PRINCIPLE C: INTEGRITY IN CORPORATE REPORTING AND MEANINGFUL RELATIONSHIP WITH STAKEHOLDERS Relations and Communications with Stakeholders The Company has a Corporate Disclosure Policy stipulating the proper framework and guidelines to govern the release of information to ensure that comprehensive, accurate and timely disclosures are provided to shareholders and stakeholders. The Corporate Disclosure Policy also regulates the review and release of information to Bursa Securities as well as through the Company’s corporate website, facilitating timely and accurate disclosure of the Company’s affairs. The Company communicates with its shareholders and stakeholders through the following channels of communication: Media Coverage and Briefings on the Quarterly Results The Media is an important partner of the MSM Group as it helps the company to reach the public through all sorts of media channel including mainstream and digital media. MSM emphasised on accuracy, credibility, objectivity and timeliness throughout its media relations activities. All forms of media engagement, interaction and statements shall be referred to, prepared and issued by Corporate Communication Department. Our media relations are facilitated by our Media & Spokesperson Policy to ensure consistency and positive management of the information released to the media whilst safeguarding MSM’s asset and reputation. It includes media release and briefing, press conferences, media enquiry and interview. All of MSM’s media release and media clippings are made available on MSM’s corporate website at http://www.msmsugar.com/ and media enquiries can be emailed to corpcomms@msmsugar.com. MSM also committed to ensure its communication through social media channel which include Instagram, Facebook, LinkedIn and Twitter are constantly monitored by Corporate Communication Department. Each engagement, interaction and content posted shall be reviewed thoroughly to safeguard the Group’s image and reputation. MSM consistently update and announce the quarterly result to the Bursa Securities via Bursalink. The list of quarterly result announcement are as follows: 2020 2021 25 February 2021 4th quarter ended 31 December 2020 25 May 2021 1st quarter ended 31 March 2021 25 August 2021 2nd quarter ended 30 June 2021 25 November 2021 3rd quarter ended 30 September 2021 22 February 2022 4th quarter ended 31 December 2021 Financial Reporting and Disclosure MSM’s Board strives to present shareholders with a balanced and comprehensive assessment of the Group’s financial performance, challenges and outlook (Audited Financial Statements and Quarterly Results). The Board is also committed in releasing announcements in a timely manner in respect of the Group’s performance. In the context of our Financial Statements, the Group adheres to the requirements set out in the Malaysian Financial Reporting Standards, the International Financial Reporting Standards and the Companies Act, 2016 as well as the laws and regulations in the respective countries in which MSM operates. Our Audited Financial Statements and Quarterly Reports are also reviewed by the AGRC to ensure a fair representation of the Group and the Company. Most businesses experience significant disruption to their business-as-usual operations and faces business underperformance throughout the duration of the COVID-19 crisis. To help address these challenges, MSM Group proposed the COVID-19 Response Plan which was updated and email blasted to all MSM staff on 19 August 2021. SUSTAINABILITY JOURNEY HOWWE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 227
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