Annual Report 2003
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www.klse.com.my Annual Report 2003 KUALA LUMPUR STOCK EXCHANGE BERHAD (30632-P) KUALA KUALALUMPUR LUMPUR STOCK STOCK EXCHANGE EXCHANGE BERHAD BERHAD ANNUAL REPORT 2003 contents • Corporate Information 4 - 7 • KLSE Highlights 8 • Executive Chairman’s Statement 12 - 45 • Market Report 46 - 50 • KLSE Composite Index Chart for Year 2003 52 - 53 • Shareholding and Trading on KLSE 54 - 55 • KLSE Berhad Board Members 58 - 59 • Group Board Members 60 - 64 • Board of Governors 65 • LFX Committee Members 66 • KLSE Group Management 67 - 76 • KLSE Group - Company Report and Profiles 77 - 97 • Calendar of Events 98 - 102 • Financial Statements 106 - 148 • KLSE Committees 149 • MSEB Committees 150 • KLSE Monthly High, Low And Closing Indices 151 - 153 • Market Indicators 154 - 161 • New Companies Listed on KLSE and MESDAQ Market 164 - 167 • Membership Report 168 - 171 • KLSE Members 172 - 177 3 1 KUALA LUMPUR STOCK EXCHANGE BERHAD ANNUAL REPORT 2003 From One Journey To Another The Stock Exchange of Kuala Lumpur Stock Kuala Lumpur Stock Malaysia in Bangkok Exchange in Damansara Exchange in Exchange Bank building, 1967 Heights, 1973 Square, Damansara Heights, 1987 Kuala Lumpur Stock Exchange in Exchange Square, Bukit Kewangan, 1997 2 3 KUALA LUMPUR STOCK EXCHANGE BERHAD ANNUAL REPORT 2003 Corporate Information KUALA LUMPUR STOCK MALAYSIA SECURITIES MALAYSIA DERIVATIVES LABUAN INTERNATIONAL SECURITIES CLEARING MALAYSIAN DERIVATIVES EXCHANGE BERHAD (KLSE) EXCHANGE BERHAD (MSEB) EXCHANGE BERHAD (MDEX) FINANCIAL EXCHANGE INC. (LFX) AUTOMATED NETWORK SERVICES CLEARING HOUSE BHD (MDCH) (Company No. 30632-P) (Company No. 635998-W) (Company No. 261937-H) (Company No. LL02032) SDN. BHD. (SCANS) (Company No. 358677-D) (Company No. 109716-D) Board of Directors Board of Directors Board of Directors Board of Directors Dato’ Mohammed Azlan Hashim Board of Directors Dato' Mohammed Azlan Hashim Dato' Mohammed Azlan Hashim Abdul Jabbar Abdul Majid Board of Directors Yusli Mohamed Yusoff (Chairman) (Executive Chairman) (Chairman) (Executive Chairman) (Chairman) Yusli Mohamed Yusoff Dato’ Mohammed Azlan Hashim Md. Nor Ahmad (resigned w.e.f. Yusli Mohamed Yusoff Datuk Mohaiyani Shamsudin Yusli Mohamed Yusoff (Executive Chairman) 5 January 2004) (Chief Executive Officer) Yusli Mohamed Yusoff Dato’ Mohammed Azlan Hashim Dato’ Ahmad Johan Raslan Dato’ Dr. Awang Adek Hussin Datuk Mohaiyani Shamsudin Mohd Ridzal Mohd Sheriff Datuk Mohaiyani Shamsudin Peter Leong Tuck Leng Dato’ Seri Hwang Sing Lue Yusli Mohamed Yusoff (Chief Executive Officer) (Deputy Chairman) Abdul Kadir Hj. Md. Kassim YAM Tunku Dato' Seri Abdul Kadir Hj. Md. Kassim Peter Leong Tuck Leng Tan Kim Leong, JP Alvin Kwan Wing Yew Tan Kim Leong, JP Tan Kim Leong, JP Nadzaruddin Tuanku Ja'afar Abdul Kadir Hj. Md. Kassim Ahmad Hizzad Baharuddin Abdul Kadir Hj. Md. Kassim Alvin Kwan Wing Yew Datin Mariam Prudence Yusof Company Secretary Dato’ Seri Hj. Megat Najmuddin Laren Tan Kian Seng Abdul Jabbar Abdul Majid Md. Nor Ahmad Encik Md. Nor Ahmad Azman Shah Md. Yaman Datuk Seri Dr Hj. Megat Khas (resigned w.e.f. 5 January 2004) Peter Leong Tuck Leng Mohd Zain Omar Dato’ Noorazman