MCG) Index 2009 initiated by the Minority Shareholder Watchdog Group (MSWG). The MCG Index 2009 is a premier index for investors to determine the corporate governance levels amongst public listed companies in Malaysia. The inaugural publication of Axiata’s Annual Report 2008 also received recognition in the form of Gold Award for Best Designed Annual Report at the National Annual Corporate Report Awards (NACRA) 2009. These awards motivate the Board to continue refining and improving Axiata’s corporate governance systems in its pursuit to realise the above commitments.
The Corporate Governance Statement published in our Annual Report 2009 provides a description on how Axiata has applied the key principles set out in the Malaysian Code on Corporate Governance (Revised 2007) (Code) and the extent of its compliance with the best practices set out in the Code throughout the financial year ended 31 December 2009 (FY09).
You can view our complete statement on Corporate Governance here
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For Whistle-blowing purposes, please email to: Wisel@axiata.com