Malaysia Investor Relations Awards 2018

Transcription

1 Malaysia Investor Relations Awards 2018 OCTOBER

2 MALAYSIA INVESTOR RELATIONS (IR) AWARDS 2018 The Investor Relations Awards 2018 (IR Awards) is the largest annual event in the Malaysian Investor Relations Association (MIRA)'s calendar. For the eigth consecutive year, MIRA is proud to host the IR Awards, which marks the culmination of a dedicated initiative by the Association in advancing and promoting good IR practices among listed entities in Malaysia. The awards was presented on Wednesday, 5 December 2018 at Level 1, Ballrooms 1 & 2, Sime Darby Convention Centre, Kuala Lumpur. Objectives of the IR Awards To recognise and celebrate the achievements of top IR performers from the Malaysian listed entities through a comprehensive, independent IR Survey and poll of all relevant buy-side and sell-side firms investing in or covering Malaysian equities To promote good corporate governance, advocating greater transparency and timely, fair disclosure which will ultimately enhance shareholder value for all companies To highlight to other public-listed companies and IR practitioners the exemplary IR practices that they might seek to emulate To recognise the diversity in IR activities and practices which will eventually help boost the standards of IR in these areas To raise the bar for excellence in IR so that the IR function will be regarded as an essential part of corporate DNA Overview of the Annual Malaysian IR Survey In partnership with KPMG Management & Risk Consulting Sdn Bhd, the awards were presented as a result of a survey undertaken between September to October 2018 by a media consultancy firm focusing on evaluating and rating the IR-related activities conducted by Malaysian companies and corporate individuals/professionals in With KPMG's involvement in this year's Awards, besides the criteria stipulated, top companies were also screened through for adverse news, compliance with Bursa Malaysia's Listing Requirements on website announcements and key financial ratios on relevant categories. The Survey approach is based on: A carefully compiled, yet simple questionnaire to help elicit as high response levels as possible. s with provision of website link to questionnaires with criteria for voting, to give the widest coverage and opportunity for participants. Highly targeted potential respondent listings - Responses were only accepted from legitimate investment professionals at brokerage firms/asset managers. Provision of final results, based on verified, weighted responses, to give validity to the findings. The final results were validated by KPMG. Participants Over 900 legitimate investment professionals covering stocks in Bursa Malaysia were invited to take part in the survey. Voting Process Each voter will only be allowed to vote once, and it will be allowable for any voter to give partial response only (i.e. they do not have to complete every part of the question categories in order for their nominations to be accepted). When voting they will be encouraged to submit multiple nominations, scoring firms/individuals in ranking order based on overall quality of knowledge, service and interaction. 2

3 Results Calculation Once nominations have been received, checked and verified, at the close of the poll, calculation and compilation of results will be done. All nominations in each category will be treated separately, and used only to form the result for that category. There will not be any aggregation of nominations across various categories. Separate rankings and results for companies and individuals were collected for the following categories:- Large Cap Medium Cap Small Cap Micro Cap 10 categories surveyed are polled under Large, Mid, Small and Micro based on company size (market capitalisation) referenced against the basket of companies under the FTSE Bursa Malaysia Index Series during that period. The following are the categories polled:- Best Company for IR Best CEO for IR Best CFO for IR Best IR Professional Best IR Website Best IR for an IPO in 2017 Business Knowledge & Insights of an IR Team Most Improved Service from an IR Team Best Quality of Annual Reports/Formal Disclosure Best Quality of One-on-One Meetings 3

4 Supplementary Report This Supplementary Report ( Report ) outlines the investor relations developments at the regional and global landscape, engagement through corporate website, technological modalities for investor relations and analyses on the trends of the winners over the past three years as well as observations from the qualitative and quantitative assessment performed. Disclaimer: The information contained in this Report is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although endeavour is made to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act on such information without appropriate professional advice after a thorough examination of the particular situation. Investor relations developments rise of stewardship The rise of responsible ownership or better known as stewardship is profoundly impacting the roles assumed by the cogs of the capital market wheel, including that of investor relations practitioners. Against the backdrop of intensifying equity ownership by institutional investors and growing consciousness brought about by global stewardship codes, it is only natural to expect proactive engagement between companies and investors to take on the same trajectory. As Larry Fink (the Chief Executive Officer of the largest asset manager in the world, BlackRock) has put it in his open letter to investee companies early this year, the time has come for a new model of shareholder engagement one that strengthens and deepens communication between shareholders and the companies that they own. In an environment whereby asset management companies are establishing dedicated stewardship teams and attendant resources to augment portfolio managers, the narrative and audience of investor relations communication have to evolve in tandem. To this end, investor relations officers ( IROs ) have to go beyond the conventional operational narrative and short-term financial numbers by linking communication with strategy. As practices such as auto piloting (voting solely based on recommendations of proxy advisors) and silent voting (voting without engaging companies) are reduced to that of bygones, investor relations function must utilise investor feedback including that by stewardship teams of asset management companies as a powerful strategic resource. All in all, as portfolio managers focus on investment decisions and stewardship teams champion corporate governance issues, the investor relations function of the company must co-ordinate with in-house management personnel and governance counsels to form a unified engagement approach, including soliciting feedback and providing responses. In seeking to communicate the company s value creation story, IROs should focus on outlining the broad thrust, opportunities and risks of their companies long-term strategies to create financial and social wealth. The words of wisdom professed by a former American politician, Donald Rumsfeld can certainly serve as a useful guide in this regard - There are known knowns things we know we know. There are also known unknowns that is to say there are things we know we do not know. But there are also unknown unknowns, where we don t know what we don t know. This language should strike a chord for any investor relations practitioner that communicates with the investment community in uncertain times: Simply put, the job of an investor is to understand uncertainties and to take a scientific approach to pricing them. On the other hand, the role of the company through an IRO is to aid that process, in part by translating unknown unknowns into known unknowns and the communication should be done within regulatory confines. This newfound environment also certainly calls for greater oversight by the board on investor relations oversight with due consideration given to not only how attractive the company is to investors but also how beneficial an investor is to the company s shareholder portfolio. The greater involvement by boards would increasingly be the case as institutional investors including asset management companies adopt an engagement-first approach to voting whereby concerns are identified and discussed with the aim of resolving issues facing the company. 4

