Corporate Announcement As at 13 September 2019
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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. -
Financial Hegemony, Diversification Strategies and the Firm Value of Top 30 FTSE Companies in Malaysia
Asian Social Science; Vol. 12, No. 3; 2016 ISSN 1911-2017 E-ISSN 1911-2025 Published by Canadian Center of Science and Education Financial Hegemony, Diversification Strategies and the Firm Value of Top 30 FTSE Companies in Malaysia Wan Sallha Yusoff1, Mohd Fairuz Md. Salleh2, Azlina Ahmad2 & Norida Basnan2 1 School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis, Malaysia 2 School of Accounting, Faculty of Economics and Management, Universiti Kebangsaan Malaysia, Malaysia Correspondence: Wan Sallha Yusoff, School of Business Innovation and Technopreneurship, Universiti Malaysia Perlis, Malaysia. E-mail: [email protected] Received: August 8, 2015 Accepted: January 18, 2016 Online Published: February 23, 2016 doi:10.5539/ass.v12n3p14 URL: http://dx.doi.org/10.5539/ass.v12n3p14 Abstract This study investigates the relationships between financial hegemony groups, global diversification strategies and firm value of the Malaysia’s 30 largest companies listed in FTSE Bursa Malaysia Index Series during 2009 to 2012 period. We chose Malaysia as an ideal setting because the findings contribute to the phenomenon of the diversification–performance relationship in the Southeast Asian countries. We apply hegemony stability theory to explain the importance of financial hegemony groups in deciding international locations for operations. By using panel data analysis, we find that financial hegemony groups are significantly important in international location decisions. Results reveal that the stability of financial hegemony in BRICS and G7 groups enhances the financial value of the Malaysia’s 30 largest companies, whereas the stability of financial hegemony in ASEAN groups is able to enhance the non-financial value of the firms. -
Directives on the List of Approved Securities
PARTICIPATING ORGANISATIONS’ CIRCULAR Date : 31 January 2012 No : R/R 3 OF 2012 DIRECTIVES ON THE LIST OF APPROVED SECURITIES Please be advised that the list of ‘RSS Approved Securities’ issued pursuant to Rule 704.2(4) of the Rules of Bursa Securities Bhd vide R/R 5 OF 2011 for purposes of regulated short selling, is hereby amended with the inclusion of 12 new approved securities into the above list and the removal of 12 existing approved securities from the above list. The updated list of ‘RSS Approved Securities’ is appended herewith as ‘Annexure 1’. With the updated list, there are altogether 100 approved securities for regulated short selling. The details of the 12 new approved securities included into the list of ‘RSS Approved Securities’ and the 12 existing approved securities removed from the list of ‘RSS Approved Securities’ are set out in Annexure 1A appended herewith. The updated list of ‘RSS Approved Securities’ mentioned above shall take effect from 9 February 2012. This circular is available at: http://www.bursamalaysia.com/website/bm/regulation/rules/bursa_rules/bm_securities.ht ml In the event of any queries in relation to this circular kindly contact Sallehuddin at 20347066 or Syafiq at 20347361. RISK MANAGEMENT MARKET OPERATIONS Annexure 1 RSS APPROVED SECURITIES No STOCK CODE STOCK LONG NAME 1 5185 AFFIN HOLDINGS BERHAD 2 5099 AIRASIA BERHAD 3 5115 ALAM MARITIM RESOURCES BERHAD 4 2488 ALLIANCE FINANCIAL GROUP BERHAD 5 1015 AMMB HOLDINGS BERHAD 6 6888 AXIATA GROUP BERHAD 7 3395 BERJAYA CORPORATION BERHAD 8 1562 BERJAYA -
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. -
ESG Ratings of Plcs Assessed by FTSE Russell# in Accordance with FTSE Russell ESG Ratings Methodology
