About This Report WHO WE ARE About MISC What We Do How We Move Energy Where We Operate KEY MESSAGES Chairman’s Message President/Group CEO’s Message HIGHLIGHTS Key Highlights 2022 A Look Back at 2022 STRATEGIC REVIEW Strategic Overview How We Create Value Our Strategic Focus Our Material Matters Our Stakeholders Our Operating Environment Our Risks and Mitigation Strategies Delivering Our Strategy SUSTAINABILITY Anchoring Sustainability @ MISC FINANCIAL REVIEW Group Financial Review Financial Calendar Five-Year Group Financial Performance Statement of Value Added and Value Distributed Inside This Report BUSINESS REVIEW Gas Assets & Solutions Petroleum & Product Shipping Offshore Business Marine & Heavy Engineering Integrated Marine Services Port Management & Maritime Services Maritime Education & Training People Development Operating Safely & Sustainably Operating Responsibly LEADERSHIP Our Board at a Glance Our Board of Directors Profiles of the Board of Directors Our Management Committee Profiles of the Management Committee GOVERNANCE Corporate Governance Overview Statement Nomination & Remuneration Committee Report Board Audit Committee Report Board Sustainability & Risk Committee Report Statement on Risk Management & Internal Control Statement of Directors’ Responsibility Additional Compliance Information ADDITIONAL INFORMATION MISC Group Structure Properties Owned by MISC Berhad & Its Subsidiaries List of Vessels & Assets Statistics on Shareholdings Corporate Information List of Abbreviations ANNUAL GENERAL MEETING Notice of Annual General Meeting Administrative Notes relating to the 54th Annual General Meeting Form of Proxy 2 8 10 16 18 22 28 34 36 42 46 52 57 61 63 71 76 86 96 101 102 104 108 112 118 124 130 134 138 144 146 148 240 244 246 255 259 260 266 271 152 154 156 162 164 172 195 203 212 218 236 237 2022 was the year that we intensified our efforts in strengthening our fundamentals, as we continue to focus on project delivery and execution excellence. These efforts are critical to powering our resilience and expanding our capabilities and capacity for new growth areas to grow sustainably and create value in the long term. This includes investing in the development of our talents at sea and shore, strengthening our leadership bench strength, and harnessing digital transformation that will enable us to be future-focused. We will continue fostering strategic collaborations with our stakeholders, to deliver positive business outcomes and drive value creation across the ecosystem as we continue to build a sustainable future together.
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