5 Engagement through corporate website Acknowledging the shift in the way we use technology to disseminate information, IROs should harness related modalities by communicating with investors through multiple digital avenues including company website. In fact, pursuant to paragraph/rule 9.21 of the Main Market/ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, every listed issuer must have its own website and information contained therein should be current and informative. A high-quality website with easy access to a company s information would seamlessly enable the process for investors to formulate their judgments. To this end, several leading practices could potentially be explored to allow investors to have a better appreciation on the company s value creation narrative. For instance, a crisp and interactive video (with a duration of two minutes being the common sweet spot ) could be a powerful added feature within a website to summarise the company s business profile. Through the video, investors can have a quick grasp on the company s way of play. Another sleek leading functionality that is worth adopting would be the ability to download (in a spreadsheet friendly format) datadriven reports that are characterised by volume, variety and velocity. This would negate the need for investors to perform swivel chair duties from a word or pdf format document as they could instantly crunch the numbers through the spreadsheet. Another value-add feature to apprise investors is through updates or newsletters as investors would have accessibility at their convenience. are therefore encouraged to send out periodic updates to their investors by leveraging on technology. This can be done vide an newsletter that details the company s progress towards reaching key milestones and status updates on ongoing developments. Technological modalities for investor relations Rapacious technologies are creating waves of change and new opportunities in investor relations as companies are now embarking on digitalisation as we phase into the fourth industrial revolution. Investor relations, by nature, is a strategic communication function that is being transformed by technological developments. Digitisation, social media, data analytics, artificial intelligence, and machine learning are transforming all industries in the corporate landscape. The use of digital distribution channels for company investor communications has become indispensable as the orthodox face-to-face investor meetings are being challenged by an increased demand for virtual engagements such as webcasts, video conferences, webinars and web conferencing. Other innovations such as social media, data analytics, financial technology platforms and even artificial intelligence have further revolutionised these engagement fora. Conventionally, investor relations teams reported numbers to their management teams as static set points throughout the year. Today, with investors having access to so many avenues of information about companies, IROs are now expected to have detailed knowledge and understanding of their companies. This paradigm shift from reactive to proactive means that IROs have to be consistently in tune with the pulse of the industry and market sentiments. In other words, IROs will need to be proficient of their sector nuances, requiring a broad knowledge of industry-related change. Another medium whereby the usage of technology may be impactful is through advocating investor relations practices via social media as it can strategically amplify a company s message. For IROs, monitoring social media channels such as LinkedIn and Twitter is an important part of managing investor relations. Social media is becoming a valuable part of the communications strategy of a successful investor relations program. In this light, IROs should embrace social media as an effective mean to emphasise their corporate story. 5

6 Analyses on the trends of the winners over the past three years Note: The results of the survey was based on popularity voting from the buy-side and sell-side players of the investment community. Arising from this methodology, the trend analyses on the winners of each category are premised on factors such as voting behaviour and perception, rather than exclusively based on industry developments. The observations below outline the trends in the respective award categories, stratified by market capitalisation and industry. Note: Capitalisation has been abbreviated as cap ; Chief Executive Officer as ( CEO ); Chief Financial Officer as ( CFO ); and Investor Relations as ( IR ). Large Cap As depicted in Chart 1, diversified conglomerates have been leading the way for the past three years, taking a dominant share of the awards despite the competitive landscape. For instance, Sime Darby Berhad had won in numerous categories such as Best Company for Investor Relations, Best Investor Relations Website, Best Investor Relations Professional and Best CEO & CFO for Investor Relations. Sime Darby Berhad had also won awards outside of the large cap category including Best Business Knowledge and Insights of Investor Relations Team, Quality of 1-to-1 Meetings and Quality of Annual Reports in This could possibly stem from the availability of resources among conglomerates, whereby a positive correlation between size of company and investor relations programme was observed. Taking conglomerates aside, companies in the commercial banking industry have typically came in second based on pecking order. Malayan Banking Berhad and RHB Capital Berhad/RHB Bank Berhad had won the Best CFO for Investor Relations in 2015 and Additionally, CIMB Group Holdings Berhad had won the Best CFO for Investor Relations in 2017 while Hong Leong Bank Berhad had won the award for the Most Improved Services category in % Chart 1: Winners in the large cap by industry from 2015 to % 20% 7% 47% Conglomerate Commercial Banking Oil and Gas Telecommunications Media 6

