Approach and application
Freedom Property Fund is a listed company that is committed to effective corporate governance structures and compliance with the codes, regulations and laws that govern its environment.
The Board of Directors conducts the Company’s business with integrity, responsibility and accountability by applying appropriate corporate governance policies and practices as this is considered to be pivotal to delivering sustainable growth in the interests of all stakeholders.
On 12 June 2014, Freedom was listed on the main board of the JSE Limited (JSE). Freedom is therefore subject to the Listings Requirements of the JSE, the guidelines in the King Code and Report (King III) as well as the Companies Act 71 of 2008 (Act). Compliance with the above codes and regulations is monitored by the Board through the Audit Committee.
Given the infancy of the Company, the Board is satisfied that the Company had complied as far as possible with the provisions of King III and the Act and the corporate governance provisions of the JSE Listings Requirements. Where full compliance has not been achieved, these matters have been disclosed in this integrated report.