Our stronger financial position has placed us on firmer footing and i s e nab l i ng u s t o refocus on a more aggress i ve growth trajectory. RM2.57B Profit before tax RM10.91B revenue RM5.65B CASH BALANCE 0.02x NET DEBT TO EQUITY While higher profits during the year, coupled with a revitalised balance sheet, undoubtedly support a healthier dividend payment to our shareholders, the Group is also mindful of the need to allocate sufficient financial resources to support a renewed growth agenda for MISC. Therefore, the Board of Directors had taken great care in striking an optimum balance between maintaining a reasonable dividend pay-out that commensurates with the financial performance of the Group while conserving sufficient internal resources for investment purposes. In view of this, two interim dividends of 7.5 sen and 12.5 sen per share were declared and paid out in September 2015 and March 2016 respectively. The Board of Directors is recommending a final dividend of 10 sen per share for the financial year subject to shareholder approval at the upcoming Annual General Meeting. MISC continues to create good value for our shareholders through the recognition that we garner on several fronts. We reached a new milestone when we became a constituent of the FTSE4Good Bursa Malaysia Index (also known as the Environmental, Social, Governance or ESG Index) for Malaysian public listed companies towards the start of 2015. The FTSE4Good Bursa Malaysia Index is designed to measure t he pe r f o rmance o f compan i es demonstrating good ESG practices and is aligned with other leading global ESG frameworks such as the Global Reporting Initiative (GRI) and the Carbon Disclosure Project. As a constituent of this index, we are demonstrating our commitment to upholding responsible ESG practices within the Malaysian market. At the World Maritime Day Malaysia (WMD) 2015 conference and exhibition in October 2015, MISC was named the “Best Shipping Company” while subsidiary Akademi Laut Malaysia or chairman’s statement ALAM received the “Best Maritime Education and Training Award”. These awards attest to the Group’s reputation and confidence of our stakeholders in the national maritime industry. Towards sustainable growth The changes we are undergoing as a Group in line with our journey of rediscovery and rebuilding are unfolding at the fundamental level, redefining who we are as an organisation. On 15 January 2016, MISC began a new chapter in its corporate annals with the launch of our new Vision, Mission and Tagline as well as an enhanced logo at its first employee town hall session for the year. Our new Vision calls for MISC “to consistently provide better energy related maritime solutions and services” which reflects our aspirations to forge ahead into the future with optimism, by having a clear perspective of who we are, what we do and how we do it. Correspondingly, our new Mission was also unveiled which resonates with our Vision, mandating us to be consistently better by striving to fulfil the expectations of and making a positive impact on our five key stakeholder groups, namely our customers, employees, communities, the environment and our shareholders. This underscores MISC’s commitment as a responsible and sustainable organisation that appreciates the multiple stakeholders within our ecosystem and the roles that they play towards our success as well as our focus on creating more value for the short, medium and long-terms. All these are underpinned by a new Tagline, “moving energy to build a better world” that encapsulates our ambitions beyond delivering hard targets, towards building a sustainable future for us and the generations to come. REDISCOVER I REBUILD I SUSTAIN 46
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