The Group recognises the importance of being
accountable to its investors and as such
has maintained an active and constructive
communication policy that enables the Board
and Management to communicate effectively
with its investors, stakeholders and the public
generally. The Group firmly believes that prompt
and timely information should be provided to
shareholders and investors to enable them to
make informed investment decisions.
| Communications with Stakeholders |
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The Company communicates with its
shareholders and stakeholders through the
timely release of financial results on a quarterly
basis, annual report, press releases and
announcements to Bursa Securities. Financial
results and press releases are also placed on
the corporate website to keep shareholders and
investors informed on the Group’s performance
and operations.
In addition, the Managing Director and Finance
Director hold post-announcement of results
press conferences and discussions with
investment analysts and shareholders. In
addition, management personnel responsible
for investor relations activities meet regularly
with equity research analysts, fund managers,
institutional shareholders and investors on
a one-on-one basis. Presentations are made
to provide comprehensive insight into the
Group’s business strategy, performance and
major developments of the Group’s business
activities. However, information which may be
regarded as undisclosed material information
about the Group will not be provided to any
single shareholder or shareholder group.
The Board regards the AGM as a principal
platform for open communication between the
shareholders, Directors and Senior Management
of the Company. At each AGM, a comprehensive
review of the progress and performance of the
Group’s business together with an overview
of the Group’s activities will be presented
to shareholders. Shareholders are given
opportunity to participate in the question and
answer session on the proposed resolutions
and the Group’s operations. Executive Directors
and the Chairman of the Board, are available
to respond to shareholders’ queries during
the meeting. Where appropriate, the Chairman
will undertake to provide a written response to
any significant question that cannot be readily
answered on the spot. At the 46th AGM of the
Company held on 4 November 2010, in addition
to the above, the Company also shared its
response to the questions submitted in advance
by the Minority Shareholder Watchdog Group.
Each item of special business included in the
notice of the meeting will be accompanied by
a full explanation of the effects of a proposed
resolution. The outcome of the AGM is announced
to Bursa Securities on the same meeting day.
A press conference is normally held after the
AGM where the Chairman, Managing Director
and Finance Director provide updates to the
media and answer questions from the media on
the Group’s plans and activities.
The Company’s corporate website, www.gab.com.my,
is another communication channel for investors
to access information including corporate
information, annual reports, latest press
releases, latest financial results, share prices,
announcements and disclosures made to Bursa
Securities, AGM webcast and corporate social
responsibilities activities of the Group.
The Company also provides an online helpdesk
which allows investors to inquire about investor
relations matters, provide feedback and post
queries or concerns regarding the Group through
the corporate website. The Company will review
each electronic mail received and respond
accordingly to its shareholders and stakeholders
in a timely manner. Any information that may
be regarded as sensitive information about the
Group will not be disclosed.
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