MSM Malaysia Holdings Berhad Annual Report 2020

STRATEGIC PERFORMANCE M onetise non-core assets S ynergise international trades with regional reputable players F inancial performance was mainly affected by lower sugar consumption in the Domestic segment due to MCO B alancing production capacity within MSM Group’s operation – MSM Prai and MSM Johor L aunch of Premium Prai’s products (Sugar Stevia Mix and Sugar Sucralose Mix) F urther exploration downstream into sugar related businesses E xport value-added sugar products (new SKU) R educe raw sugar stock holding via “Just-In-Time” mechanism I mprove production efficiency and yield to reduce refining cost D iscontinued non-strategic operations – complete discontinuation of MSM Perlis operations on 30 June 2020 E nergy cost saving projects are being explored T arget of 30% female representation at all levels PERFORMANCE AND PROSPECTS CAPABILITY AND CAPACITY EXPANSION OPERATIONAL EXCELLENCE IMPROVE SUSTAINABLE VALUES Key On-Going Non-performance MSM MALAYSIA HOLDINGS BERHAD Annual Repor t 2020 9 SUSTAINABILITY REPORT EFFECTIVE LEADERSHIP CORPORATE GOVERNANCE FINANCIAL STATEMENTS ADDITIONAL INFORMATION DETAILS OF THE ANNUAL GENERAL MEETING