Abd Aziz Dr Zaha Rina Zahari Abdul Jabbar Abdul Majid Ng Chin Leng Datin Mariam Prudence Yusof Auditors Wong Fook Wah Peter Leong Tuck Leng (resigned w.e.f. 5 January 2004) Abdul Rauf Ramli Messrs. Ernst & Young Alternate Director Datin Mariam Prudence Yusof Noripah Kamso Tax Consultants Khairussaleh Ramli (alternate to Resident Company Secretary Abdul Rauf Ramli Raghbir Singh Bhart Chief Operating Officer Messrs. Ernst & Young Dato' Mohammed Azlan Hashim & Azizan Mohd Som Dato’ Noorazman Abd Aziz (resigned w.e.f. 5 January 2004) Steven Lai Choon Lim Dato’ Noorazman Abd Aziz Md Nor Ahmad) Joint Company Secretary Bankers Company Secretary (resigned w.e.f. 5 January 2004) Azman Shah Md Yaman Chief Regulatory Officer Malayan Banking Berhad Company Secretary Azman Shah Md. Yaman Dr Zaha Rina Zahari Md. Nor Ahmad Azman Shah Md Yaman Registered Office Exchange Committee Members Khairussaleh Ramli Company Secretary Malaysia Securities Exchange Berhad Joint Company Secretary Dato’ Dr. Awang Adek Hussin Joint Company Secretary (resigned w.e.f. 5 January 2004) Azman Shah Md. Yaman 6th Floor, Exchange Square Yong Hazadurah Md Hashim (Chairman) Yong Hazadurah Md. Hashim Dato’ Noorazman Abd Aziz Bukit Kewangan Abdul Kadir Hj. Md. Kassim Joint Company Secretary Auditors 50200 Kuala Lumpur Abdul Jabbar Abdul Majid Auditors Company Secretary Yong Hazadurah Md Hashim Messrs. Ernst & Young Tel: 03-20267099 Mohd Nasir Ali Messrs. Ernst & Young Azman Shah Md Yaman Auditors Fax: 03-20263684 Tax Consultants Prof. Madya Dr. Mohd Daud Bakar Messrs. Ernst & Young Messrs. Ernst & Young Md. Nor Ahmad Tax Consultants Joint Company Secretary Vaseehar Hassan Abdul Razack Messrs. Ernst & Young Yong Hazadurah Md. Hashim Tax Consultants Bankers Raymond Wong Messrs. Ernst & Young Bumiputra-Commerce Bank Berhad Jeremy C. Camps Bankers Auditors Malayan Banking Berhad Bankers Louise Paul Malayan Banking Berhad PricewaterhouseCoopers RHB Bank Berhad Alliance Bank Berhad Bumiputra-Commerce Bank Berhad Auditors Hong Leong Bank Berhad Southern Bank Berhad Tax Consultants HSBC Bank Malaysia Berhad Messrs. Ernst & Young Malayan Banking Berhad Registered Office Standard Chartered Bank (M) Berhad PricewaterhouseCoopers Southern Bank Berhad Malaysia Derivatives Exchange Berhad Bankers 10th Floor, Exchange Square Citibank Berhad Registered Office Bankers Registered Office Bukit Kewangan Citibank Malaysia (L) Ltd. Securities Clearing Automated Network Malayan Banking Berhad Kuala Lumpur Stock Exchange Berhad 50200 Kuala Lumpur Malayan Banking Berhad Services Sdn. Bhd. Citibank Berhad 6th Floor, Exchange Square Tel: 03-20267099 Maybank International (L) Ltd. 6th Floor, Exchange Square RHB Bank Berhad Bukit Kewangan Bukit Kewangan ABN Amro Berhad Fax: 03-20263684 Registered Office 50200 Kuala Lumpur 50200 Kuala Lumpur HSBC Bank Malaysia Berhad Labuan International Financial Tel: 03-20267099 Tel: 03-20267099 Exchange Inc. Fax: 03-20263684 Fax: 03-20263684 Registered Office Unit Level 7(B), Main Office Tower Malaysian Derivatives Clearing Financial Park Labuan, Jalan Merdeka House Bhd 87000 Labuan Federal Territory, Malaysia 6th Floor, Exchange Square Tel: 087-451359 Fax: 087-451379 Bukit Kewangan Resident Company