18 Annual Report 2025 KEY BUSINESS RISK AND MITIGATION STRATEGIES (CONT’D) The Group has implemented the Anti-Bribery Management System (ABMS), Anti-Bribery policy, Code of Conduct and Ethics as published on our website. The Group conducts training for staff about ABMS on yearly basis. The detail risk management and internal control are disclosed in Statement on Risk Management and Internal Control (SORMIC) on pages 44 to 47 in this annual report. The framework enables the Board to continuously identify, assess and manage risks that affect the Group. FORWARD LOOKING STATEMENT The International Monetary Fund (IMF) has projected Malaysia’s real gross domestic product (GDP) growth at 4.5% in 2025, and the government projected real GDP growth of between 4% to 4.5% in 2026. Economic growth is supported by resilient domestic demand, although external risks remain significant. Uncertainty about inflation, interest rate, US reciprocal tariffs and geopolitical tension have disrupted market operations and global supply chain and are not expected to abate in coming year. On the flip side, the same uncertainty does contribute to volatility in trading activities in exchanges, as evident by stellar performances of US and EU stock exchanges this year. Investors are also looking at risk diversifications from over-concentration and potential over-valuation of US stocks. This could augur well for exchanges in emerging markets like Malaysia when liquidity flows in. The Group will stay focused on research and development activities for both immediate and long-term business growth. The objective is to ensure our products are relevant and meet the requirements of the market and customers. We expect our current research activities on AI applications will contribute positively to the Group results. In view of the heightened focus on cyber-security, we anticipate regulators will call for further fortification of cyber-defences of customers’ broking operations and implementation of technology risks guidelines issued by Bursa Malaysia, Securities Commission of Malaysia and Bank Negara Malaysia. EForce will actively participate in strengthening and improving cyber security resiliency in this industry wide initiative. In the Group’s market space, there is increased competition from local and foreign solution providers. Current and prospective customers are also looking to diversify their product and service offerings to improve revenue stream and stand out in a crowded field. The Group’s strategy is to work in lockstep with our customers by leveraging on our deep local domain knowledge and capability to develop innovative and good quality solutions to address their unique business needs. To execute this strategy, the Group is constantly engaged with our customers to understand their business needs, uncover new ways or ideas to achieve their business objectives, thereby contributing to our revenue growth. Concurrently, the Group will optimise utilization of resources for productive gain and improve margin. The Group regularly reviews its resource allocation to ensure our people are concentrating their time and effort on the right activities and get them done right first time, balancing between short- and long-term objectives. The Group remains positive on our business performance in the new financial year 2025/26. DIVIDEND EForce proposed a final single-tier dividend of 0.50 sen per ordinary share, subject to shareholders’ approval in the upcoming 23rd AGM to be held on 4 December 2025. The dividend payout ratio will be 60% of the Group’s profit or 0.50 sen per ordinary share for the current financial year. EForce has no dividend distribution policy as management is of the view that adequate resources must be maintained within the Group for working capital and future expansion needs of the Group. Factors that may influence dividend pay-out include profitability of the Group, the availability of cash balance, adequacy of reserve and economic situation. MANAGEMENT DISCUSSION AND ANALYSIS
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