The board and management of Spur Corporation are committed to ensuring that formal corporate governance structures and procedures are in place and implemented to maintain ethical and balanced decision-making practices that consider the interests of all stakeholders. These structures and procedures are implemented in a way that supports the entrepreneurial characteristics that remain fundamental to the success of the group.
The board has considered the group’s application of King III and is of the opinion that Spur Corporation is attaining the fundamental objectives and spirit of King III. From a King III compliance perspective, the board’s only concern remains certain gaps in IT practices.
The full Governance report is segmented below for your viewing convenience.