97 / 204
Fima CORPORATION Berhad
(197401004110) (21185-P) •
Annual Report 2020
95
Statement of Directors’
Responsibilities in Relation to the
Audited Financial Statements
The Directors are required by the Companies Act, 2016 to prepare financial statements for each financial year which give a true and fair view
of the state of affairs of the Company and the Group as at the end of the financial year and of the result of the Company and the Group for
the year then ended.
In preparing the financial statements, the Directors have consistently applied appropriate accounting policies supported by reasonable
and prudent judgements, estimates and complied with all applicable accounting standards.
The Directors have responsibility for ensuring that the Company and the Group keeps accounting records which disclose with reasonable
accuracy the financial position of the Company and the Group and which enable them to ensure that the financial statements comply with
the Companies Act, 2016.
The Directors have general responsibility for taking such steps as are reasonably open to them to safeguard the assets of the Company and
the Group and to prevent and detect fraud and others irregularities.
This Statement is made in accordance with the resolution of the Board dated 23 July 2020.