The Group recognises the importance of corporate social responsibility (“CSR”) as an integral part of business and strongly pursues its belief of caring for and sharing with people, business associates and the community. In this respect, the Group continues its initiative to strive for a balanced approach in achieving its business profitability and the expectation of its stakeholders and the community thereby creating value to our shareholders and enhancing the long term sustainability of the Group. Our involvement in CSR includes activities and interactions with communities, authorities, regulators, non-governmental organisations, shareholders and our workforce.

The Group continues to contribute to local charities, voluntary organisations and support numerous charitable causes, both in cash and in kind. During the financial year, RCE extended monetary contributions to Pusat Harian Kanak-Kanak Spastik to support its continuous effort to provide special education, physiotherapy and life skills to the children.

RCE continues its long term partnership with National Kidney Foundation and organised its 10th year consecutive complimentary health screening test at The Accountant General’s Department of Malaysia and The Department of Standards Malaysia in May 2016 and October 2016 respectively to inculcate the importance of “Healthy Mind, Healthy Body” while raising awareness of kidney diseases and their prevention for a better quality of life.

The Group held a Glamour (Black & Gold) themed dinner in September 2016 to thank our employees and their spouses for their continued years of service and support to the Group. RCE strongly encourages employee engagement, one of which is through Townhall gatherings, which provided a positive forum for interaction between employees and senior management.

To promote better education of the nation’s youth, RCE through Yayasan Azman Hashim, continues to extend study grants to deserving students in the hope to build future generation of exemplary young leaders who possess the ambition to excel in whatever they do. Upon completion of their studies, the talent and knowledge of these young graduates will be put to test in the Group by exposing them to the corporate world. The Group strongly believes that this will allow the next generation to continue to contribute not only to the Group but also to the country. To-date, 19 bright students have benefitted from the study grants.

Two of the post graduates of Amcorp Study Grant participated in a volunteering project where they contributed their time and services to support charitable organisations close to their heart. The charitable causes supported were Pusat Tuisyen Sayang, a non-profit organisation that focuses on providing free education to the less fortunate children of various ages and PAWS Animal Welfare Society, which provides shelter to unwanted cats and dogs fully funded by the generous donations of the public.

A great deal of effort and resources are channelled into the Group’s CSR programmes and the top management is directly involved in the Group’s CSR efforts. We look upon the giving back to society in the hope of making a difference in the many lives we touch.

This Statement on Corporate Governance is made in accordance with the resolution of the Board of Directors dated 26 May 2017.

Staff of RCE and The Department of Standards Malaysia who participated in the complimentary health screening in October 2016

Encik Shahman Azman, Chairman of RCE and Mr Soo Kim Wai, Director of RCE during the cheque presentation ceremony for the 4 new recipients of Amcorp Study Grant