ESG Ratings of PLCs assessed by FTSE Russell# in accordance with FTSE Russell ESG Ratings Methodology Definition Top 25% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Top 26-50% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Top 51%- 75% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Bottom 25% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Stock Company Name Sector F4GBM ESG Grading Code (sorted By Alphabetical) Index Band 6599 AEON CO. (M) BHD CONSUMER PRODUCTS & SERVICES ** 5139 AEON CREDIT SERVICE (M) BHD FINANCIAL SERVICES Yes *** 7078 AHMAD ZAKI RESOURCES BHD CONSTRUCTION *** 5099 AIRASIA GROUP BERHAD CONSUMER PRODUCTS & SERVICES *** 5238 AIRASIA X BERHAD CONSUMER PRODUCTS & SERVICES ** 2658 AJINOMOTO (M) BHD CONSUMER PRODUCTS & SERVICES Yes *** 2488 ALLIANCE BANK MALAYSIA BERHAD FINANCIAL SERVICES Yes *** 5293 AME ELITE CONSORTIUM BERHAD CONSTRUCTION * 1015 AMMB HOLDINGS BHD FINANCIAL SERVICES Yes **** 6556 ANN JOO RESOURCES BHD INDUSTRIAL PRODUCTS & SERVICES * 6399 ASTRO MALAYSIA HOLDINGS BERHAD TELECOMMUNICATIONS & MEDIA Yes **** 6888 AXIATA GROUP BERHAD TELECOMMUNICATIONS & MEDIA Yes *** 5106 AXIS REITS REAL ESTATE INVESTMENT TRUSTS ** 3395 BERJAYA CORPORATION BHD INDUSTRIAL PRODUCTS & SERVICES ** 1562 BERJAYA SPORTS TOTO BHD CONSUMER PRODUCTS & SERVICES ** 5248 BERMAZ AUTO BERHAD CONSUMER PRODUCTS & SERVICES Yes **** 2771 BOUSTEAD HOLDINGS BHD INDUSTRIAL PRODUCTS & SERVICES ** 4162 BRITISH AMERICAN -
Stay Defensive on Expectation of More Pressure on Stocks
Headline Stay defensive on expectation of more pressure on stocks MediaTitle The Edge Date 04 May 2020 Language English Circulation 25,910 Readership 77,730 Section Corporate Page No 22,23 ArticleSize 1300 cm² Journalist N/A PR Value RM 67,149 Stay defensive on expectation of more pressure on stocks T*P hpnrhmark index FTSE Bursa Malaysia KLCI has rebounded since March 19, but analysts say there could ^sSnoS^Shrust. With the uncertainty over Covid-19 and how the worlds economy, respond post- pandemic, what should investors do when it comes to investing in the local stock market. BY KAMARUL AZHAR t has been a tumultuous four months for Malaysian equities, and analysts warn of further volatility ahead as a possible recession looms, caused by the Move- ment Control Order (MCO) and cautious consumer sentiment. Investors are ad- vised to stay defensive and invest in stocks that have defensive earnings qualities and strong fundamentals. Imran Yusof, senior analyst at MIDF Research,believes the FBM KLCI will face some downward pressure, given that sen- timent is likely to be hit by weak econom- ic data and corporate earnings, which are scheduled for release in the next couple of months following nearly two months of economic stagnation. "Therefore, there might be another downward thrust in the direction of the FBM KLCI. In addition, a bear market gen- erally follows a three-wave pattern, where- by the downward thrust (which we saw in March) would normally be interrupted by -19) at a department store in Seoul, South Korea April 30, 2020. an intermittent rebound and subsequent- People wear masks to avoid the spread of the coronavirus disease (COVID ly followed by another downward thrust," Imran tells The Edge via email. -
ESG Ratings of Plcs Assessed by FTSE Russell# in Accordance with FTSE Russell ESG Ratings Methodology
ESG Ratings of PLCs assessed by FTSE Russell# in accordance with FTSE Russell ESG Ratings Methodology Definition Top 25% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Top 26-50% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Top 51%- 75% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Bottom 25% by ESG Ratings amongst PLCs in FBM EMAS that have been assessed by FTSE Russell Stock Company Name Sector F4GBM ESG Grading Code (sorted By Alphabetical) Index Band 5250 7-ELEVEN MALAYSIA HOLDINGS BERHAD CONSUMER PRODUCTS & SERVICES ** 6599 AEON CO. (M) BHD CONSUMER PRODUCTS & SERVICES ** 5139 AEON CREDIT SERVICE (M) BHD FINANCIAL SERVICES Yes *** 7078 AHMAD ZAKI RESOURCES BHD CONSTRUCTION *** 5099 AIRASIA GROUP BERHAD CONSUMER PRODUCTS & SERVICES Yes **** 5238 AIRASIA X BERHAD CONSUMER PRODUCTS & SERVICES ** 2658 AJINOMOTO (M) BHD CONSUMER PRODUCTS & SERVICES Yes *** 2488 ALLIANCE BANK MALAYSIA BERHAD FINANCIAL SERVICES Yes *** 5293 AME ELITE CONSORTIUM BERHAD CONSTRUCTION * 1015 AMMB HOLDINGS BHD FINANCIAL SERVICES Yes **** 6556 ANN JOO RESOURCES BHD INDUSTRIAL PRODUCTS & SERVICES * 6399 ASTRO MALAYSIA HOLDINGS BERHAD TELECOMMUNICATIONS & MEDIA Yes **** 8176 ATA IMS BERHAD INDUSTRIAL PRODUCTS & SERVICES ** 6888 AXIATA GROUP BERHAD TELECOMMUNICATIONS & MEDIA Yes *** 5106 AXIS REITS REAL ESTATE INVESTMENT TRUSTS ** 3395 BERJAYA CORPORATION BHD INDUSTRIAL PRODUCTS & SERVICES ** 1562 BERJAYA SPORTS TOTO BHD CONSUMER PRODUCTS & SERVICES ** 5248 BERMAZ -
Annual Report 2020 | Genting Plantations Berhad 04 Chairman’S Statement
