Internal Control System
The Board is responsible for maintaining a sound system of internal controls to safeguard shareholders’ investment and the assets of the Company. The system of internal controls is to provide reasonable assurance against material misstatement, prevent and detect fraud and other irregularities.
There is an effective internal control function within the Company which gives reasonable assurance against any material misstatement or loss. The Board and Management will continue to review the effectiveness and the adequacy of the company's internal control systems and update such as may be necessary.
The internal audit is subjected to external review every 3yrs and auditors are appointed for the period.