| Corporate Governance |
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The directors of Straits believe that effective corporate governance improves company performance, enhances corporate social responsibility and benefits all stakeholders. Accordingly, the Board has established a number of practices and policies to ensure that these intentions are met and that all shareholders are fully informed about the affairs of the company. ASX Best Practice Principles and GuidelinesStraits are also undertaking a review of its corporate governance systems in light of the ASX's Best Practice Principles and Guidelines. A statement outlining the company's compliance with the best practice principles is published in each year's Annual Report. To date the following policies and statements about the company's governance practices and systems have been adopted by the Straits board.
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