MISC BERHAD • Annual Report 2016 112 INVESTOR RELATIONS REPORT MISC recognises the importance of engaging with our valued stakeholders to facilitate informed decision-making and evaluation by our investors. Our strong commitment to communicate with the investment community enhances investors’ understanding of the Group. We aim to continuously build and maintain transparent communication with our shareholders, potential investors and the investing community. Through our Group’s Investor Relations (IR) programme, MISC is committed to uphold best practices in corporate governance and ensure timely disclosure of material information to stakeholders. At MISC, a dedicated IR team supports the active participation of the Group’s senior management in various IR engagemen t s wi t h t he f i nanc i a l community and is committed to provide comprehensive insights on the Group’s business performance, strategies and corporate developments. To this end, MISC con t i nuous l y rev i ews and enhances its IR programme and initiatives to ensure a consistent flow of timely and relevant information regarding the Group and its businesses to investors. During the financial year, various IR engagement activities were conducted, which include analysts briefings via audio conferencing on our quarterly financial results, conference calls, corporate events and one-on-one meetings with investors. We also aim to use our IR programme to obtain important feedback from investors and keep ab r ea s t w i t h sha r eho l de r expectations via our various IR engagements throughout the year. Our Board of Directors understands the importance of maintaining an open and credible communication channel with various groups of investors. On 19 April 2016, MISC held its 47th Annual General Meeting (AGM) and Extraordinary General Meeting (EGM) at the Mandarin Oriental, Kuala Lumpur. Through our AGM and EGM, minority shareholders were given the opportunity to interact and receive updates on the operations, financials, business strategies and future prospects of MISC from our President/Group CEO and the Board of Directors. Broader investor communication takes place via our corporate website which remains up-to-date with the latest Group developments and disclosures. Public announcements to Bursa Malaysia and media engagements by the Group are centralised on our corporate website for investors’ easy access. To enhance shareholder’s appreciation MISC’s businesses, the monthly industry newsletter pertaining to the shipping and offshore oil & gas markets are disseminated to the investment community to provide up-toda t e i n f o rma t i on on t he l a t es t developments in our industry. MISC is committed to provide our stakeholders and the public with an independent view of the Group. Comprehensive credit reviews are done periodically with the credit rating agencies, namely Moody’s Investors Services (Moody’s), Standard & Poor’s (S&P) and Malaysian Rating Corporation Berhad (MARC). In May 2016, S&P upgraded MISC’s credit rating to BBB+ with a Stable outlook. The credit rating upgrade is a testament to MISC’s credit strengths, reinforced by our strong operating track record and prudent debt management. MISC’s strong performance across a variety of Environmental, Social and Governance (ESG) practices has once again secured its position as a constituent in the FTSE4Good Bursa Ma l a y s i a I nde x . Be i ng on t h e FTSE4Good Bursa Malaysia Index demonstrates our Group’s commitment i n adhe r i ng t o good co r po r a t e r e spon s i b i l i t y p r ac t i ce s i n ou r businesses. Sustainability reporting is an integral platform for our stakeholders to understand the progress and deve l opmen t s o f t he company, specifically in accordance to the four pillars of sustainability which is the Marketplace, Workplace, Environment and Community. Since 2014, MISC has b e e n p r od u c i n g c o h e s i v e a n d comprehensive disclosures of our sustainability performance through standalone sustainability reports, aligned with and in compliance to regulatory requirements, sustainability guidelines and best practice. We aspire to create long term and sustainable value for shareholders through proactive engagement with shareholders and investors. We strive to c ommu n i c a t e a c c u r a t e l y a n d consistently material information and corporate developments on an equal basis, in accordance with best IR practices and as required under Bursa Malaysia’s Listing Requirements.
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