CONCLUSION ON THE ASSESSMENT OF THE CORPORATE
GOVERNANCE SYSTEM OF JSC «TOSHKENT MEXANIKA ZAVODI»
In order to fulfill the recommendations of the Corporate Governance Code, based on the decision of the Supervisory Council of JSC «TOSHKENT MEXANIKA ZAVODI», the Company carried out an independent evaluation of corporate governance.
SILK CAPITAL LLC carried out an independent evaluation of the Company’s corporate governance system for 2018.
According to the results of the study of the corporate governance system of JSC "TOSHKENT MEXANIKA ZAVODI", an opinion was given, according to which the Company received a "satisfactory" rating - (161 points or 13% according to the percentage scale). Also, the relevant recommendations were given to improve the corporate governance system in JSC "TOSHKENT MEXANIKA ZAVODI"
It should be noted that an independent evaluation of the corporate governance system is based on a questionnaire approved the State Competition Committee Republic of Uzbekistan and the Scientific-Educational Center of Corporate Governance.
As a result of the evaluation of the effectiveness of recognized:
■unsatisfactory - if the total value was obtained scores below minus 600
■low - if the total value was obtained scores less than 0, but not below minus 600 points;
■satisfactory - if the total value was obtained scores lower than 600, but not less than 0 points;
■high - if the total value was obtained scores of 600 points or higher.
ОТВЕТСТВЕННОСТЬ ЗА ДОСТОВЕРНОСТЬ И ПОЛНОТУ ИНФОРМАЦИИ ОПУБЛИКОВАННОЙ ЭМИТЕНТАМИ НА ПОРТАЛЕ НЕСУТ САМИ ЭМИТЕНТЫ