At Bank Islam, our Investor Relations (IR) function is pivotal in integrating finance, managing communication, coordinating public relations, and corporate governance to connect the Bank with the financial community and other stakeholders effectively. The primary purpose of IR is to ensure effective, fair and transparent communication to our stakeholders. Consequently, a fair valuation of the Bank’s share being reflected via these interactions and communications. Our proactive, relationship-focused IR strategy involves regular engagements with investors, analysts and stakeholders, including quarterly briefings and event-driven interactions. Additionally, we conduct market analysis on industry trends and our peers’ activities as well as closely monitoring on the share prices, analyst reports and investors’ sentiments. This information together with our incorporation of stakeholders’ feedbacks guide our strategic direction and decision-making process as well as help garner support for the Group’s objectives. Furthermore, our IR embraces a diverse stakeholder spectrum, ensuring transparent communication and fostering trust. ESG considerations are integral to our strategy, acknowledging their growing influence in investment decisions. We engage with investors on ESG matters, aligning sustainability with our longterm sustainable value creation by not just focusing solely on financial profitability. Aligning IR with our corporate strategy, we ensure our investor communications reflect and support our overall objectives, demonstrating our commitment to sustained growth and success. This strategic alignment ensures that every aspect of our IR activities further strengthen our pursuit of long-term goals. INVESTOR ENGAGEMENTS: In 2023, Bank Islam embarked on a series of strategic investor relations initiatives, which significantly enhanced our market presence and shareholder value. Additionally, following the semi-annual review of the FTSE Bursa Malaysia Index Series, Bank Islam was successfully admitted into the FTSE Bursa Malaysia Mid 70 Index and FTSE Bursa Malaysia EMAS Shariah Index on 30 November 2023. This inclusion is a testament to our sustained growth and performance, enhancing our visibility and appeal among investors. Roadshows by CGS International Securities Malaysia (21 June and 10 July 2023): Our GCEO and GCFO met with 31 investors from eight asset-management organisations during these roadshows. This initiative played a crucial role in reversing the downward trend of our share price. From a low of RM1.71 on 9 June, the share price rallied to RM2.20 by 31 July 2023. Inaugural Corporate Investor Day (11 October 2023): Attended by 40 analysts and fund managers, this event marked a significant milestone. It showcased our achievements and initiatives as well as enhanced transparency and stakeholder understanding of our operations, financial performance, and prospects. It provided a valuable platform for direct interaction between investors and our management, leading to increased investor confidence and investment. Quarterly Analyst and Investor Engagements: Our 9M2023 Financial Results Briefing was a key factor in stabilising and improving our share price. The average target share price was raised to RM2.32, reflecting strong investability fundamentals, especially after our first interim dividend declaration of 12.59 sen on 30 November. Post-dividend announcement, our share price remained steady, closing at RM2.21 on 29 December. Virtual Engagement Session with Maybank Investment Bank (23 June 2023): A virtual engagement session was held with Maybank Investment Bank. The session attracted a large audience of 72 analysts and fund managers. Media Briefing by Group Corporate Communications (26 June 2023): This briefing further amplified our market presence and instilled investors’ confidence. 74 Bank Islam Malaysia Berhad ◆ Integrated Annual Report 2023 Investor Relations
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