pg1-78.qxd 1/2/02 11:44 AM Page 1 Kuala Lumpur Stock Exchange Annual Report 2001 Strengthening Corporate Governance Corporate governance is essential for investor confidence and enhancement of shareholder value. It is only with high standards of corporate governance that a secure and vibrant market can be cultivated, one which is premised on the principles of fairness, integrity, transparency and accountability. What s Insid e 2 40 122 Corporate Information Management Team Monthly High, Low and Closing Indices* 5 45 Highlights KLSE Group 124 Market Indicators 7 73 Executive Chairman s Calendar of Events 131 Statement Membership Report 79 25 Financial Statements 137 Market Report KLSE Members 118 31 KLSE Sub-Committees 148 Issues in Focus Notice of 120 Annual General Meeting 38 New Listings Committee Members Form of Proxy/ Certificate of Representation pg1-78.qxd 1/2/02 11:44 AM Page 2 Corporate Information KUALA LUMPUR STO C K MALAYSIA DERIVATIVES Bankers EXCHANGE (KLSE) EXCHANGE BERHAD (MDEX) Bumiputra-Commerce Bank Berhad (30632-P) (261937-H) Malayan Banking Berhad Committee Members Board of Directors RHB Bank Berhad Dato Mohammed Azlan Hashim Abdul Jabbar Abdul Majid (Executive Chairman) (Executive Chairman) Hong Leong Bank Berhad (appointed w.e.f 3.1.2001) Datuk Mohaiyani Shamsudin Registered Office (Deputy Chairman) Iskander Ismail Malaysia Derivatives Exchange Tan Kim Leong W ong Fook Wah Berhad (appointed w.e.f 3.1.2001) 10th Floor, Exchange Square Abdul Kadir Hj Md Kassim Bukit Kewangan Dato Mohammed Azlan Hashim Abdul Jabbar Abdul Majid 50200 Kuala Lumpur (appointed w.e.f 18.1.2001) Dato Hwang Sing Lue Tel: 03-2070 8199 Chan Guan Seng Yusli Mohamed Yusof f (appointed w.e.f 2.2.2001) Abdul Wahab Nan Abidin LABUAN INTERNATIONAL Md Nor Ahmad FINANCIAL EXCHANGE INC Peter Leong Tuck Leng (appointed w.e.f. 2.2.2001) (LFX) (LL02032) Yusli Mohamed Yusof f Tunku Dato Seri Nadzaruddin Tuanku Dato Ranita Mohd Hussein Ja afar Board of Directors (resigned w.e.f 31.12.2000) (appointed w.e.f 15.8.2001) Dato Mohammed Azlan Hashim (Chairman) Abang Zainal Abidin Abang Ahmad Alvin Kwan Wing Ye w (resigned w.e.f 31.12.2000) (appointed w.e.f 15.8.2001) Abdul Kadir Hj Md Kassim Johari Hassan Khairussaleh Ramli Dato Ahmad Johan Raslan (resigned w.e.f 31.12.2000) (Alternate director to Dato (appointed w.e.f 1.2.2001) Mohammed Azlan Hashim) President (appointed w.e.f 19.1.2001) Peter Leong Tuck Leng (appointed w.e.f 1.2.2001) Dato Mohd Salleh Abdul Majid Omar Malek Ali Merican (resigned w.e.f 30.6.2001) Company Secretaries Deputy President I Ahmad Aznan Mohd Nawawi Md Nor Ahmad K Sree Kumar (resigned w.e.f 14.3.2001) Nor Hakimah Abdul Latif Deputy President II Dato Mohd Salleh Abdul Majid Ungku A Razak Ungku A Rahman (resigned w.e.f 2.2.2001) Exchange Committee Members Tan Sri Wan Azmi Wan Hamzah Dato Ranita Mohd Hussein Company Secretaries (Chairman) (resigned w.e.f 2.2.2001) Ahmad Aznan Mohd Nawawi Abdul Kadir Hj Md Kassim Ramli Ibrahim Azman Shah Md Yaman (resigned w.e.f 14.12.2000) Mohd Nasir Ali Auditors Chief Operating Officer Dr Mohamed Arif Nun Arthur Andersen & Co Dr Zaha Rina Zahari Larry Gan Tax Consultants General Manager Md Nor Ahmad Arthur Andersen & Co Raghbir