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Gamuda Berhad
(29579-T)
• annual report 2014
Audit Committee Report
MEMBERSHIP
The current composition of the Audit Committee is as
follows:
1. Y Bhg Dato’ Mohammed Hussein
Chairman / Independent Non-executive Director
(Appointed with effect from 12 December 2013 replacing Y M Raja
Dato’ Seri Abdul Aziz bin Raja Salim)
2. Y Bhg Tan Sri Dato’ Seri Dr Haji Zainul Ariff
bin Haji Hussain
Member / Independent Non-executive Director
(Appointed with effect from 12 December 2013 replacing Y Bhg Tan
Sri Dato’ Mohd Ramli bin Kushairi)
3. Y M Tunku Afwida binti Tunku A.Malek
Member / Independent Non-executive Director
4. Y M Raja Dato’ Seri Abdul Aziz bin Raja Salim
Independent Non-executive Director
(Retired with effect from 5 December 2013)
5. Y Bhg Tan Sri Dato’ Mohd Ramli bin Kushairi
Independent Non-executive Director
(Retired with effect from 5 December 2013)
ATTENDANCE OF MEETINGS
During the financial year ended 31 July 2014, the Audit
Committee met four times. The meeting attendance of the
Committee members is as follows:
Name of Directors
Attendance
Y Bhg Dato’ Mohammed Hussein
3/3
Y Bhg Tan Sri Dato’ Seri Dr Haji Zainul Ariff
bin Haji Hussain
3/3
Y M Tunku Afwida binti Tunku A.Malek
4/4
Y M Raja Dato’ Seri Abdul Aziz bin Raja Salim 1/1
Y Bhg Tan Sri Dato’ Mohd Ramli bin Kushairi
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 threemembers, all of whommust beNon-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
innon-compliancewithBursaMalaysia’sMainMarket 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 its
members 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.