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Interim Report
MANULIFE INVESTMENT -CM FLEXI FUND CONTENTS PAGE 1 General Information 1 2 Manager’s Report 3 3 Policy On Stockbroking Rebates And So Commissions 9 4 Statement By The Manager 10 5 Trustee’s Report 11 6 Statement Of Comprehensive Income 12 7 Statement Of Financial Position 13 8 Statement Of Changes In Equity 14 9 Statement Of Cash Flows 15 10 Summary Of Signicant Accounting Policies 16 11 Notes To The Financial Statements 21 12 Corporate Information 36 MANULIFE INVESTMENT -CM FLEXI FUND 1 GENERAL INFORMATION 1.1 THE TRUST The Fund commenced operations on 23 January 2007 and will continue its operations until terminated as provided under Clause 48.2 of the Deed. 1.2 FUND TYPE / CATEGORY Growth / Mixed Assets 1.3 BASE CURRENCY Ringgit Malaysia (RM) 1.4 OBJECTIVE OF THE FUND The Fund seeks to provide Unit Holders with long-term capital appreciation. Note: Any material change to the Fund’s investment objective would require Unit Holders’ approval. 1.5 DISTRIBUTION POLICY Income distribution (if any) is incidental. 1.6 PERFORMANCE BENCHMARK 50% FTSE Bursa Malaysia Top 100 Index (FBM100) + 50% CIMB 12-month xed deposit (FD) rate. Note: The composite benchmark provides a balanced gauge on the asset allocation of the Fund which can invest up to 98% of its net asset value (NAV) in equities and/or equity-related instruments or xed income instruments. The composite benchmark is only used as a reference for performance gauge purpose. The risk prole of the Fund is not the same as the risk prole of this benchmark. -
HSBC in the South East Asian Oil Palm Sector
HSBC and the Palm Oil Sector in South East Asia: towards accountability Forest Peoples Programme with Profundo Forest Peoples Programme November 2008 HSBC and the Palm Oil Sector in South East Asia: towards accountability Forest Peoples Programme with Profundo This document has been elaborated as part of a long term commitment by the Forest Peoples Programme to promote the observation of human rights and accountability in the palm oil sector. Previous studies on this theme include: Marcus Colchester, Norman Jiwan, Andiko, Martua Sirait, Asep Yunan Firdaus, A. Surambo and Herbert Pane, Promised Land: Palm Oil and Land Acquisition in Indonesia – Implications for Local Communities and Indigenous Peoples. Forest Peoples Programme, Sawit Watch, HuMA and ICRAF, Bogor, 2006 (also available in Bahasa Indonesia). Marcus Colchester and Norman Jiwan, Ghosts on our own land: oil palm smallholders in Indonesia and the Roundtable on Sustainable Palm Oil. Forest Peoples Programme and SawitWatch, Bogor, 2006 (also available in Bahasa Indonesia). H Marcus Colchester, Wee Aik Pang, Wong Meng Chuo and Thomas Jalong, Land is Life: Land Rights and Palm Oil Development in Sarawak. Forest Peoples Programme and SawitWatch, Bogor, 2007 (also available in Bahasa Melayu). We are grateful to the CS Mott Fundation, the Moriah Fund and the Ford Foundation for supporting the research which led to this publication. All documents are available on FPP’s website: www.forestpeoples.org Forest Peoples Programme Forest Peoples Programme Profundo 1c Fosseway Business Centre Van Duurenlaan 9 Stratford Road, 1901 KX Castricum Moreton-in-Marsh GL59 9NQ, England The Netherlands tel: +44 (0)1608 652893 tel: +31-251-658385 fax: +44 (0)1608 652878 fax: +31-251-658386 email: [email protected] e-mail: [email protected] website: www.forestpeoples.org website: www.profundo.nl Forest Peoples Programme, November 2008 The Forest Peoples Programme is a company limited by guarantee (England & Wales). -
Interim Report
