Investor Relations
Corporate Governance
Governance Statement
LAC Med's governance framework is built on the principles of integrity, transparency, and risk-conscious leadership. Our Board of Directors provides effective oversight and strategic guidance, supported by dedicated Board committees and a comprehensive internal control system.
We have implemented governance enhancements to strengthen board independence, formalize key policies, and ensure regulatory compliance. This includes a Board Charter, terms of reference for all committees, a whistleblowing policy, and a code of conduct—all of which are publicly accessible and reviewed regularly.
We are committed to maintaining a governance culture that supports sustainable growth, protects shareholder interests, and upholds our responsibilities to stakeholders, partners, and regulators.
Board Committees
Each committee has clearly defined responsibilities and operates independently with appropriate authority. All committees are chaired by Independent Non-Executive Directors.
Audit & Risk Management Committee
Independent Non-Executive Director
Key Responsibilities:
- Oversees financial reporting integrity and accuracy
- Reviews internal controls and audit processes
- Manages enterprise risk strategy and framework
- Oversees ESG and compliance risk management
- Ensures regulatory compliance and reporting
Nomination & Remuneration Committee
Independent Non-Executive Director
Key Responsibilities:
- Reviews board composition and structure
- Manages director selection and evaluation processes
- Determines remuneration policies and frameworks
- Sets compensation packages for directors and executives
- Ensures succession planning for key positions
Key Policies and Documents
Our governance policies and procedures are documented and regularly reviewed to ensure compliance with regulatory requirements and best practices.
Board Charter
Defines the Board's roles, responsibilities, and governance framework
Terms of Reference of Audit and Risk Management Committee
Outlines the committee's responsibilities for financial oversight and risk management
Terms of Reference of Nomination and Remuneration Committee
Details the committee's role in board composition and executive compensation
Directors' Fit and Proper Policy
Establishes criteria and assessment procedures for director appointments
Anti-Bribery and Anti-Corruption Policy
Comprehensive framework to prevent bribery and corruption in all business activities
Whistle Blowing Policy
Provides secure channels for reporting misconduct and protecting whistleblowers
Code of Conduct and Ethics
Establishes ethical standards and behavioral expectations for all stakeholders
Shareholders & Stakeholder Communication Policy
Framework for transparent and effective stakeholder communication
Investor Relation Policy
Guidelines for investor engagement and information disclosure