7 Medium Cap Similar with the large cap category, the conglomerate industry proclaimed dominance in the share of the awards in the past three years, as shown in Chart 2. Sunway Berhad and Genting Plantations Berhad had both won awards such as Best Company for Investor Relations and Best Investor Relations Professional, Best CEO and Best CFO for Investor Relations and Best Investor Relations Website for the 2015 and 2016 awards. It is interesting to note that the airline industry came in second for the medium cap category, specifically AirAsia Group Berhad and Malaysian Airports Holdings Berhad being awarded for Best Website for Investor Relations, Best Company for Investor Relations, Best CEO for Investor Relations and Best CFO for Investor Relations in Chart 2: Winners in the medium cap by industry from 2015 to % 13% 54% Conglomerate Airline Construction Small Cap in the technology industry under the small cap category, namely, Vitrox Corporation Berhad and Globetronics Technology Berhad, had dominated the awards such as Best Company for Investor Relations, Best Investor Relations Professional, Best CFO for Investor Relations and Best CEO for Investor Relations in 2016 and 2017, as depicted in Chart 3. In 2015 however, it was the property industry that led the small cap category, with companies such as Malton Berhad and Tambun Indah Land Berhad winning almost all of the contested awards. 19% Chart 3: Winners in the small cap by industry from 2015 to % 37% Technology Property Others Construction Micro Cap 31% In the case of micro cap, it was observed over the three years trot, companies in the engineering industry had won the largest share of awards. It is worth highlighting that AWC Berhad, had won almost all of the contested awards in year 2016, while HSS Engineers Berhad had won most awards in 2017 which include Best Company for Investor Relations, Best Investor Relations Professional and Best CEO for Investor Relations. In 2015, it was noted that the Computer Manufacturing Industry, helmed by EG Industries Berhad had won most of the awards. 7

8 Observations from qualitative and quantitative assessments performed In addition to those criteria set by MIRA for the ten distinct award categories, a series of qualitative and quantitative indicators were used as benchmarks to further screen and provide an objective review of the consolidated voting results, specifically for those categories whereby potential award recipients are gridlocked with an equal number of votes. The following entails the findings and observations from the qualitative and quantitative assessment performed. Qualitative assessment Based on the validation exercise performed, it was observed that all of the assessed companies have reflected the publication of announcements made to Bursa Malaysia Securities Berhad on their respective corporate websites, taking into account paragraph 9.21 of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and Rule 9.21 of the ACE Market Listing Requirements of Bursa Malaysia Securities Berhad, As from a corporate governance standpoint, it was observed that most of the selected winners had established a dedicated investor relations function, as advocated in Guidance to Practice 11.1 of the Malaysian Code on Corporate Governance. This serves to underscore the effort expended by such companies to proactively engage with stakeholders, particularly the investment fraternity. In addition, leading companies have explicitly placed investor relations as a matter under the preserve of the board with stakeholder communications policy being formulated to guide the protocol, nature and extent of stakeholder engagement. However, it should be noted that there is still headroom for improvement amongst shortlisted companies in terms of ease of navigation on their corporate websites, which proved to be the tie-breaker for the Best Investor Relations Website category. Features such as investor toolkits, detailed calendar of investor relations events, and alert functionalities have served as distinguishing factors. In addition to compliance to mandatory promulgations on website content, adverse news were also taken into consideration in assessing the state of affairs concerning any potential award winner. Quantitative assessment In relation to the quantitative assessment performed, it is important to note that the relevance of such assessment only apply to two award categories, i.e. Best CEO for IR and Best CFO for IR as an extended criterion for potential winners that are gridlocked with an equal number of votes. These benchmarks have been carefully selected based on the controllability of these indicators against the responsibilities assumed by the key senior management personnel (i.e. the Chief Executive Officer is responsible for the setting of overall strategy execution and day-to-day management whilst the Chief Financial Officer is entrusted with the overall financial planning, reporting and managing the financial risks). In this respect, their performance can somewhat be gauged through financial indicators such as return on equity, dividend per share and current ratio. Financial indicators are a good proxy to gauge the state of the financial health of companies, which translates into returns to investors whereby good financial performance could potentially uplift investor confidence and subsequently, precipitate a positive cycle of growth for the company. It was noted that the winners for the abovementioned categories are indeed ahead of the curve in terms of financial performance as well as nature and extent of investor relations activities. Whilst it is important that companies should seek continuous improvement in their investor relations activities besides focusing on producing healthy financial returns for investors, considerations such as the company s sustainability and externalities to stakeholders should also be taken into account. 8

9 SURVEY FINDINGS THE LEADING FIRMS AND INDIVIDUALS MAIN BOARD - LARGE BEST COMPANY FOR INVESTOR RELATIONS DIGI.COM BERHAD BEST CEO FOR INVESTOR RELATIONS ALBERN MURTY - DIGI.COM BERHAD BEST CFO FOR INVESTOR RELATIONS DATO AMIRUL FEISAL WAN ZAHIR - MALAYAN BANKING BERHAD BEST INVESTOR RELATIONS PROFESSIONAL CHOW SHENG WAI - HONG LEONG BANK BERHAD MAIN / ACE MARKETS - MID BEST COMPANY FOR INVESTOR RELATIONS ALLIANCE BANK MALAYSIA BERHAD BEST CEO FOR INVESTOR RELATIONS LAU KEAN CHEONG INARI AMERTRON BERHAD BEST CFO FOR INVESTOR RELATIONS LIM CHEONG GUAN TOP GLOVE CORPORATION BERHAD BEST INVESTOR RELATIONS PROFESSIONAL TAN HONG IAN ALLIANCE BANK MALAYSIA BERHAD MAIN / ACE MARKETS - SMALL BEST COMPANY FOR INVESTOR RELATIONS AIRASIA X BERHAD BEST CEO FOR INVESTOR RELATIONS DATO AZIZAN JAAFAR GABUNGAN AQRS BERHAD BEST CFO FOR INVESTOR RELATIONS NG CHIN WAH AEMULUS HOLDINGS BERHAD BEST INVESTOR RELATIONS PROFESSIONAL HANIF IDROSE MOHAMED AIRASIA X BERHAD MAIN / ACE MARKETS - MICRO BEST COMPANY FOR INVESTOR RELATIONS KELINGTON GROUP BERHAD 9

