CHAIRMAN’S STATEMENT At Matrix, we believe strongly in supporting each staff to strive for their fullest potential. Our talent development programmes are customised to meet their individual training needs. Such is the Group’s commitment that we have invested RM274,662 in FY2024 into such capacity building programmes in order to develop high performance behaviours. In instilling a deep sense of belonging in our workforce, Matrix adopts a listening ear to their voice and takes a caring approach toward staff wellbeing. This approach is largely responsible for the conducive and open workplace culture at Matrix and will enable the Group to continue to deliver our strategic objectives in upcoming years. ENSURING SHAREHOLDER REWARD At Matrix, our relationship with our stakeholders goes beyond mere fiduciary obligation. This is reflective in our issuing dividends on a quarterly basis, a tradition we have been faithfully carrying out for the past decade. We reiterate our commitment to drive performance for shareholders’ benefit and to enable strong returns via our dividend policy of a payout ratio of at least 50% of attributable earnings for the financial year. In FY2024, the Group’s total dividend payout was RM125.2 million, compared to RM103.2 million in FY2023. This represents a 50.9% payout of profit after tax, reaffirming Matrix as one of the top dividend yielding companies listed on Bursa Malaysia Securities Berhad. This further aligns with our commitment to deliver sustainable returns to shareholders with consistent dividends. UNIQUE BRAND OF HOSPITALITY The Group’s unique business approach is aptly reflected in its hospitality division, in managing two key establishments. d’Tempat Country Club, in the heart of the Group’s Sendayan Development in Seremban, is recognised as a premier lifestyle and entertainment venue in Seremban. Operating for 10 years to date, it has since proven its capability to cater to large scale events. It is gradually recovering post-pandemic, generating revenue from continued membership subscription and events. d’Sora Boutique Business Hotel, also at Bandar Sri Sendayan, offfers accommodation ideal particularly for business travellers due to the close proximity to Seremban city and the Kuala Lumpur International Airport. With travel demand gradually returning to pre-pandemic levels, average occupancy rate in FY2024 is at 60.5%. OUR DEDICATED WORKFORCE Our workforce has always been our lifeblood in running our operations with admirable professionalism, calibre and capability. Totalling 947 staff within the Group and MMC, their prowess in their respective contributions have made us what and who we are. d’Tempat Country Club - family oriented club Resort Villa Type C Bungalow KEY MESSAGES MATRIX CONCEPTS HOLDINGS BERHAD 30
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