Singh Bhart Ridzuan Salleh (Tax and Business Advisory) Company Secretaries Chin Chee Kee Bankers Manoj Devadasan Izzuddin Tajudin Bumiputra-Commerce Bank Berhad Ahmad Aznan Mohd Nawawi Abdul Jabbar Abdul Majid Hongkong Bank Malaysia Berhad Dr Ghazali Atan Malayan Banking Berhad Auditors Arthur Andersen & Co Prof Madya Dr Mohd Daud Bakar Southern Bank Berhad Tax Consultants General Manager Registered Office Arthur Andersen & Co S. Loganathan Kuala Lumpur Stock Exchange (Tax and Business Advisory) 14th Floor, Exchange Square Secretary Bukit Kewangan 50200 Kuala Lumpur Ahmad Aznan Mohd Nawawi Tel: 03-2026 7099 Fax: 03-2026 3684 Auditors Arthur Andersen & Co 2 pg1-78.qxd 1/2/02 11:44 AM Page 3 Kuala Lumpur Stock Exchange Annual Report 2001 General Manager Bankers Ungku A Razak Ungku A Rahman Bumiputra-Commerce Bank Berhad Company Secretaries Malayan Banking Berhad Azman Shah Md Yaman Registered Office Ahmad Aznan Mohd Nawawi KLSE Property Management Sdn Bhd 14th Floor, Exchange Square Auditors Bukit Kewangan Arthur Andersen & Co 50200 Kuala Lumpur Tel: 03-2026 7099 Tax Consultants Fax: 03-2026 3684 Arthur Andersen & Co (Tax and Business Advisory) MALAYSIAN CENTRAL Bankers DEPOSITO RY SDN BHD (MCD) Malayan Banking Berhad (165570-W) Alliance Bank Berhad Board of Directors Southern Bank Berhad Dato Mohammed Azlan Hashim (Executive Chairman) Standard Chartered Bank (M) Berhad Tan Kim Leong Registered Office Chan Guan Seng Securities Clearing Automated Datuk Amirsham A Aziz SECURITIES CLEARING Network Services Sdn Bhd 8th Floor, Exchange Square AUTOM ATED NETWORK Dato Seri Syed Zainol Anwar Bukit Kewangan S E RVICES SDN BHD (SCANS) Jamalullail (109716-D) 50200 Kuala Lumpur Tel: 03-2026 8099 General Manager Board of Directors Fax: 03-2026 3715 Ungku A Razak Ungku A Rahman Dato Mohammed Azlan Hashim (Executive Chairman) Company Secretaries Datuk Mohaiyani Shamsudin KLSE PROPERTY Ahmad Aznan Mohd Nawawi MANAGEMENT SDN BHD (KPM) Tan Kim Leong (147792-H) Yong Hazadurah Hashim (formerly known as KLSE Realty Sdn Bhd) Abdul Kadir Hj Md Kassim Auditors Abdul Jabbar Abdul Majid Board of Directors Arthur Andersen & Co (appointed w.e.f 18.1.2001) Dato Mohammed Azlan Hashim (Chairman) Tax Consultants Dato Hj Megat Najmuddin Khas Dato Seri (Dr) Hj Megat Khas Tan Kim Leong Arthur Andersen & Co (Tax and Business Advisory) Chan Guan Seng Md Nor Ahmad Bankers Abdul Wahab Nan Abidin Abang Zainal Abidin Abang Ahmad (resigned 31.12.2000) Bumiputra-Commerce Bank Berhad Peter Leong Tuck Leng Malayan Banking Berhad (appointed w.e.f 1.1.2001) General Manager Yusli Mohamed Yusof f Abdul Razak Mohd Amin Alliance Bank Berhad (appointed w.e.f 1.1.2001) Company Secretaries Registered Office Dato Mohd Salleh Abdul Majid Ahmad Aznan Mohd Nawawi Malaysian Central Depository Sdn Md Nor Ahmad Bhd Abdul Raihan Mohd Yusof (Alternate to Dato Mohd Salleh 6th Floor, Exchange Square Abdul Majid) Bukit Kewangan Auditors 50200 Kuala Lumpur Dato Ranita Mohd Hussein Arthur Andersen & Co Tel: 03-2026 2099 (resigned w.e.f 1.1.2001) Fax: 03-2026 3719 Tax Consultants Abang Zainal Abidin Abang Ahmad (resigned w.e.f 1.1.2001) Arthur Andersen & Co (Tax and Business Advisory) Johari Hassan (resigned w.e.f 1.1.2001) 3 