10 Main Board Large Best Company for Investor Relations Main Board (Large) 1 DIGI.COM BERHAD 2 MALAYAN BANKING BERHAD 3 CIMB GROUP HOLDINGS BERHAD 4 SIME DARBY BERHAD 5 TENAGA NASIONAL BERHAD 6 HONG LEONG BANK BERHAD 7 KLCC PROP&REITS-STAPLED SECURITIES 8 ASTRO MALAYSIA HOLDINGS BERHAD 9 NESTLE (M) BERHAD 10 PRESS METAL ALUMINIUM HOLDINGS BERHAD 11 PUBLIC BANK BERHAD 12 AXIATA GROUP BERHAD 13 PETRONAS DAGANGAN BERHAD 14 AMMB HOLDINGS BERHAD 15 IHH HEALTHCARE BERHAD 16 TELEKOM MALAYSIA BERHAD 17 MAXIS BERHAD 18 PPB GROUP BERHAD 19 GENTING BERHAD 20 MISC BERHAD 21 PETRONAS CHEMICALS GROUP BERHAD 22 RHB BANK BERHAD 23 SIME DARBY PLANTATION BERHAD 24 GENTING MALAYSIA BERHAD 25 IOI CORPORATION BERHAD 10

11 Best CEO for IR - Main Board (Large) 1 Albern Murty - DIGI.COM BERHAD 2 Datuk Seri Ir. Azman Mohd - TENAGA NASIONAL BERHAD 3 Tengku Dato Sri Zafrul Tengku Abdul Aziz - CIMB GROUP HOLDINGS BERHAD 4 Domenic Fuda - HONG LEONG BANK BERHAD 5 Tan Sri Dato' Sri Tay Ah Lek - PUBLIC BANK BERHAD 6 Tan Sri Jamaludin Ibrahim - AXIATA GROUP BERHAD 7 Datuk Abdul Farid Alias - MALAYAN BANKING BERHAD 8 Tan Sri Dato Paul Koon Poh Keong - PRESS METAL ALUMINIUM HOLDINGS BERHAD 9 Datuk Hashim Wahir - KLCC PROP&REITS-STAPLED SECURITIES 10 Dato Sulaiman Mohd Tahir - AMMB HOLDINGS BERHAD 11 Dato' Rohana Tan Sri Datuk Haji Rozhan - ASTRO MALAYSIA HOLDINGS BERHAD 12 Morten Lundal - MAXIS BERHAD 13 Alois Hofbauer - NESTLE (M) BERHAD 14 Tan Sri Dato Seri Mohd Bakke Salleh - SIME DARBY BERHAD 15 Dr. Tan See Leng - IHH HEALTHCARE BERHAD 16 Datuk Sazali Hamzah - PETRONAS CHEMICALS GROUP BERHAD 17 Dato' Khairussaleh Ramli - RHB BANK BERHAD 18 Dato' Sri Mohammed Shazalli Ramly - TELEKOM MALAYSIA BERHAD 11

12 Best CFO for IR - Main Board (Large) 1 Dato Amirul Feisal Wan Zahir - MALAYAN BANKING BERHAD 2 Shahnaz Farouque Jammal Ahmad - CIMB GROUP HOLDINGS BERHAD 3 Pik Yee Foong - HONG LEONG BANK BERHAD 4 Yik Sook Ling - PUBLIC BANK BERHAD 6 Nakul Sehgal - DIGI.COM BERHAD 5 Datuk Fazlur Rahman Zainuddin - TENAGA NASIONAL BERHAD 7 Nor Fadhilah Mohd Ali - TELEKOM MALAYSIA BERHAD 8 Vivek Sood - AXIATA GROUP BERHAD 9 Martin Peter Kruegel - NESTLE (M) BERHAD 10 Low Soon Teck - IHH HEALTHCARE BERHAD 11 Annuar Marzuki Abdul Aziz - KLCC PROP&REITS-STAPLED SECURITIES 12 Norliwati Abd Wahab - PETRONAS DAGANGAN BERHAD 13 Renaka Ramachandran - SIME DARBY PLANTATION BERHAD 14 Shafiq Abdul Jabbar - ASTRO MALAYSIA HOLDINGS BERHAD 15 Chong Kin Leong - GENTING BERHAD 16 Nasution Mohamed - MAXIS BERHAD 17 Tai Choong Loo - PRESS METAL ALUMINIUM HOLDINGS BERHAD Best IR Professional Main Board (Large) 1 Chow Sheng Wai - HONG LEONG BANK BERHAD 2 Winnie Ooi Guat Suan - DIGI.COM BERHAD 3 Steven Tan Chek Chye - CIMB GROUP HOLDINGS BERHAD 4 Jeeva Arulampalam - MALAYAN BANKING BERHAD 5 Ng Seiw Kuan - PUBLIC BANK BERHAD 6 Anis Ramli - TENAGA NASIONAL BERHAD 7 Bindu Menon - KLCC PROP&REITS-STAPLED SECURITIES 8 Sharifah Naelah Alhabshi - MAXIS BERHAD 9 Clare Chin - AXIATA GROUP BERHAD 10 Penelope Koh - IHH HEALTHCARE BERHAD 11 Azreen Manap - ASTRO MALAYSIA HOLDINGS BERHAD 12 Benjamin Poh Chee Fong - SIME DARBY PLANTATION BERHAD 13 Chelsea Cheng - AMMB HOLDINGS BERHAD 14 Zaida Alia Shaari - PETRONAS CHEMICALS GROUP BERHAD 15 Tai Choong Loo - PRESS METAL ALUMINIUM HOLDINGS BERHAD 12