about GENTING PLANTATIONS OUR VISION We strive: To become a leader in the plantation industry. To embark aggressively onto value-added downstream manufacturing activities which are synergistic to our core business. To enhance return on the company land bank through property development activities. To adopt a market-driven and customer-oriented approach, with emphasis on product quality and diversity. To strengthen our competitive position by adopting new technologies and innovations. As people are the key to achieving the company’s vision, we are committed to develop our employees and create a highly motivating and rewarding environment for them. OUR CORE VALUES • HARDWORK • HONESTY • HARMONY • LOYALTY • COMPASSION CORPORATE PROFILE Genting Plantations, a subsidiary of Genting Berhad, commenced operations in 1980. It has a landbank of about 64,600 hectares in Malaysia and some 178,900 hectares (including the Plasma schemes) in Indonesia. It owns seven oil mills in Malaysia and five in Indonesia, with a total milling capacity of 665 metric tonnes per hour. In addition, our Group has ventured into the manufacturing of downstream palm-based products. Genting Plantations has also diversified into property development to unlock the value of its strategically- located landbank and has invested significantly in biotechnology in a major effort to apply genomics- based solutions to increase crop productivity and sustainability. www.gentingplantations.com CONTENTS FINANCIAL STATEMENTS: 02 Chairman’s Statement/ 72 Statements of Profit or Loss Penyata -
Ethical Commitments and Financial Performance: Evidence from Publicly Listed Companies in Malaysia
Asian Academy of Management Journal, Vol. 22, No. 2, 53–95, 2017 ETHICAL COMMITMENTS AND FINANCIAL PERFORMANCE: EVIDENCE FROM PUBLICLY LISTED COMPANIES IN MALAYSIA Ahmad Firdhauz Zainul Abidin, Hafiza Aishah Hashim*, and Akmalia Mohamad Ariff School of Maritime Business and Management, Universiti Malaysia Terengganu, Terengganu, Malaysia *Corresponding author: [email protected] Published online: 29 December 2017 To cite this article: Abidin, A.F.Z., Hashim, H.A., and Ariff, A.M. (2017). Ethical commitments and financial performance: Evidence from publicly listed companies in Malaysia. Asian Academy of Management Journal, 22(2), 53–95. https://doi.org/10.21315/ aamj2017.22.2.3 To link to this article: https://doi.org/10.21315/aamj2017.22.2.3 ABSTRACT This study explores the role of business ethics towards corporate wealth creation and sustainable performance. In the context of Malaysia, the importance of committing to following the highest ethical standards is evidenced by the recommendations and guidelines imposed through the Malaysian Code of Corporate Governance (MCCG) 2012. The perspective from stakeholder theory indicates that commitment towards ethics has multiple, positive impacts to companies. One of the positive impacts, which is a result of being able to gain trust and secure loyalty from their stakeholders, is better financial performance. This study posits that management commitment towards ethics is positively associated with financial performance. Content analysis is used to systematically code and evaluate data from 243 publicly listed firms on the Main Board of Bursa Malaysia in year 2014. The Ethics Commitment Assessments Index (ECAI), which contains 14 items, is used to score commitment towards ethics. -
2018 Annual Report
ASEAN ANNUAL REPORT 2018 CATALYST RECORD PROFITS FIRMER FOOTING DIGITAL TRANSFORMATION Grew stronger in terms of performance, Well-positioned to embark on our next Wider spectrum of solutions to improve value propositions and competitiveness. mid-term growth strategy plan. employee and customer experience. PG 29 PG 11 PG 45 VIETNAM LAOS MYANMAR PHILIPPINES THAILAND CAMBODIA MALAYSIA BRUNEI SINGAPORE INDONESIA The cover depicts our operating footprint across ASEAN and reinforces our commitment to connect our customers, our people and partners to seamless financial solutions, new markets, and opportunities for growth. View our Annual Report, Accounts and other information about CIMB Group Holdings Berhad at www.cimb.com b 1 ABOUT OUR REPORT OUR REPORTS At CIMB Group Holdings Berhad, we produce a range of corporate reports for the benefit of our multiple stakeholders, mainly to equip them with critical information on the many areas of