QL Resources Berhad (428915-X)
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(e) The Committee shall cause minutes to be duly entered in books provided for the following purpose:-
•
of all appointments of member;
•
of the names of members and invitees such as others Directors, and employees present at all meetings of
the Committee;
•
of all actions, resolutions and proceedings at all meetings of committee. Such minutes shall be signed by
the Chairman of the meeting at which the proceedings were held or by the Chairman of the next succeeding
meeting in which case the minutes shall be confirmed as correct by a member or members present at the
succeeding meeting who was or were also present at the preceding meeting. Such minutes shall be
conclusive evidence without further proof of the facts thereon stated; and
•
of all other orders.
6. QUORUM
A majority of members present must be Independent Directors and shall form the quorum of the Committee.
7. FREQUENCY OF MEETINGS
Meetings shall be held at least every quarter in a calendar year. The external auditor may request a meeting if they
consider one necessary.
Audit Committee Report
(Cont’d.)