13 Best IR Professional Main Board (Large) 16 Christine Lau - SIME DARBY BERHAD 17 Rohaila Mohamed Basir - TELEKOM MALAYSIA BERHAD Best IR Website - Main Board (Large) 1 CIMB GROUP HOLDINGS BERHAD 2 DIGI.COM BERHAD 3 ASTRO MALAYSIA HOLDINGS BERHAD 4 MALAYAN BANKING BERHAD 5 TENAGA NASIONAL BERHAD 6 AXIATA GROUP BERHAD 7 NESTLE (M) BERHAD 8 AMMB HOLDINGS BERHAD 9 GENTING BERHAD 10 IHH HEALTHCARE BERHAD 11 KLCC PROP&REITS-STAPLED SECURITIES 12 TELEKOM MALAYSIA BERHAD 13 HONG LEONG BANK BERHAD 14 PRESS METAL ALUMINIUM HOLDINGS BERHAD 15 SIME DARBY BERHAD 16 MAXIS BERHAD 17 PETRONAS DAGANGAN BERHAD 18 GENTING MALAYSIA BERHAD 19 PETRONAS CHEMICALS GROUP BERHAD 20 PUBLIC BANK BERHAD 21 PPB GROUP BERHAD 13

14 MAIN /ACE MARKETS - MID Best Company for Investor Relations - Main / Ace Markets (Mid) 1 ALLIANCE BANK MALAYSIA BERHAD 2 INARI AMERTRON BERHAD 3 AIRASIA BERHAD 4 YINSON HOLDINGS BERHAD 5 AEON CREDIT SERVICE (M) BERHAD 6 VITROX CORPORATION BERHAD 7 CAHYA MATA SARAWAK BERHAD 8 QL RESOURCES BERHAD 9 TOP GLOVE CORPORATION BERHAD 10 AEON CO. (M) BERHAD 11 GAMUDA BERHAD 12 HARTALEGA HOLDINGS BERHAD 13 GLOBETRONICS TECHNOLOGY BERHAD 14 IJM CORPORATION BERHAD 15 MALAYSIA AIRPORTS HOLDINGS BERHAD 16 SUNWAY BERHAD 17 SERBA DINAMIK HOLDINGS BERHAD 18 ANN JOO RESOURCES BERHAD 19 BIMB HOLDINGS BERHAD 20 SUNWAY REAL ESTATE INVESTMENT TRUST 21 V.S INDUSTRY BERHAD 22 AFFIN HOLDINGS BERHAD 23 AXIS REAL ESTATE INVESTMENT TRUST 24 ECO WORLD INTERNATIONAL BERHAD 25 SAPURA ENERGY BERHAD 26 SUNWAY CONSTRUCTION GROUP BERHAD 27 ECO WORLD DEVELOPMENT GROUP BERHAD 28 HEINEKEN MALAYSIA BERHAD 29 UMW HOLDINGS BERHAD 30 BERMAZ AUTO BERHAD 31 BUMI ARMADA BERHAD 32 7-ELEVEN MALAYSIA HOLDINGS BERHAD 14

15 Best Company for Investor Relations - Main / Ace Markets - Mid (Con t) 33 KERJAYA PROSPEK GROUP BERHAD 34 KPJ HEALTHCARE BERHAD 35 MALAKOFF CORPORATION BERHAD 36 SP SETIA BERHAD 37 FGV HOLDINGS BERHAD 38 GAS MALAYSIA BERHAD 39 GENTING PLANTATIONS BERHAD 40 MAH SING GROUP BERHAD 41 MY E.G. SERVICES BERHAD 42 VELESTO ENERGY BERHAD 43 WESTPORTS HOLDINGS BERHAD Best CEO for IR - Main / Ace Markets (Mid) 1 Lau Kean Cheong - INARI AMERTRON BERHAD 2 Dato' Lee Kim Meow - TOP GLOVE CORPORATION BERHAD 3 Lim Chern Yuan - YINSON HOLDINGS BERHAD 4 Kuan Mun Leong - HARTALEGA HOLDINGS BERHAD 5 Chu Jenn Weng - VITROX CORPORATION BERHAD 6 Tan Sri Dr.Tony Fernandes - AIRASIA BERHAD 7 Joel Kornreich - ALLIANCE BANK MALAYSIA BERHAD 8 Dato' Soam Heng Choon - IJM CORPORATION BERHAD 9 Badrul Feisal Bin Abdul Rahim - UMW HOLDINGS BERHAD 10 Khairul Kamarudin - BIMB HOLDINGS BERHAD 11 Dato' Chang Kim Wah - ECO WORLD DEVELOPMENT GROUP BERHAD 12 YM Raja Azmi Raja Nazuddin - MALAYSIA AIRPORTS HOLDINGS BERHAD 13 Dato' Khor Chap Jen - SP SETIA BERHAD 14 Dato' Jeffrey Ng - SUNWAY REAL ESTATE INVESTMENT TRUST 15 Leong Kit May - AXIS REAL ESTATE INVESTMENT TRUST 16 Dato' Sri Yeoh Choon San - BERMAZ AUTO BERHAD 17 YBhg Dato Isaac Lugun - CAHYA MATA SARAWAK BERHAD 18 Dato' Heng Huck Lee - GLOBETRONICS TECHNOLOGY BERHAD 19 Philip Ho - PAVILION REAL ESTATE INVTMENT TRUST 20 Dr. Chia Song Kooi - QL RESOURCES BERHAD 15

