DESTINI Annual Report 2019

Besides the above, the Company’s Annual Report, circulars and financial results are dispatched on an annual basis to the shareholders to provide an overview of the Group’s business activities and performances, the Share Registrar is available to attend to administrative matters relating to shareholder interests. Leverage on Information Technology for Effective Dissemination of Information The Company’s website at www.destinigroup.com incorporates an Investor Relations section which provides all relevant information on the Company accessible to the public. This section enhances the Investor Relations function by including all announcements made by the Company and its annual reports. The quarterly financial results are announced via Bursa LINK after the Board’s approval. This is important in ensuring equal and fair access to information by the investing public. Shareholders and investors may also forward their queries to the Company via email to info@destinigroup.com . Dialogue with Shareholders Inadditiontothedisseminationofinformationtoshareholders and other interested parties via announcements to Bursa Securities, its website, circulars and press releases, the Board is of the view that the annual and any extraordinary general meetings as ideal opportunities to communicate with shareholders. During general meetings, the Chairman of the Board or the President & Group Chief Executive Officer of the Company will brief shareholders on the Company’s projects and elaborate further on proposals for which the approval of shareholders is being sought. Whilst the Company endeavors to provide as much information as possible to its shareholders, it is also mindful of the legal and regulatory framework governing the release of material and price-sensitive information. 05 GOVERNANCE PART II – CONDUCT OF GENERAL MEETINGS 12. Encourage Shareholders’ Participation at General Meeting The AGM is the principal forum for dialogue with the shareholders. As recommended by the MCCG, the notice of AGM will be dispatched to shareholders at least twenty eight (28) days before the AGM, to allow shareholders to have additional time to go through the Annual Report and make the necessary attendance and voting arrangements. The Notice of AGM, which sets out the business to be transacted at the AGM, is also published in a major local newspaper. The Board will ensure that each item of special business included in the notices of the AGM or extraordinary general meeting is accompanied by a full explanation of the effects of any proposed resolution. At the AGM, the Board will present to the shareholders with a comprehensive report on the progress and performance of the Group and the shareholders are encouraged to participate in the questions and answers session there at, which they will be given the opportunity to raise questions or seek more information during the AGM. Informal discussions will be conducted between the Directors, senior management staff, the shareholders and investors before and after the general meetings. Apart from contacts at general meetings, there is no other formal program or schedule of meetings with investors, shareholders, stakeholders and the public currently. However, the management has the option of calling for meetings with investors/analysts if it deems necessary. Thus far, the management is of the opinion that the existing arrangement is suffice. Attendance of Directors at General Meetings The tentative dates of the AGMwill be discussed and fixed by the Board in advance to ensure that each of the Directors is able to make necessary arrangement to attend the planned AGM. At the Fifteenth (15th) AGM of the Company held on 28 May 2019, all the Directors were present in person to engage directly with shareholders, and be accountable for their stewardship of the Company. CORPORATE GOVERNANCE OVERVIEW STATEMENT DESTINI BERHAD 074