pg1-78.qxd 1/2/02 11:44 AM Page 4 Corporate Information Shahnaz Radhiah Zulkifli (Alternate director to Tan Sri Zulkifli Registered Office KLSE-BERNAMA REAL-TIME Mahmood) INFORMATION SERVICES Yayasan BSKL SDN BHD (KULBER) Tuan Haji Mustapha Hashim 14th Floor, Exchange Square (152961-H) (Alternate director to Mohamad Shuib Bukit Kewangan Abdul Ghani) 50200 Kuala Lumpur Board of Directors (resigned w.e.f 31.12.2000) Tel: 03-2026 7099 Dato Mohammed Azlan Hashim Fax: 03-2026 3684 (Chairman) General Manager Datuk Abdul Kadir Jasin Abdul Nasir Ahmad Daud (Deputy Chairman) RESEARCH INSTITUTE OF (appointed w.e.f 24.10.2000) Company Secretaries INVESTMENT ANALYSTS Datuk Teh Ghee Kok Ahmad Aznan Mohd Nawawi MALAYSIA (RIIAM) (139281-V) Dato Mohd Salleh Abdul Majid Abdul Raihan Mohd Yusof Board of Governors Md Nor Ahmad Auditors Dato Mohammed Azlan Hashim Leong Koon Choy Arthur Andersen & Co (Chairman) (appointed w.e.f 24.10.2000) Datuk Mohaiyani Shamsudin Tax Consultants (Deputy Chairman) Jaafar Hussin Arthur Andersen & Co (appointed w.e.f 1.1.2001) (Tax and Business Advisory) Tan Kim Leong Syed Jamil Syed Jaafar Chan Guan Seng (resigned 31.12.2000) Bankers Malayan Banking Berhad Tan Sri Dato Dr Syed Jalaluddin Company Secretaries Syed Salim Registered Office Ahmad Aznan Mohd Nawawi Dato Mohd Salleh Abdul Majid Malaysian Share Registration Services Abdul Raihan Mohd Yusof Sdn Bhd Tan Sri Dato Dr Abdullah Sanusi Hj 8th Floor, Exchange Square Ahmad Auditors Bukit Kewangan Dato Ranita Mohd Hussein Arthur Andersen & Co 50200 Kuala Lumpur (resigned w.e.f 1.2.2001) Tel: 03-2026 7099 Tax Consultants Fax: 03-2026 3684 Director Arthur Andersen & Co (Tax and Business Advisory) YAYASAN BSKL (YBSKL) Abdullah Naib (464552-M) Company Secretaries Bankers Board of Governors Ahmad Aznan Mohd Nawawi Malayan Banking Berhad Dato Mohammed Azlan Hashim (Chairman) Abdul Raihan Mohd Yusof Registered Office KLSE-Bernama Real-Time Information Abdul Kadir Hj Md Kassim Auditors Services Sdn Bhd Chan Guan Seng Arthur Andersen & Co 8th Floor, Exchange Square Bukit Kewangan Datuk Hj Abdul Karim Haron Tax Consultants 50200 Kuala Lumpur Dato N Sadasivan A/L N N Pillay Arthur Andersen & Co Tel: 03-2026 7099 (Tax and Business Advisory) Fax: 03-2026 3684 Dato Che Mohd Annuar Che Mohd Senawi Bankers Tan Sri Dato Dr Abdullah Sanusi Hj Bumiputra-Commerce Bank Berhad MALAYSIAN SHARE Ahmad REGISTRATION SERVICES (appointed w.e.f 30.7.2001) Registered Office Research Institute of Investment SDN BHD (MSRS) Dato Mohd Salleh Abdul Majid Analysts Malaysia (378993-D) (appointed w.e.f 30.7.2001) 6th Floor, Exchange Square Board of Directors Bukit Kewangan Company Secretaries Dato Mohammed Azlan Hashim 50200 Kuala Lumpur (Chairman) Ahmad Aznan Mohd Nawawi Tel: 03-2026 7099 Fax: 03-2026 3701 Dato Hj Megat Najmuddin Khas Dato Abdul Raihan Mohd Yusof Seri (Dr) Hj Megat Khas Auditors Ungku A Razak Ungku A Rahman Arthur Andersen & Co Tan Sri Zulkifli Mahmood Bankers Mohamad Shuib Abdul Ghani Malayan Banking Berhad 4 pg1-78.qxd 1/2/02 11:44 AM Page 5 Kuala Lumpur Stock Exchange Annual Report 2001 highlights 5 pg1-78.qxd 1/2/02 11:44 AM Page 6 Meticulous in approach and transparent in every aspect ensuring substance over form.