16 Best CFO for IR - Main / Ace Markets (Mid) 1 Lim Cheong Guan - TOP GLOVE CORPORATION BERHAD 2 Syed Hizam Alsagoff - CAHYA MATA SARAWAK BERHAD 3 Raymond Wong Lai Loong - ALLIANCE BANK MALAYSIA BERHAD 4 Ng Kok Choon - GLOBETRONICS TECHNOLOGY BERHAD 5 Ng Bee Lien - SUNWAY CONSTRUCTION GROUP BERHAD 6 Chong Chin Siong - V.S INDUSTRY BERHAD 7 Ho Guan Ming - YINSON HOLDINGS BERHAD 8 Malkit Singh Maan - BIMB HOLDINGS BERHAD 9 Chong Poh Leng - INARI AMERTRON BERHAD 10 Lim Kim Seng - VITROX CORPORATION BERHAD 11 Kuan Mun Keng - HARTALEGA HOLDINGS BERHAD 12 Choy Kah Yew - SP SETIA BERHAD 13 Chong Chang Choong - SUNWAY BERHAD 14 Irene Sin May Lin - SUNWAY REAL ESTATE INVESTMENT TRUST 15 Long Sher Neng - TIME DOTCOM BERHAD 16 Azmin Bin Che Yusoff - UMW HOLDINGS BERHAD 17 Rafiza Ghazali - VELESTO ENERGY BERHAD 18 Tham Eng Huak - UNISEM (M) BERHAD Best IR Professional - Main / Ace Markets (Mid) 1 Tan Hong Ian - ALLIANCE BANK MALAYSIA BERHAD 2 Zeid Razak - MALAYSIA AIRPORTS HOLDINGS BERHAD 3 See Sook Fong - TOP GLOVE CORPORATION BERHAD 4 Jessica Lim - YINSON HOLDINGS BERHAD 5 Azril Rashid - ECO WORLD DEVELOPMENT GROUP BERHAD 6 Clarence Gerard Boudville - GAMUDA BERHAD 7 Mandy Lim - SUNWAY BERHAD 8 Crystal Teh - SUNWAY REAL ESTATE INVT TRUST 9 Esme Law - AIRASIA BERHAD 10 Lim Chee Keat - CARLSBERG BREWERY MALAYSIA BERHAD 11 Shane Guha Thakurta - IJM CORPORATION BERHAD 12 Freddie Yap - QL RESOURCES BERHAD 13 S. Vikneshwaran - UMW HOLDINGS BERHAD 14 Chee Kok Meng - VITROX CORPORATION BERHAD 15 Kamarul Ariffin Mohd Jamil - AFFIN HOLDINGS BERHAD 16 Chan Tze Wee - AXIS REAL ESTATE INVESTMENT TRUST 17 Sarina Mohd. Ali - BIMB HOLDINGS BERHAD 16

17 Best IR Professional Main / Ace Markets - Mid (Con t) 18 Sahil Singh Dev - CAHYA MATA SARAWAK BERHAD 19 Jerry Lee, CFA - GD EXPRESS CARRIER BERHAD 20 Ng Kok Choon - GLOBETRONICS TECHNOLOGY BERHAD 21 Kuan Mun Leong - HARTALEGA HOLDINGS BERHAD 22 Chong Poh Leng - INARI AMERTRON BERHAD 23 Khaw Bee Nee - MAH SING GROUP BERHAD 24 Rais Imran - SAPURA ENERGY BERHAD 25 Syed Nazim bin Syed Faisal - SERBA DINAMIK HOLDINGS BERHAD 26 Justine Jiew - SP SETIA BERHAD 27 Delano Abdul Kadir - TIME DOTCOM BERHAD 28 Chong Chin Siong - V.S INDUSTRY BERHAD Best IR Website - Main / Ace Markets (Mid) 1 AIRASIA BERHAD 2 ALLIANCE BANK MALAYSIA BERHAD 3 AEON CREDIT SERVICE (M) BERHAD 4 HARTALEGA HOLDINGS BERHAD 5 INARI AMERTRON BERHAD 6 7-ELEVEN MALAYSIA HOLDINGS BERHAD 7 AEON CO. (M) BERHAD 8 CAHYA MATA SARAWAK BERHAD 9 MALAYSIA AIRPORTS HOLDINGS BERHAD 10 SUNWAY REAL ESTATE INVESTMENT TRUST 11 AXIS REAL ESTATE INVESTMENT TRUST 12 ECO WORLD DEVELOPMENT GROUP BERHAD 13 GAMUDA BERHAD 14 YINSON HOLDINGS BERHAD 15 AFFIN HOLDINGS BERHAD 16 BERMAZ AUTO BERHAD 17 CARLSBERG BREWERY MALAYSIA BERHAD 18 DIALOG GROUP BERHAD 19 HEINEKEN MALAYSIA BERHAD 20 KPJ HEALTHCARE BERHAD 21 TOP GLOVE CORPORATION BERHAD 22 UMW HOLDINGS BERHAD 23 VITROX CORPORATION BERHAD 24 ANN JOO RESOURCES BERHAD 25 BIMB HOLDINGS BERHAD 17

