Aside from this, we also ensure that the welfare and wellbeing of ex-servicemen who are retirees from the Air Force, Navy andArmy arenot neglected. It is a commitment by Destini to provide employment opportunities to exservicemen, ever since we commenced our business operations. We acknowledge that the ex-servicemen could contribute positively to the Group even after their retirement and that the valuable experience, skills and mastery in their industries can still be gainfully utilised. In this respect, the Group is proud that it has been a strong source of employment for these ex-servicemen for past years. This has raised the quality of life of these ex-servicemen as there is greater income stability and consequently, better and improved living standards and conditions. Dividend Policy of paying an annual dividend of between 30% - 40% subject to approval by Board of Directors Investment in our resources to ensure long-term benefits to our various stakeholders Reinvestment and diversification Competitive remuneration, compensation, benefits and trainings Continued upliftment of our society’s wellbeing through taxes and donations Rewarding our shareholder Sustaining long term value Advancing our business Investing in our human resources Contributing to society During the massive floods that happened in late 2021 that caused damage to living quarters, vehicles, business premises, public assets and infrastructure in the Klang Valley, the Group provided financial aid and food donations to our employees who were affected by the flood. This further reflect the Group’s focus on keeping the wellbeing of its workforce and addressing the needs of less fortunate among the employees. The Group recognises the correlation between business growth and social well-being and welfare. Therefore, in fulfilling its corporate responsibilities to the community, the Group is obligated to nourish and improve the quality of its surrounding communities . The Group is focused on enhancing community sustainability through various activities and actions to promote community engagement and address the needs of less fortunate and underprivileged families. However, in response to the COVID-19 pandemic and mandated Movement Control Order some of the planned CSR initiatives had to be scaled down. In turn, our initiatives transposed to monetary and goods donation to benefit non-profits, schools, and charitable organizations. OUR COMMITMENT As a responsible corporate citizen, the Group shall endeavour to undertake sustainable and responsible practices to add value to sustainable business growth, environmental stewardship and social responsibility. 51 ANNUAL REPORT 2021 • DESTINI BERHAD
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