Corporate Governance
Basil Read endorses the value of good corporate governance and standards as recommended in the Code of Corporate Practices and Conduct in King II, as well as the Listings Requirements of the JSE Limited. Corporate governance remains a permanent item on the board’s agenda, and the board believes the group complies with JSE requirements.
The group’s corporate philosophy is consistent with the principles of King II in that:
- The roles of the Chairman and Chief Executive Officer are separate
- An independent Non-Executive Director is elected as Chairman; and
- The remuneration and audit/risk committees are chaired by Independent Non-Executive Directors who act independently.
The group is currently formalising a detailed plan to ensure compliance with King III and the new Companies Act. An implementation team, led by the Financial Director and monitored by the audit/risk committee, will manage the process to ensure a seamless transition in complying with the new legislation.
Basil Read Group PAIA Manual (full)
Basil Read Group PAIA Manual
Basil Read Group PAIA Manual – Request Application
Basil Read Group PAIA Manual – Fees