18 Best IR Website - Main / Ace Markets - Mid (Con t) 26 BRITISH AMERICAN TOBACCO (MALAYSIA) BERHAD 27 BUMI ARMADA BERHAD 28 FRASER & NEAVE HOLDINGS BERHAD 29 GENTING PLANTATIONS BERHAD 30 GLOBETRONICS TECHNOLOGY BERHAD 31 LOTTE CHEMICAL TITAN HOLDING BERHAD 32 MALAKOFF CORPORATION BERHAD 33 MY E.G. SERVICES BERHAD 34 PADINI HOLDINGS BERHAD 35 SAPURA ENERGY BERHAD 36 SERBA DINAMIK HOLDINGS BERHAD 37 SP SETIA BERHAD 38 SUNWAY BERHAD 39 UEM EDGENTA BERHAD 40 UNISEM (M) BERHAD MAIN / ACE MARKETS SMALL Best company for Investor Relations - Main / Ace Markets (Small) 1 AIRASIA X BERHAD 2 LBS BINA GROUP BERHAD 3 HIBISCUS PETROLEUM BERHAD 4 AHMAD ZAKI RESOURCES BERHAD 5 DAIBOCHI PLASTIC & PACKAGING INDUSTRY BERHAD 6 ADVANCECON HOLDINGS BERHAD 7 DAGANG NEXCHANGE BERHAD 8 ENGTEX GROUP BERHAD 9 HEVEABOARD BERHAD 10 MATRIX CONCEPTS HOLDINGS BERHAD 11 BIOALPHA HOLDINGS BERHAD 12 DELEUM BERHAD 13 ECONPILE HOLDINGS BERHAD 14 FRONTKEN CORPORATION BERHAD 15 GABUNGAN AQRS BERHAD 16 MEDIA PRIMA BERHAD 17 MRCB-QUILL REIT 18 MYNEWS HOLDINGS BERHAD 19 SURIA CAPITAL HOLDINGS BERHAD 18

19 Best company for Investor Relations - Main / Ace Markets Small (Con t) 20 CHIN WELL HOLDINGS BERHAD 21 PECCA GROUP BERHAD 22 LAMBO GROUP BERHAD 23 AEMULUS HOLDINGS BERHAD 24 AMWAY (M) HOLDINGS BHD 25 D&O GREEN TECHNOLOGIES BERHAD 26 HUA YANG BERHAD 27 I-BERHAD 28 ISKANDAR WATERFRONT CITY BERHAD 29 MMS VENTURES BERHAD 30 OCK GROUP BERHAD 31 PESTECH INTERNATIONAL BERHAD 32 PUC BERHAD 33 SCGM BERHAD 34 FAVELLE FAVCO BERHAD 35 GHL SYSTEMS BERHAD 36 GFM SERVICES BERHAD 37 DKSH HOLDINGS(M)BERHAD Best CEO for IR - Main Board Main / Ace Markets (Small) 1 Dato' Azizan Jaafar - GABUNGAN AQRS BERHAD 2 Benyamin Ismail - AIRASIA X BERHAD 3 Thomas Lim Soo Koon - DAIBOCHI PLASTIC & PACKAGING INDUSTRY BERHAD 4 Yoong Hau Chun- HEVEABOARD BERHAD 5 Tay Kheng Chiong - D&O GREEN TECHNOLOGIES BERHAD 6 Zainal Abidin Bin Abdul Jalil - DAGANG NEXCHANGE BERHAD 7 Raymond Pang - ECONPILE HOLDINGS BERHAD 8 Ruslan Bin Nordin - GFM SERVICES BERHAD 9 Tan Keng Kang - HAI-O ENTERPRISE BERHAD 10 Datuk Chay Wai Leong - KENANGA INVESTMENT BANK BERHAD 11 Datuk Lee Tian Hock - MATRIX CONCEPTS HOLDINGS BERHAD 12 Datuk Kamal Bin Khalid - MEDIA PRIMA BERHAD 13 Yong Su Lin - MRCB-QUILL REIT 14 Datuk Seri Wong Chun Wai - STAR MEDIA GROUP BERHAD 15 Lim Ee Young - YEE LEE CORPORATION BERHAD 19

20 Best CFO for IR - Main / Ace Markets (Small) 1 Ng Chin Wah - AEMULUS HOLDINGS BERHAD 2 Lee Han Yung - D&O GREEN TECHNOLOGIES BERHAD 3 Ow Yin Yee - GABUNGAN AQRS BERHAD 4 Hew Von Kin - HAI-O ENTERPRISE BERHAD 5 Farnida Binti Ngah - MEDIA PRIMA BERHAD 6 Steve Neoh - TAMBUN INDAH LAND BERHAD 7 Rachel Wong Mee Yen - AIRASIA X BERHAD 8 Lee Hai Peng - CHIN HIN GROUP BERHAD 9 Jayanthi Gunaratnam - DELEUM BERHAD 10 Khoo Chong Keong - ENGTEX GROUP BERHAD 11 Jeffery Mohamad Akhir - GFM SERVICES BERHAD 12 Brandon Ong - GLOMAC BERHAD 13 Joe Tan Hwai Lun - HUA YANG BERHAD 14 Cheong Boon Kak - KENANGA INVESTMENT BANK BERHAD 15 Yam Tai Fong - KIMLUN CORPORATION BERHAD 16 Ragesh Rajendran - STAR MEDIA GROUP BERHAD 17 Shirley Chen Ooi Wai - TUNE PROTECT GROUP BERHAD Best IR Professional - Main / Ace Markets (Small) 1 Hanif Idrose Mohamed - AIRASIA X BERHAD 2 Victor Lim Seng Lee - LBS BINA GROUP BERHAD 3 Ng Chin Wah - AEMULUS HOLDINGS BERHAD 4 Ridhwan Effendy - GABUNGAN AQRS BERHAD 5 Hew Von Kin - HAI-O ENTERPRISE BERHAD 6 Grace Chang - PUC BERHAD 7 Lee Han Yung - D&O GREEN TECHNOLOGIES BERHAD 8 Sharifah Kasim Al Edrus - DAGANG NEXCHANGE BERHAD 9 Stephanie Liew - HSS ENGINEERS BERHAD 10 Chuah Sze Phing - KENANGA INVESTMENT BANK BERHAD 11 Mohd Fadzli Bin Suhaimi - MATRIX CONCEPTS HOLDINGS BERHAD 12 Joyce Loh - MRCB-QUILL REIT 13 Janice Teh - PERDANA PETROLEUM BERHAD 14 Affryll Teo - TUNE PROTECT GROUP BERHAD 20

