M Realty uses a risk management approach with sufficient flexibility to ensure it is able to adapt to the changing needs of the business. It is the firm belief of Management that a robust risk strategy, astound risk identification and evaluation process, and stringent risk reporting provide a solid framework for effectively managing M Realty’s business risks.
M Realty HAS A FRAMEWORK TO MANAGE BUSINESS RISK.
A risk maybe defined as any uncertain future situation or event, which could influence the achievement of M Realty’s objectives or realization of opportunities, including strategic,operation, financial and compliance objectives.
Risk management for the company is managed by a designated corporate Risk Manager who works closely with the Executive team.
CORPORATE RISK MANAGEMENT IS DESIGNED TO:
Minimise unexpected financial and operational results;
Improve individual accountability and give greater transparency to decisionmaking;
Exploit business opportunities quickly with full appreciation of risks involved.