our business operations and performance. ANNUAL REPORT This is the primary source of information about our Group and gives a simple and comprehensive overview of our financial and non-financial milestones and achievements for each year. By studying the report, our stakeholders can learn about our strategy; businesses and performance; approach to governance and risk as well as our future goals. The report demonstrates our accountability and strengthens the trust AR/15 AR/16 AR/17 of our stakeholders. AR/18 ANNUAL FINANCIAL STATEMENTS During the year, we publish a range of financial statements, including quarterly financial statements and the audited annual financial results. These statements present to our stakeholders a clear and full analysis of our financial affairs at the end of each financial year. -
ANNUAL REPORT 2010 I 55 CORPORATE GOVERNANCE (Cont’D) the Following Are the Courses and Training Programmes Attended by the Directors in 2010
“In business, I believe in going step by step, slowly but surely. To seek out opportunities with good potential and build on them.” – The late Tan Sri Lim Goh Tong, Founder of Genting Group THE GENTING STORY GENTING BERHAD The multinational corporation known as the Genting Group of Genting Berhad, Malaysia’s leading corporation is the holding companies began from humble beginnings in 1965. A company of the Genting Group, one of Asia’s best-managed contractor who spoke no English, but only Hokkien, Mandarin, conglomerates. The Group comprises four listed entities Malay and Cantonese, the late Tan Sri Lim Goh Tong built his (namely Genting Berhad and subsidiaries Genting Malaysia business empire with simple principles: humility, discipline and Berhad, Genting Plantations Berhad and Genting Singapore conviction. PLC), with a combined market capitalisation of about RM132 billion (US$43 billion). With over 43,000 employees, 4,500 The traditional Chinese entrepreneur was ahead of his time in hectares of prime resort land and about 133,000 hectares of many ways. He adopted environmental measures, built an plantation land, the Group’s principal businesses include integrated resort at Genting Highlands and executed his own leisure & hospitality, power generation, oil palm plantation, succession plan in 2003, when he handed over the property development, biotechnology and oil & gas. chairmanship of the Genting Group to his son, Tan Sri Lim Kok Thay. The Genting Group has established premier leisure brands such as “Resorts World”, “Maxims”, “Crockfords” and Tan Sri Lim Kok Thay has since taken the company to greater “Awana”. In addition to Premium Outlets®, Genting companies heights with a successful overseas strategy. -
Equities Listed Onbursa Malaysia Berhad
EQUITIES LISTED ONBURSA MALAYSIA BERHAD Bursa Malaysia Berhad As at 05 November 2020 International Securities Identification Number (ISIN) Issuer Name (Long) Issuer Name (Short) ISIN Issue Description Listing Date (yr/mth/d) Maturity Date (yr/mth/d) 7-ELEVEN MALAYSIA HOLDINGS BERHAD SEM MYL5250OO005 ORDINARY SHARE 20140530 A50CHIN-C62: CW ISHARES FTSE A50 CHINA ETF (MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN BHD) A50CHIN-C62 MYJ070362UC4 CALL WARRANT - FOREIGN 20200619 20201231 A50CHIN-C64: CW ISHARES FTSE A50 CHINA ETF (MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN BHD) A50CHIN-C64 MYJ070364V33 CALL WARRANT - FOREIGN 20200722 20210331 A50CHIN-C66: CW ISHARES FTSE A50 CHINA ETF (MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN BHD) A50CHIN-C66 MYJ070366V31 CALL WARRANT - FOREIGN 20200903 20210331 A50CHIN-H47: PW ISHARES FTSE A50 CHINA ETF (MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN BHD) A50CHIN-H47 MYJ070347UC5 PUT WARRANT-FOREIGN 20200619 20201231 A50CHIN-H49: PW ISHARES FTSE A50 CHINA ETF (MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN BHD) A50CHIN-H49 MYJ070349V33 PUT WARRANT-FOREIGN 20200722 20210331 A50CHIN-H51: PW ISHARES FTSE A50 CHINA ETF (MACQUARIE CAPITAL SECURITIES (MALAYSIA) SDN BHD) A50CHIN-H51 MYJ070351V38 PUT WARRANT-FOREIGN 20200903 20210331 ABF MALAYSIA BOND INDEX FUND ABFMY1 MYL0800EA002 ETF 20050718 ABLEGROUP BERHAD ABLEGRP MYL7086OO001 ORDINARY SHARE 20000327 ABM FUJIYA BERHAD AFUJIYA MYL5198OO006 ORDINARY SHARE 20130723 ABMB-C4: CW ALLIANCE BANK MALAYSIA BERHAD (AMBANK (M) BERHAD) ABMB-C4 MYL2488C4V32 CALL WARRANT - LOCAL