CK Closeup

Mr. CK Chong (Doctorate Candidate)

Cheryl Wong Close UP

Ms. Cheryl Wong


Independent Director acts as a guide, coach, and mentor to the Company. The role includes improving corporate credibility and governance standards

by working as a watchdog and help in managing risk. Independent directors are responsible for ensuring better governance by actively involving in

various committees set up by company

The independent directors (starts from RM 1,500.00 per appointment) are required because they perform the following important role :

  1. facilitate withstanding and countering pressures from owners;

  2. fulfill a useful role in succession planning;

  3. on issues such as strategy, performance, risk management, resources, key appointments and standards of conduct he must support in gaining

    independent judgment to bear on the board’s deliberations;

  4. while evaluating the performance of board and management of the company bring an objective view;

  5. scrutinizing, monitoring and reporting management’s performance regarding goals and objectives agreed in the board meetings;

  6. safeguard the interests of all stakeholders, particularly the minority shareholders;

  7. balance the conflicting interest of the stakeholders;

  8. satisfying themselves that financial controls and systems of risk management are in operation and check on the integrity of financial


  9. in situations of conflict between management and shareholder’s interest, aim towards the solutions which are in the best interest of the


  10. establishing the suitable levels of remuneration of:
  • executive directors,

  • key managerial personnel,

  • senior management.

Duties of an Independent Director

The Independent Directors shall :

  1. undertake appropriate induction and regularly update and refresh their skills, knowledge, and familiarity with the company;
  2. attempt to attend company’s  general meetings;
  3. attempt to attend BOD’s meetings and board committees meeting being a member;
  4. have adequate knowledge about the company and the external environment in which it operates;
  5. report matters concerning the unethical behavior, actual or suspected fraud or violation of the company’s code of conduct or ethics policy;
  6. acting within his authority, assist in protecting the legitimate interests of the company, shareholders and its employees;
  7. not to unfairly obstruct the functioning of the company or committee of the Board;
  8. participate in the Board’s committee being chairpersons or members of that committee;
  9. not to disclose confidential information, including commercial secrets, technologies, advertising and sales promotion plans, unpublished price

    sensitive information, unless such disclosure is expressly approved by the Board or required by law;

  10. ascertain and ensure that the company has an adequate and functional vigil mechanism and to ensure that the interests of a person who uses

    such mechanism are not prejudicial affected on account of such use.