About SAB Lounge
Governance
We are committed to the principles of good corporate governance which emphasize transparency, accountability and independence, and believe this contributes to long-term success.
Our Board of Directors and management team are committed to principles of good corporate governance which are consistent with prudent management. These principles emphasize transparency, accountability and independence. Risks are inherent in our business and the markets in which we operate. We recognize that risk management is the responsibility of all of our people as an integral part of our day-to-day business process.
Our risk management and internal control system is designed to manage the risk of failure to achieve our corporate objectives and provides reasonable, but not absolute assurance against material misstatement, loss or fraud, and to achieve long-term business success.
The Board is responsible for maintaining a solid and effective system of risk management and internal controls at SAB Lounge and for reviewing its effectiveness and adequacy of necessary policies and procedures, helping us achieve high standards of corporate governance.