In formulating this policy, AppAsia Berhad (“AppAsia” or “the Company”) has taken into account the recommendations contained in the Malaysian Code on Corporate Governance (“MCCG”) and its disclosure obligations contained in the Listing Requirements of Bursa Malaysia Securities Berhad (“Bursa”).
The Company has established the following IR structure and responsibility for the implementation of IR programme and strategy:
Spokespersons:
Primary: Chairman
Secondary: Executive Directors (“ED”)
The Company’s Chairman and ED have been appointed to communicate with audience constituents and respond to questions in relation to the corporate vision, strategies, developments, future prospects, financial results and plans, operation matters, etc.
The Company makes use of a broad range of communication channels to disseminate information regarding the Company. These would include:
3.1 Electronic facilities provided by Bursa;
3.2 Press releases;
3.3 Corporate website;
3.4 Emails;
3.5 Road shows or events; and
3.6 Annual General Meetings / General Meetings
The Company has the following programmes and strategies in place to bridge and enhance the relationship with investors or potential investors:
4.1 Announcement of Material Information and Press Release
After the approval from the Board of Directors on releasing material information is obtained, an announcement is made to the Bursa or a company press release will be issued to all major newspapers.
4.2 Annual General Meeting or Extraordinary General Meeting and Press Conference
The Annual General Meeting / General Meeting / Press Conference is held to communicate with the shareholders on the Company’s performance, strategy, proposed corporate exercises, outlook, operational matters, etc.
4.3 Annual and Quarterly Financial Reports
The Annual Report and Quarterly financial reports are submitted to the Bursa and also available on the corporate website of the Company.
4.4 Meetings or Interviews with Investors, Analysts and Media
The spokespersons will meet the shareholders, analysts or media to update them on the Company’s performance, strategy, development, etc.
4.5 Participate in Investor Relations Web Portal
The Company has established a company website including the creation of an IR web portal to reach out to current and potential investors.
5.1 Analysts’ reports
It is the Company’s policy not to provide focused guidance to analysts in their efforts to develop their financial reports or earnings estimate of the Company. The Company will point out factual errors or assumptions which are inconsistent with previously announced information.
5.2 Rumours
It is the Company’s policy not to respond or comment on market rumours and speculation, unless they appear to contain material information or misinformation, or may be reasonably expected to affect the price of the Company’s securities or trading activity in those securities.
The Company has developed various channels for shareholders and major stakeholders to provide their comments and feedback. The Company will consider the relevant comments and feedback received in establishing its corporate strategy.
[email protected]
Tel: +603 2181 3666
The policy shall be reviewed annually by the Board.
