Frontken Corporation Berhad 200401012517 (651020-T) • ANNUAL REPORT 2022 55 CORPORATE GOVERNANCE OVERVIEW STATEMENT (CONT’D) PRINCIPLE C – INTEGRITY IN CORPORATE REPORTING AND MEANINGFUL RELATIONSHIP WITH STAKEHOLDERS I. COMMUNICATION WITH STAKEHOLDERS The Board recognises the importance of being transparent and accountable to the Company’s stakeholders and acknowledges that continuous communication between the Company and its stakeholders facilitates mutual understanding of each other’s objectives and expectations. As such, the Board ensures the supply of clear, comprehensive, and timely information to stakeholders by way of various disclosures and announcements, including quarterly and annual financial results which provide investors with up-to-date financial information of the Group. All these announcements and other information about the Company, which are disseminated according to the Company’s Corporate Disclosure Policy, are available on the Company’s website at www.frontken.com where shareholders, investors and the general public may access. During the year, the Chairman has been actively engaging with institutional investors, analysts and fund managers (both locally and overseas) and carried out investors relations programme to keep the stakeholders abreast of the developments of the Group and answering their questions on the performance of the Group. In addition, the Directors also ensure that engagement with shareholders occurs at least once a year during the AGM to better understand their needs and obtain their feedback. II. CONDUCT OF GENERAL MEETINGS The AGM is the principal forum for shareholder dialogue, allowing shareholders to review the Group’s performance through the Company’s Annual Report and pose questions to the Board for clarification. The 18th AGM of the Company was held at Ballroom 2, Eastin Hotel Kuala Lumpur, Level LG, 13, Jalan 16/11, Off Jalan Damansara, 46350 Petaling Jaya, Selangor Darul Ehsan on Friday, 10 June 2022.The Company has appointed Tricor Investor & Issuing House Services Sdn Bhd as Poll Administrator to conduct the polling process and Scrutineer Solutions Sdn Bhd as Scrutineers to verify the poll results. There was active participation by the shareholders and all Directors were present to engage with shareholders. Moreover, Management and external auditors were also in attendance to respond to shareholders’ queries. A total of 41 questions covering the Company’s financial and non-financial performance were posted by the shareholders prior and during the AGM and they were all answered. The completed list of questions together with the answers were posted on Bursa Securities’ website on 8 July 2022 together with the minutes of the AGM. For a heads up and to manage the shareholders’ expectation, the Chairman before he opened to the floor to ask question, he told all present that he would use his best endeavour to deal with as many questions as possible that day. In the event if there were too many questions or if there is any question that needs further elaboration or the answer is factual in nature and could not be answered or provided that day, the answers would be posted on the Company’s website. The Chairman did manage to answer all the questions save for a few which were included in the Appendix B of the Minutes of the 18th AGM which was posted in Bursa’s website as well the Company’s own website for all to access. The Board has set up the corporate website at www.frontken.com to encourage shareholders and investors to pose questions and queries to the Company. Questions and queries, if any, are attended to by the Company’s Senior Management. In addition, the Board also encourages shareholders and other stakeholders to communicate with the Company through other channels, via post at Suite 301, Block F, Pusat Dagangan Phileo Damansara 1, No. 9, Jalan 16/11, Off Jalan Damansara, 46350 Petaling Jaya, Selangor, Malaysia, fax at (03) 7968 3316 or e-mail at ir@ frontken.com. This Statement is dated 23 March 2023.
RkJQdWJsaXNoZXIy NDgzMzc=