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Gamuda Berhad (29579-T) • Annual Report 2012
AuDiT CoMMiTTee
RePoRT
MeMBeRshiP
The current composition of the Audit Committee is as
follows:
1. Y M Raja Dato’ Seri Abdul Aziz bin Raja Salim
Chairman / independent non-executive Director
2. Y Bhg Tan Sri Dato’ Mohd Ramli bin Kushairi
Member / senior independent non-executive Director
3. Y M Tunku Afwida binti Tunku A.Malek
Member / independent non-executive Director
(Appointed with effect from 1 June 2012)
4. Ms Wong Chin Yen
Member / independent non-executive Director
(Retired with effect from 8 December 2011)
ATTenDAnCe oF MeeTinGs
During the financial year ended 31 July 2012, the Audit
Committee met five times. The meeting attendance of the
Committee members is as follows:
Name of Directors
Attendance
Y M Raja Dato’ seri Abdul Aziz bin Raja salim
5/5
Y Bhg Tan sri Dato’ Mohd Ramli bin Kushairi
5/5
Y M Tunku Afwida binti Tunku A.Malek
1/1
Ms Wong Chin Yen
1/1
TeRMs oF ReFeRenCe
Membership
The Audit Committee shall be appointed by the Board of
Directors from amongst its members and shall consist of not
less than three members, all of whommust be non-executive
Directors with a majority of them being independent
Directors. The members of an Audit Committee must elect
a chairman from among themselves who is an independent
Director. An Alternate Director cannot be appointed as a
member of the Audit Committee.
At least one member of the Audit Committee:
i. must be a member of the Malaysian institute of
Accountants (MiA); or
ii. if he is not a member of MiA, the member must have at
least three years’ working experience, and:
a. must have passed the examinations specified in Part
i of the 1
st
schedule of the Accountants Act 1967; or
b. must be a member of one of the associations of
accountants specified in Part ii of the 1
st
schedule of
the Accountants Act 1967; or
iii. fulfils such other requirements as prescribed or approved
by Bursa Malaysia securities Berhad (Bursa Malaysia).
in the event of any vacancy in the Audit Committee resulting
in non-compliance with BursaMalaysia’s MainMarket listing
Requirements (listing Requirements) on the composition of
the Audit Committee, the Board must fill the vacancy within
three months.
The Board of Directors must review the term of office and
performance of the Audit Committee and each of itsmembers
at least once every three years to determine whether the
Audit Committee and its members have carried out their
duties in accordance with their terms of reference.
MeeTinGs AnD MinuTes
Meetings
Meetings shall be held not less than four times a year and the
Finance Director, head of internal Audit and representatives
of the external Auditors will be invited to assist the Audit
Committee. other Board members and senior Management
may attend meetings upon the invitation of the Audit
Committee. At least twice a year, the Audit Committee shall
meet with the external Auditors without any executive officer
of the Group being present. Additional meetings may be
held upon request by any Audit Committee member, the
Management, internal or external Auditors.