MANULIFE INVESTMENT SYARIAH INDEX FUND CONTENTS PAGE 1 General Information 1 2 Manager’s Report 3 3 Policy On Stockbroking Rebates And So Commissions 9 4 Statement By The Manager 10 5 Trustee’s Report 11 6 Shariah Adviser’s Report 12 7 Statement Of Comprehensive Income 13 8 Statement Of Financial Position 14 9 Statement Of Changes In Equity 15 10 Statement Of Cash Flows 16 11 Summary Of Signicant Accounting Policies 17 12 Notes To The Financial Statements 22 13 Corporate Information 38 MANULIFE INVESTMENT SYARIAH INDEX FUND 1 GENERAL INFORMATION 1.1 THE TRUST The Fund commenced operations on 4 January 2002 and will continue its operations until terminated as provided under Clause 12 of the Deed. 1.2 FUND TYPE / CATEGORY Index Tracking / Equity Index (Islamic) 1.3 BASE CURRENCY Ringgit Malaysia (RM) 1.4 OBJECTIVE OF THE FUND The Fund is an Islamic equity index-tracking fund. Its primary investment objective is to track the performance of the FTSE Bursa Malaysia Emas Shariah Index (FBMSHA). The Fund also aims to generate annual distribution. Note: Any material change to the Fund’s investment objective would require Unit Holders’ approval. 1.5 DISTRIBUTION POLICY Income distribution (if any) is annually. 1.6 PERFORMANCE BENCHMARK The performance of the Fund is measured against the FTSE Bursa Malaysia EMAS Shariah Index (FBMSHA) (obtainable via Bursa Malaysia’s website: www.bursamalaysia.com). 1.7 CHARACTERISTIC AND GENERAL COMPOSITION OF THE FBMSHA The FBMSHA comprises constituents of the FTSE Bursa Malaysia EMAS Index (FBMEMAS) that are Shariah-compliant according to the Securities Commission's SAC (Shariah Advisory Council) screening methodology and FTSE’s screens of free oat, liquidity and inevitability. -
ENRA Group Berhad Annual Report 2018
MOVING FORWARD ON A STRONG FOUNDATION ANNUAL REPORT 2018 COVER RATIONALE The runner on an uphill slope captures our commitment, persistence and perseverance to accelerate growth and succeed in a challenging environment. VISION Through shared values, innovation and technology, ENRA will enable its people to create sustainable enterprise value in a manner that is responsible to its stakeholders, community and environment. SHARED VALUES Ethical To make decisions that promote goodness and avoid harm Noble To behave in a manner that is respectful to others Reliable To keep and deliver promises that have been made Accountable To take ownership of all outcomes and never passing blame WHAT’S INSIDE 03 Corporate Information CHAIRMAN’S 04 Corporate Structure MESSAGE 05 Five-Year Financial Highlights 06 Chairman’s Message 07 Board of Directors’ Profile 06 15 Key Senior Management Profile 18 Management Discussion and Analysis 25 Corporate Governance Overview Statement 30 Sustainability Statement MANAGEMENT 34 Audit and Risk Management Committee Report DISCUSSION 37 Statement on Risk Management and AND ANALYSIS Internal Control 43 Additional Compliance Information 18 44 Directors’ Responsibility Statement 45 Financial Statements 135 Properties owned by ENRA Group 136 Analysis of Shareholdings FINANCIAL 139 Notice of Annual General Meeting 143 Statement accompanying Notice of STATEMENTS 26th Annual General Meeting Form of Proxy 45 ANNUAL The Twenty-Sixth (26th) Annual General Meeting of ENRA Group Berhad will be held at Dewan Berjaya, Bukit GENERAL Kiara Equestrian & Country Resort, Jalan Bukit Kiara, Off MEETING Jalan Damansara, 60000 Kuala Lumpur on Thursday, 13 September 2018 at 10:00 a.m. 3 CORPORATE INFORMATION BOARD OF DIRECTORS COMPANY SECRETARY Datuk Ali bin Abdul Kadir Cheong Lisa Independent Non-Executive Chairman MAICSA 7009457 Tan Sri Dato’ Kamaluddin bin Abdullah Executive Deputy Chairman SHARE REGISTRAR Dato’ Mazlin bin Md Junid Bina Management (M) Sdn. -
Annual Report 2012 3
Sime Darby Berhad l Annual Report 2012 3 Cover Rationale The world was a different place in 1910 when the pioneering spirit of an Englishman and two Scotsmen led to the founding of Sime Darby. In Malacca, they planted the seeds of what is today a diversified multinational with operations in more than 20 countries, employing more than 100,000 people. Over the years, we have reaped the benefits the good times have brought and we have persevered through the tough ones. We have emerged stronger across our core businesses, seizing opportunities as they come our way. The world today may present challenges that some see as hurdles but for us it remains a world of infinite possibilities. 