The appointment of board of directors is done to act on shareholders’ behalf to operate the regular affairs of the company. The board are accountable in a direct manner to the shareholders and the AGM (Annual General Meeting) will be held by company at which a report must be provided by the directors to the shareholders on the company’s performance. The chief purpose of the board of directors is to makes sure the prosperity of the company by directing the affairs of the company in a collective manner while fulfilling the appropriate interests of their stakeholders and shareholders.