. (6) Review related party transactions and other transactions that may create conflicts of interest, to ensure that they comply with applicable law, are reasonable, and carried out in the best interest
own interest at the expense of a third party, e.g., bribery. The United Nations defines corruption as a complex social, political and economic phenomenon that affects all countries (UNODC, 2009
been made with ho nest belief and reasonable ground that it is for the best interest of the company; (2) decision has been made in reliance of information honestly believed to be sufficient; and (3
conflict of interests, such director must has no benefit or interest of the said nature during the period of 2 years before his appointment as a member of the audit committee. However, if board of directors
structure A REIT is not a juristic person, but a pool of assets owned by a trustee. A trustee is entrusted with powers to oversee and administer assets of the trust in interests of the unitholders, who are
under its responsibility Ensure that units offered for sale exclusively for high net worth investors are not allocated to retail investors Oversee to ensure that the trust is not becoming a private trust
. A trustee's main duties are to: oversee that the trust instrument is established in conformity with relevant laws; appoint a trust manager; prepare a trust property account in segregation from a