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FRONTKEN CORPORATION BERHAD
(651020-T)
ANNUAL REPORT
2015
Principle 7 – Ensure timely and high quality disclosure
7.1 The Board should ensure the Company has appropriate disclosure policies and procedures
The Board has established an internal Corporate Disclosure Policy in compliance with the disclosure requirements as
set out in the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.
The Board delegated the authority to the Chairman of the Company to ensure that the Corporate Disclosure Policy is
adhered to by Senior Management and the Company Secretaries with respect to disclosure obligations.
7.2 The Board should encourage the Company to leverage on information technology for effective dissemination of information
The Company’s website has a section dedicated to shareholders under Investor Relations where shareholders can
check on the latest announcements of the Company, press release, media news, share and warrant prices and also to
contact the designated person on investor relations matters. The shareholders are also encouraged to subscribe for
any news alert of the Company.
Principle 8 – Strengthen relationship between Company and shareholders
8.1 The Board should take reasonable steps to encourage shareholder participation at general meetings
The Board encourages the attendance of shareholders at the Company’s Annual General Meeting. The notice period
of the Annual General Meeting is given to the shareholders slightly longer than the minimum of 21 clear days. With a
slightly longer time, the shareholders are provided with ample time to review the annual report, to appoint proxies and
to collate questions to be asked at the Annual General Meeting.
General meetings remain the principal forum for dialogue between the Company and its shareholders. The Company
holds its general meetings at the Company’s premises which is easily accessible by the shareholders and at a time
convenient to the shareholders to encourage them to attend and participate in the meetings either in person, by
corporate representative, by proxy or by attorney. The shareholders are encouraged and given sufficient opportunity to
enquire about the Group’s activities and prospects as well as to communicate their expectations and concerns to the
Board at these meetings.
The Company held its Eleventh Annual General Meeting (“Eleventh AGM”) on 25 June 2015. The Notice of AGM, Annual
Report and the related circular were sent to the shareholders in accordance with the regulatory and statutory provisions.
The Notice of the Eleventh AGM was also advertised in a national English newspaper within the prescribed deadline.
During the AGM, the Chairman and Managing Director took on questions and provided the relevant information on the
performance for the financial year 2014. The Chairman, when presenting the agenda items for voting, also gave a brief
description of the items to be voted and shareholders were invited to ask questions before voting commenced.
The shareholders approved all the resolutions put forth at the Eleventh AGM and the results of the Eleventh AGM were
announced to the shareholders via the Bursa Link at the conclusion of the AGM.
Minutes were kept to record the proceedings of the Eleventh AGM and shareholders may inspect the minutes in
accordance with the provisions of the Companies Act, 1965.
8.2 Board should encourage poll voting
At the commencement of the Annual General Meeting after the calling of meeting to order, the Chairman reminds
the shareholders, proxies and corporate representatives on their rights to demand for a poll in accordance with the
provisions of the Articles of Association of the Company for any resolutions. The Chairman is also aware that he could
demand for a poll for substantive resolution to be tabled at the shareholders’ meetings.
CORPORATE GOVERNANCE
STATEMENT
(cont’d)