The Board of Directors (“Board”) is primarily responsible for ensuring that Freight Management Holdings Bhd (“Freight” or “the Company”) and its subsidiaries (the “Group”) has the following principles of good corporate governance practices in all its business dealing in respect of its shareholders and relevant stakeholders to ensure the creation and protection of shareholders’ value:
- The Board is the focal point of the Group’s corporate governance system. It is ultimately accountable and responsible for the performance and affairs of the Group.
- All Board members are expected to act in a professional manner, thereby upholding the core values of integrity and enterprise with due regard to their fiduciary duties and responsibilities.
- All Board members are responsible in ensuring the Group achieves a high level of good governance.
- This Board Charter shall constitute, and form, an integral part of each Director’s duties and responsibilities.