Frontken Corporation Berhad 200401012517 (651020-T) • A N N U A L R E P O R T 2 0 2 1 10 CHAIRMAN’S MESSAGE (CONT’D) The Company also rewarded its shareholders with a bonus issue of shares and warrants on the basis of 1 bonus share and 1 bonus warrant for every 2 shares held sometime in April of 2021. As at the date of completion, the Group issued shares stood at 1,580,152,675. Every year, we set new business goals and priorities for the year ahead. In FY2021, we held our annual budget meetings where we made plans and put in place short-term and long-term targets, discussed strategic measures including business continuity plan and crisis management, amongst others. We follow up with regular reviews, analyse our progress and resolve promptly any issues that may arise throughout the year. We believe customers’ positive experience are crucial and ensure that our works are of high quality and are up to or exceeding their expectation. THE “NEW NORMAL” At this point, it has been slightly over two years from the first COVID-19 outbreak. We drew on the lessons from the past years and find areas where we can continue to improve. In our health and safety control, we continue to adhere strictly to the “Guidelines on Workplace Prevention and Control of COVID-19”. This includes safe work environment that protects our employees and associates alike from risks connected to COVID-19, including exposure and transmission. While vaccine may significantly reduce the threat of fatality caused by COVID-19, we need to continue to keep ourselves safe and maintain strict COVID-19 prevention measures such as self-testing requirements, making sure our facilities are sufficiently clean, have adequate ventilation, and reduce risk of transmission by implementing “rotation basis” to limit the number of non-production employees at work. We endeavour to ensure that the wellbeing of our employees is protected as we return to work and adjust to new realities and challenges presented by the pandemic. From the business perspective, we were able to quickly navigate and adapt in response to the rapidly changing market environment through our dynamic thinking and actions from the onset of the pandemic. We continue to adapt to the “new business environment” where everyone works together to minimise the impact from COVID-19 and limit disruptions to our operations and supply chains, where possible. Though many things have changed since then, our commitment and dedication to our customers remained the same, which is providing excellent support and services to them. HUMAN CAPITAL In FY2021, we have managed to not only grow the number of our headcounts but also expanded the range of our skillsets. We believe that a highly skilled and motivated employee is vital for our business to run successfully. We continued to encourage our employees to acquire new knowledge through continuous learning to enable everyone to stay on top of the industry trends and to remain competitive in our business. Various trainings, workshops and networking activities were conducted remotely where our employees can continue to have opportunities to learn and engage even in different learning environment. Amongst the topics covered were upskilling and reskilling allowing our employees to maximise their full potential, soft skills ability to effectively communicate and think critically, product trainings to allow everyone involved to fully understand and constantly improve their knowledge and capability. We are committed to not only hire, manage and develop but retain our skilled and talented employees. During the year, we made adjustments to our employee’s compensation plans according to their contributions and KPI’s achievement and ensure that all our employees share in the success of our Group by providing them with the appropriate incentives and rewards.
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