4 Sime Darby Berhad l Annual Report 2012 ABOUT SIME DARBY Sime Darby is a Malaysia-based diversified multinational involved in key growth sectors, namely, plantation, property, motors, industrial equipment, energy & utilities and healthcare. Founded in 1910, its business divisions seek to create positive benefits in the The economy, environment and society where it has a presence. Sime Darby Sime Darby is committed to building a sustainable future for all its Universe stakeholders. It is one of the largest companies on Bursa Malaysia with a market capitalisation of RM59.4 billion (USD18.6 billion) as at 30 June 2012. www.simedarby.com Sime Darby Berhad l Annual Report 2012 5 6 Divisions More than More than 100,000 20 Countries employees 6 Sime Darby Berhad l Annual Report 2012 OUR VISION, MISSION AND VALUES Vision Our Values To be a leading multinational Integrity -
Mirror, Mirror on the Wall Who's the Richest of Them All? (NST 01/01
01/01/2001 Mirror, Mirror on the wall who's the richest of them all? M Shanmugam OTHER THAN companies linked to government agencies, cash-rich Malaysian entities consist of mainly family-run companies. It can be difficult estimating how cash-rich a company is. Our list provides both cash balances - which includes liquid assets - and short- term liabilities. To come out with a fair assessment, all companies that have interests in financial institutions have been omitted. Similarly, companies with strong cash positions but equally large short-term borrowings have also been left out. The YTL Group, founded by the Yeoh family, heads the list of companies with the most cash in its kitty. YTL Corporation Bhd, its flagship, has RM3.7 billion in cash and bank deposits as of financial year ended June 2000. The bulk of the cash in the YTL Group comes from its subsidiary, YTL Power International Bhd. YTL Power, one of the leading independent power producers (IPPs) in the country, is sitting on a cash balance of RM3.1 billion and has short-term loans amounting to RM125.5 million. Tan Sri Francis Yeoh, the managing director and son of founder Tan Sri Yeoh Tiong Lay, has added a new dimension to what started off as a construction company. Armed with a war chest of cash resources, the younger Yeoh is staking a claim on the nation's energy supply industry. In its bid to increase power generation capacity, YTL Power is bidding for Tenaga Nasional Bhd's (TNB's) 40 per cent stake in its Pasir Gudang power plant. -
Ac 2021 61.Pdf
Accounting 7 (2021) 1033–1048 Contents lists available at GrowingScience Accounting homepage: www.GrowingScience.com/ac/ac.html Can investors benefit from corporate social responsibility and portfolio model during the Covid19 pandemic? Ternence T. J. Tana* and Baliira Kalyebarab aFaculty of Business, Economics and Social Development, University of Malaysia Terengganu, Kuala Nerus, Terengganu, Malaysia bDepartment of Accounting and Finance, School of Business, American University of Ras Al Khaimah, United Arab Emirates C H R O N I C L E A B S T R A C T Article history: Since late 2019 and throughout 2020, the global economy has been experiencing difficult times due Received: November 15, 2020 to the outbreak of the lethal Coronavirus (COVID-19). This study looks at the financial impact of Received in revised format: this epidemic on the global economy using Malaysian market index i.e., FTSE Bursa Malaysia KLCI January 28 2021 before and during COVID-19. Measuring the financial impact of this epidemic on the Malaysia Accepted: March 2, 2021 Available online: economy may help policy makers to develop measures to avert similar financial catastrophic impacts March 2, 2021 on the global economy. The study uses Sharpe optimal and naïve diversification model to solve a scenario that factors in the level of corporate social responsibility (CSR) exhibited before and during Keywords: Corporate Social Responsibility the epidemic to measure the financial impact on the stock portfolio. The results show that the Naïve Diversification emergence of COVID-19exacerbated the already weak Malaysian economy. Our findings may help Optimal Portfolio the policy makers in Malaysia to develop and maintain techniques and policies that may mitigate the Sharpe Ratio negative financial impact and handle similar epidemics in the future. -
