A Q MSM has seen turnaround results under your stewardship in 2021, what achievements are you most proud of? I was fortunate to come into MSM when a concise blueprint had already been launched by the previous management and turnaround strategies were in place. So the journey towards the improved profitability had started even before I came in. Most of my work focused on enhancing the blueprint and business optimisation while ensuring greater subscription by the workforce towards governance, integrity and pride in being part of an organisation that is one of the top in the global sugar industry. Staying on strategy, the team worked hard to sustain profits through the four quarters and protect shareholder interest, despite tremendous challenges affecting production volumes in FY2021. What I found really motivating was the confidence of the investing community in MSM after the announcement of the fourth quarter 2020 results. There was a sharp recovery in MSM’s share price which rose four folds growing the market capitalisation to a high of RM1.40 billion. To me, that is a vote of confidence from the investing community on MSM’s new leadership team and MSM Group’s moving forward plans. Through this period, MSM has also attracted increased foreign investor holdings especially from EU countries. It clearly indicates that we are ticking their checklist on environment, social and governance (ESG) matters apart from business sustainability. Visit by YB Dato’ Seri Idris Jusoh, FELDA Chairman and Senior Management to MSM. SUSTAINABILITY JOURNEY HOWWE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 59
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