Maxis Berhad
Annual Report 2015
page
66
CONCLUSION
For the financial year under review and up to the date of issuance of the financial statements, the Board is satisfied with the adequacy
and effectiveness of the Group’s system of risk management and internal control to safeguard the interest of shareholders. No material
losses, contingencies or uncertainties have arisen from any inadequacy or failure of the Group’s system of internal control that would
require separate disclosure in the Group’s Annual Report. The CEO and CFSO have provided assurance to the Board that the Group’s
risk management and internal control system, in all material aspects, is operating adequately and effectively.
REVIEW OF THE STATEMENT BY EXTERNAL AUDITORS
As required by paragraph 15.23 of the Bursa Malaysia Securities Berhad Main Market Listing Requirement, the external auditors have
reviewed this Statement on Risk Management and Internal Control. Their limited assurance review was performed in accordance
with Recommended Practice Guide (“RPG”) 5 (Revised): Guidance for Auditors on Engagements to Report on the Statement on Risk
Management and Internal Control included in the Annual Report, issued by the Malaysian Institute of Accountants. RPG 5 (Revised)
does not require the external auditors to form an opinion on the adequacy and effectiveness of the risk management and internal
control systems of the Group.
Statement on
Risk Management and Internal Control