The Economic Cost of Political TURBULENCE P.6-8
Harith Petronas MARCH 2020 PP19507/11/2019 (035148) Iskander 03 reveals the to pay serious RM24 bil in OF business dividends behind to govt comedy. P. 4 ous ri d Read about it e se hin th s be ls nes edy vea usi m in PURSUIT re b co 03 PP 19339/05/2018(034908) 9 772289 234001 www.focusmalaysia.my MONTHLY MARCH 2020 MALAYSIA RM8 | ISSUE 03 The high Focus List Why is a Why a cost of richest PDP for shadow ‘iconic’ women in RM46 bil economy pylons Malaysia PTMP okay? matters P.15 P.18&20 P.46 P.59 The economic cost of political TURBULENCE P.6-8 Project U_Focus Malaysia March.pdf 1 21/02/2020 3:32 PM Your New Astro Experience Introducing Ultra Box Truly Yours, Truly U. Link to your free Astro GO to enjoy: 4K New Home Discover 4K UHD Cloud Play From Search Multi-Screen Stop Here, Screen VOD Recording Start Continue There Find out more at www.astro.com.my/ultra 2 contents FocusM | March 2020 10 Prolonged political tumult will take its toll on the markets P.6-8 26 Mainstream 37 Tax expert: Make it a law to pay interest on GST refunds 4 Petronas’ FY19 net profit down 27% to RM40.5 bil 38 A broad-based stimulus package may be needed 10 Pharmaniaga expects to return to the black in FY20 38 GreyMatters: Should EPF rate be cut to stimulate the economy? 12 Nathan’s related party transaction in Eversendai raises questions 39 Lifting the Fog: The race towards infrastructural sustainability 14 TA Enterprise’s offer for TA Global deemed too low 40 AirAsia-Airbus deals in spotlight amid RM205 mil 15 Up to RM200 mil more for Guan Eng’s ‘iconic’ pylons bribe -
Shaping a Connected Future
ISSN 1823 - 3724 Shaping a Connected Future Industry Performance Report 2012 MCMC Publication Web Version 1 IPR 2012 Shaping a Connected Future Malaysian Communications and Multimedia Commission (MCMC), 2013 The information or material in this publication is protected under copyright and save where otherwise stated, may be reproduced for non commercial use provided it is reproduced accurately and not used in a misleading context. Where any material is reproduced, MCMC as the source of the material must be identified and the copyright status acknowledged. The permission to reproduce does not extend to any information or material the copyright of which belongs to any other person, organisation or third party. Authorisation or permission to reproduce such information or material must be obtained from the copyright holders concerned. This work is based on sources believed to be reliable, but MCMC does not warrant the accuracy or completeness of any information for any purpose and cannot accept responsibility for any error or omission. Published by: Malaysian Communications and Multimedia Commission Off Persiaran Multimedia 63000 Cyberjaya, Selangor Darul Ehsan T: +60 3 86 88 80 00 F: +60 3 86 88 10 06 Toll Free: 1- 800-888-030 W: www.mcmc.gov.my 2 IPR 2012 Shaping a Connected Future CHAIRMAN’S NOTE 5 EXECUTIVE SUMMARY 8 MODULE 1: ECONOMIC PERFORMANCE OF THE INDUSTRY 12 Malaysian Economic Performance – Overview for the Year 2012 14 Global and Malaysian GDP Growth 14 Communications Services Contribution to Growth 15 C&M Industry Performance -
Asian Auto Newsletter Feb 2001.P65
ASIA IS A BUSINESS IMPERATIVE NOW MORE THAN EVER ASIAN AUTOMOTIVE NEWSLETTER Issue 23, February 2001 A bimonthly newsletter of developments in the auto and auto components markets CONTENTS CHINA/HK INTRODUCTION .............................................. 1 DaimlerChrysler is planning to sign a LOI by CHINA / HONG KONG ................................. 1 February 2001 with First Autoworks (FAW), one INDIA ..................................................................... 2 of Chinas leading state-owned vehicle companies. The INDONESIA ........................................................ 2 two companies aim to set up a 50:50 JV, which will JAPAN ..................................................................... 