Secretary’s Office 50200 Kuala Lumpur ZI Labuan Trust Company Sdn Bhd Tel: 03-20267099 Unit Level 13(E), Main Office Tower Fax: 03-20263684 Financial Park Labuan, Jalan Merdeka 87000 Labuan Federal Territory, Malaysia Tel: 087-451688 Fax: 087-453688 4 5 KUALA LUMPUR STOCK EXCHANGE BERHAD ANNUAL REPORT 2003 Corporate Information KLOFFE INFORMATION SYSTEMS YAYASAN BSKL (YBSKL) KLSE PROPERTY MANAGEMENT (Company No. 464552-M) MALAYSIAN CENTRAL DEPOSITORY Company Secretary Bankers SDN. BHD. (KPM) SDN. BHD. (KLOFFE INFO) (Company No. 319465 T) SDN. BHD. (MCD) Azman Shah Md Yaman Malayan Banking Berhad (Company No. 147792-H) Board of Governors: (Company No. 165570-W) Bank Utama (M) Berhad Dato’ Mohammed Azlan Hashim Board of Directors Board of Directors Joint Company Secretary (Chairman) Board of Directors Dato’ Mohammed Azlan Hashim Md Nor Ahmad Yong Hazadurah Md. Hashim Registered Office Abdul Kadir Hj. Md. Kassim Dato’ Mohammed Azlan Hashim (Chairman) (Resigned w.e.f. 5 January 2004) KLSE Technology Sdn Bhd Datuk Hj. Abdul Karim Haron (Executive Chairman) Yusli Mohamed Yusoff Yusli Mohamed Yusoff Auditors 6th Floor, Exchange Square Dato’ N. Sadasivan A/L N. N. Pillay Yusli Mohamed Yusoff Tan Kim Leong, JP Ungku A. Razak Ungku A. Rahman Messrs. Ernst & Young Bukit Kewangan Dato’ Che Mohd Annuar Abdul Rauf Ramli Md. Nor Ahmad 50200 Kuala Lumpur Che Mohd Senawi Datuk Amirsham A. Aziz Abdul Razak Mohd Amin Company Secretary Tax Consultants Tel: 03-20267099 Tan Sri Dato’ Dr. Abdullah Sanusi Ahmad Subri Abdullah Azman Shah Md Yaman Messrs. Ernst & Young Fax: 03-20263684 Hj. Ahmad Chan Guan Seng Company Secretary (Ceased w.e.f. 29 December 2003) Tan Kim Leong, JP Azman Shah Md Yaman Joint Company Secretary Bankers Dato’ Mohd Salleh Abdul Majid Datuk Azlan Mohd Zainol Yong Hazadurah Md Hashim Malayan Banking Berhad (Resigned w.e.f. 1 May 2003) Dato’ Noorazman Abd Aziz KLSE TRAINING SDN BHD Joint Company Secretary Othman Abdullah Formerly known as I-MESDAQ Sdn Bhd Yong Hazadurah Md. Hashim Auditors Registered Office Abdul Razak Mohd Amin Company Secretary KLSE Information Services Sdn Bhd (Company No. 520353 U) Messrs. Ernst & Young Azman Shah Md. Yaman 6th Floor, Exchange Square Auditors Board of Directors Company Secretary Bukit Kewangan Messrs. Ernst & Young Tax Consultants Dato’ Mohammed Azlan Hashim Azman Shah Md Yaman Joint Company Secretary 50200 Kuala Lumpur Messrs. Ernst & Young Yong Hazadurah Md. Hashim (Chairman) Tax Consultants Tel: 03-20267099 Joint Company Secretary Datuk Mohaiyani Shamsudin Messrs. Ernst & Young Bankers Fax: 03-20263684 Yong Hazadurah Md. Hashim Auditors Yusli Mohamed Yusoff Nil Messrs. Ernst & Young Tan Kim Leong, JP Bankers Auditors Datin Mariam Prudence Yusof Malayan Banking Berhad Registered Office Messrs. Ernst & Young Tax Consultants KLSE TECHNOLOGY SDN BHD Ahmad Tajuddin Abdul Carrim KLOFFE Information Systems Messrs. Ernst & Young (Company No. 213411-K) Md Nor Ahmad Registered Office Sdn. Bhd. Bankers (Resigned w.e.f. 31 December 2003) KLSE Property Management Sdn. Bhd. 6th Floor, Exchange Square Malayan Banking Berhad Bankers Board of Directors Abdul Hamid Sh. Mohamed 6th Floor, Exchange Square Bukit Kewangan, Bumiputra-Commerce Bank Berhad