Asbis flags four exceptions in governance compliance

ASBISc Enterprises PLC announced that it remains broadly aligned with the corporate governance principles of Best Practice for GPW Listed Companies 2021, while not applying four detailed provisions.

Specifically, the Cyprus-based IT distributor, primarily known as Asbis stated that it does not comply with principles 3.1, 3.3, 3.6 and 3.10, primarily relating to its internal audit function and oversight structures.

The announcement outlined that the group maintains a transparent...