The role of the Nominating Committee is to recommend candidates with an optimal mix of qualifications, skills, expertise and experience to the Board for all directorships of the Company and to ensure that the Company recruits and retains the best available executive and non-executive directors. The final decision on the appointment of any directors of the Company shall be determined by the Board.
The Nominating Committee shall comprise exclusively of non-executive directors and a majority of whom shall be independent. The performance assessment of the Nominating Committee should be carried out by the Board, benchmarking the activities it carries out against its terms of reference as approved by the Board.
Two (2) members of the Nominating Committee shall constitute a quorum.
The Nominating Committee should meet at least once a year to carry out the activities as enshrined in its terms of reference, or more frequently when the need arises.
A resolution in writing signed or approved by letter, telegram, telex or telefax by all the Committee Members whether within or outside Malaysia and who are sufficient to form a quorum, shall be as valid and effectual as if it had been passed at a meeting of the Nominating Committee duly convened, held and constituted. Any such resolution may consist of several documents in like form, each signed by one or more Committee Members.
The Committee shall:-