The Board of Directors of Shell Refining Company (Federation of Malaya) Berhad is committed to ensuring that the highest standards of corporate governance are implemented and maintained throughout the Company. The Board supports the principles laid out in the Malaysian Code on Corporate Governance. These principles and practices, supported by existing internal controls processes, are regularly audited and reviewed, to ensure transparency and accountability. Royal Dutch Petroleum company, as the Company's ultimate holding company, has developed a governance guide, series of policies and management systems that are designed to support a strong system of corporate governance. The Shell General Business Principles (SGBP), which has been adopted by the Board, spells out clearly the key business principles that govern the way the Company conducts its business.
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