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MALDIVES TRANSPORT AND CONTRACTING COMPANY PLC.

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Corporate Governance

The Board of Directors establishes corporate governance principles and formulates the management guidelines of the company. The Board of Directors facilitates the management of the company by formulating policy, setting out investment plans, goals and prudent operational strategies, in addition to monitoring the performance of the company.

The Board of Directors passes the budget of the company, with a view to achieve specific targets while implementing internal control measures to ensure that the resources of the company are utilized optimally. It is also the responsibility of the Board of Directors to guide the company to make it sustainable while providing maximum benefits to the shareholders.




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Last Updated: Sunday, June 22, 2008 at 02:43, Male Time

 
 

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