2 manufacture trucks and buses. The agreement comes KOREA ................................................................... 3 as a disappointment to Volkswagen, which itself is MALAYSIA ............................................................ 4 looking for a Chinese partner in bus and truck THAILAND .......................................................... 4 production, particularly given Volkswagens and FAWs FOCUS: Daewoo components suppliers .......... 5 longstanding partnership in auto manufacturing. (January 23, 2001) Shanghai Automotive Group and General Motors have negotiated to buy 51% and 35% respectively of INTRODUCTION Liuzhou Wuling Automotive Co Ltds B-shares to be issued in 2001. Negotiations between the three Daewoo Motors bankruptcy has adversely impacted companies are scheduled to conclude in March -
Cadenza Document
CLOSING PRICE FOR ALL LISTED SECURITIES AS AT 31 DECEMBER 2020 Stock Stock Name Stock Long Name Board Sector Closing Code Price (RM) 0001 SCOMNET SUPERCOMNET TECHNOLOGIES BHD ACE MARKET INDUSTRIAL PRODUCTS & SERVICES 1.850 0001WA SCOMNET-WA SUPERCOMNET TECHNOLOGIES BERHAD ACE MARKET INDUSTRIAL PRODUCTS & SERVICES 1.160 2019/2024 0002 KOTRA KOTRA INDUSTRIES BHD MAIN MARKET HEALTH CARE 2.990 0005 UCREST UCREST BERHAD ACE MARKET TECHNOLOGY 0.155 0006 PINEAPP PINEAPPLE RESOURCES BHD ACE MARKET TECHNOLOGY 0.510 0007 PUC PUC BERHAD ACE MARKET TELECOMMUNICATIONS & MEDIA 0.160 0007WA PUC-WA PUC BERHAD - WARRANTS A ACE MARKET TELECOMMUNICATIONS & MEDIA 0.135 0008 WILLOW WILLOWGLEN MSC BHD MAIN MARKET TECHNOLOGY 0.445 0010 IRIS IRIS CORPORATION BHD ACE MARKET TECHNOLOGY 0.435 0011 BTECH BRITE-TECH BHD ACE MARKET UTILITIES 0.510 0012 3A THREE-A RESOURCES BHD MAIN MARKET CONSUMER PRODUCTS & SERVICES 0.845 0017 M3TECH M3 TECHNOLOGIES(ASIA)BHD ACE MARKET TELECOMMUNICATIONS & MEDIA 0.065 0018 LAMBO LAMBO GROUP BERHAD ACE MARKET TECHNOLOGY 0.030 0018WB LAMBO-WB LAMBO GROUP BERHAD - WARRANTS 2019/2024 ACE MARKET TECHNOLOGY 0.020 0020 NETX NETX HOLDINGS BHD ACE MARKET TECHNOLOGY 0.135 0020WC NETX-WC NETX HOLDINGS BERHAD - WARRANTS C ACE MARKET TECHNOLOGY 0.040 2020/2023 0021 GHLSYS GHL SYSTEMS BHD MAIN MARKET TECHNOLOGY 1.900 0021CB GHLSYS-CB GHLSYS-CB: CW GHL SYSTEMS BERHAD (MIBB) STRCWARR TECHNOLOGY 0.170 0021CC GHLSYS-CC GHLSYS-CC: CW GHL SYSTEMS BERHAD (KIBB) STRCWARR TECHNOLOGY 0.185 0022 PARLO PARLO BERHAD ACE MARKET CONSUMER PRODUCTS & SERVICES -
The Sime Darby Group
SimeDarby Inside Eng[F2]7 22/9/05 10:08 AM Page 1 The Sime Darby Group Sime Darby Berhad is Malaysia’s leading multinational and one of Southeast Asia’s largest conglomerates. Founded in 1910, the Company has grown from a single company offering a single product and service in one country into a strong and dynamic international Group with a comprehensive range of business activities carried out by some 25,000 employees in approximately 300 companies in some 20 countries. Known for its financial and management capabilities, Sime Darby is listed on the Main Board of Bursa Malaysia Securities Berhad with a market capitalisation in excess of US$3.69 billion as at 30th June 2005. Today, in addition to plantations, its original core business activity, Sime Darby is also a major player in the motor vehicle distribution, heavy equipment distribution, property, and energy industries. While the core businesses are located in Malaysia, the People’s Republic of China (including Hong Kong SAR and Macau SAR), Singapore and Australia, the Group also operates in Negara Brunei Darussalam, Indonesia, Thailand, Vietnam, the Philippines, United Kingdom, Egypt, New Zealand, the Solomon Islands, Papua New Guinea and New Caledonia. Cover rationale A stylised rendition of a tree with branches winding all the way to the back graces the cover of the Sime Darby Berhad Annual Report 2005, as well as those of its public listed subsidiaries. The tree is an appropriate symbol for Sime Darby as its journey – from seed to sapling to young tree to matured tree with branches reaching upwards and outwards – mirrors that of the company’s growth from a single company managing 500 acres of rubber estates into The Malaysian Multinational.