UEM EDGENTA BERHAD ANNUAL REPORT 2021 1 2 3 4 5 6 7 MANAGEMENT DISCUSSION & ANALYSIS 51 50 INVESTOR RELATIONS INVESTOR RELATIONS MARKET PERFORMANCE AND EXPECTATION Dividend Policy UEM Edgenta maintains its dividend policy to distribute at least 50% and up to 80% of its PATANCI, subject to the availability of the Company’s cash flow and future capital expenditure requirements. The dividend policy reflects the Company’s commitment to provide healthy returns to our shareholders. Dividend Declared For FY2021, UEM Edgenta declared a total dividend of 3 sen per share. OUR CONDUCT AT THE ANNUAL GENERAL MEETING The Company held its 58th Annual General Meeting (“AGM”) virtually on 17 June 2021. The move to an online meeting was to ensure that the safety and health of both our shareholders, as well as key stakeholders are constantly safeguarded, and remain our main priority, especially in the midst of the COVID-19 pandemic. During the AGM, our Chairman led the proceedings, which focused on the Company’s commendable results in FY2020. Our Board of Directors, along with key members of the senior management team also participated in the event virtually. We provided responses to questions from shareholders wherever possible; however, queries which could not be answered immediately were duly taken note of and followed up subsequent to the meeting. Focus Areas List of focus areas and issues discussed during engagement with investors include: Group’s performance Future plans Strategy execution Below is a calendar of our key investor meetings, conferences, and briefings held from March 2021 until February 2022: Events Date Meeting with CIMB Principal Asset Management, Kuala Lumpur 15 March 2021 UOB Kay Hian Corporate Day's road show 13 April 2021 Meeting between Firth Investment and UEM Edgenta 14 April 2021 Meeting between Aberdeen Asset Management and UEM Edgenta 20 April 2021 Meeting between Kenanga Investors and UEM Edgenta 26 April 2021 Meeting between Nomura's sell side analyst and UEM Edgenta 26 April 2021 Meeting between Bursa Malaysia and UEM Edgenta on Index Inclusion 11 May 2021 Meeting between Aberdeen Asset Management and UEM Edgenta 10 June 2021 58th Annual General Meeting 17 June 2021 Re-inclusion into FTSE Bursa Emas Index 21 June 2021 Non-deal roadshow by Nomura with UEM Edgenta 7 July 2021 Rakuten Retail Briefing 22 July 2021 RHB Uniquely Sarawak Investor Day 7 September 2021 HLIB Institutional Investors Briefing 12 October 2021 Meeting between BullBearBursa and UEM Edgenta 15 October 2021 Bursa Opportunities Series Webinar 17 January 2022 Small group site visit to UEM Edgenta’s Command & Contact Centre (analysts) 9 February 2022 Return to Shareholders Dividend payout for FY2021 amounts to RM24.9 million, bringing the total return to shareholders of more than RM875 million in the last 8 years. 2021 2020 2019 2018 2017 2016 2015 Final/Interim Dividend Special Dividend 15 7 13 14 14 3 18 EDGENTA-Share Price (Daily)(RM) EDGENTA-Volume (Daily) 75% 64% 72% 180% 79% 64% 59% 2021 2020 2019 2018 2017 2016 2015 2014 92% 20% SHARE PRICE MOVEMENT AND VOLUME TRADED 3.5 3.0 2.5 2.0 1.5 1.0 0.5 20 15 10 5 25 30 0 Net payout ratio (excl. special dividend) Net payout ratio (incl. special dividend) Final/Interim Dividend Including Special Dividend 3/10/2022 1/28/2020 2/10/2020 2/21/2020 3/5/2020 3/18/2020 3/31/2020 4/13/2020 5/12/2020 4/24/2020 5/27/2020 6/10/2020 6/23/2020 7/6/2020 7/17/2020 7/30/2020 8/13/2020 8/27/2020 9/10/2020 9/24/2020 10/7/2020 10/20/2020 11/3/2020 11/16/2020 11/27/2020 12/10/2020 12/23/2020 1/7/2021 1/20/2021 2/4/2021 2/18/2021 3/3/2021 3/16/2021 3/29/2021 4/9/2021 4/22/2021 5/6/2021 5/21/2021 6/4/2021 6/18/2021 7/1/2021 7/14/2021 7/28/2021 8/11/2021 8/24/2021 9/7/2021 9/21/2021 10/4/2021 10/15/2021 10/29/2021 11/12/2021 11/25/2021 12/9/2021 12/22/2021 1/4/2022 1/17/2022 1/31/2022 2/15/2022 2/28/2022 1/14/2020 Research Coverage In 2021, UEM Edgenta was covered by 3 research houses as summarised below: Research House Call Target Price Hong Leong Investment Bank BUY RM2.23 RHB Research NEUTRAL RM1.70 UOB Kay Hian BUY RM2.09 MIDF* BUY RM2.16 Note: Analyst recommendations as at 28 February 2022 (post Full-Year FY2021 results announcement) * MIDF’s analyst recommendation as at 26 November 2021
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