21 Best IR Website - Main / Ace Markets (Small) 1 AIRASIA X BERHAD 2 AHMAD ZAKI RESOURCES BERHAD 3 AEMULUS HOLDINGS BERHAD 4 HIBISCUS PETROLEUM BERHAD 5 ADVANCECON HOLDINGS BERHAD 6 BARAKAH OFFSHORE PETROLEUM BERHAD 7 LBS BINA GROUP BERHAD 8 MATRIX CONCEPTS HOLDINGS BERHAD 9 CYPARK RESOURCES BERHAD 10 D&O GREEN TECHNOLOGIES BERHAD 11 ECONPILE HOLDINGS BERHAD 12 LAMBO GROUP BERHAD 13 CARING PHARMACY GROUP BERHAD 14 CHIN HIN GROUP BERHAD 15 DAIBOCHI PLASTIC & PACKAGING INDUSTRY BERHAD 16 FRONTKEN CORPORATION BERHAD 17 GHL SYSTEMS BERHAD 18 HSS ENGINEERS BERHAD 19 KAREX BERHAD 20 KUMPULAN PERANGSANG SELANGOR BERHAD 21 MEDIA PRIMA BERHAD 22 STAR MEDIA GROUP BERHAD 23 SUPERMAX CORPORATION BERHAD 24 YEE LEE CORPORATION BERHAD 25 AMWAY (M) HOLDINGS BERHAD 26 GABUNGAN AQRS BERHAD MAIN / ACE MARKETS MICRO Best Company for Investor Relations - Main / Ace Markets (Micro) Company 1 KELINGTON GROUP BERHAD 21

22 MAIN / ACE MARKETS ALL MALAYSIAN COMPANIES Best IR for an IPO in All Malaysian 1 SERBA DINAMIK HOLDINGS BERHAD 2 ECO WORLD INTERNATIONAL BERHAD 3 ADVANCECON HOLDINGS BERHAD 4 LOTTE CHEMICAL TITAN HOLDING BERHAD 5 INTA BINA GROUP BERHAD 6 KIP REAL ESTATE INVESTMENT TRUST 7 KEJURUTERAAN ASASTERA BERHAD 8 EVERSAFE RUBBER BERHAD 9 HLT GLOBAL BERHAD 10 CABNET HOLDINGS BERHAD Business Knowledge & Insights of IR Team - All Malaysian 1 HARTALEGA HOLDINGS BERHAD 2 HONG LEONG BANK BERHAD 3 TOP GLOVE CORPORATION BERHAD 4 TENAGA NASIONAL BERHAD 5 PUBLIC BANK BERHAD 6 QL RESOURCES BERHAD 7 SERBA DINAMIK HOLDINGS BERHAD 8 CIMB GROUP HOLDINGS BERHAD 9 DIGI.COM BERHAD 10 SUNWAY CONSTRUCTION GROUP BERHAD 11 SUNWAY REAL ESTATE INVT TRUST 12 ALLIANCE BANK MALAYSIA BERHAD 13 BERMAZ AUTO BERHAD 14 IHH HEALTHCARE BERHAD 15 INARI AMERTRON BERHAD 16 LBS BINA GROUP BERHAD 17 SUNWAY BERHAD 18 AIRASIA BERHAD 19 AIRASIA X BERHAD 20 AMMB HOLDINGS BERHAD 21 ASTRO MALAYSIA HOLDINGS BERHAD 22 AXIATA GROUP BERHAD 22

23 Business Knowledge & Insights of IR Team - All Malaysian (Con t) 23 AXIS REITS 24 CAHYA MATA SARAWAK BERHAD 25 DAIBOCHI PLASTIC & PACKAGING 26 GAMUDA BERHAD 27 MALAYAN BANKING BERHAD 28 SIME DARBY BERHAD 29 V.S INDUSTRY BERHAD 30 ECO WORLD DEVELOPMENT GROUP BERHAD 31 ECO WORLD INTERNATIONAL BERHAD 32 HIBISCUS PETROLEUM BERHAD 33 HSS ENGINEERS BERHAD 34 KLCC PROP&REITS-STAPLED SEC 35 KPJ HEALTHCARE BERHAD 36 NESTLE (M) BERHAD 37 PETRONAS DAGANGAN BERHAD 38 PUC BERHAD 39 SAPURA ENERGY BERHAD 40 SCGM BERHAD 41 SIME DARBY PROPERTY BERHAD 42 TIME DOTCOM BERHAD 43 UMW HOLDINGS BERHAD 44 UZMA BERHAD 45 VITROX CORPORATION BERHAD 46 YINSON HOLDINGS BERHAD 47 AEON CREDIT SERVICE (M) BERHAD 48 AFFIN HOLDINGS BERHAD 49 AWC BERHAD 50 D&O GREEN TECHNOLOGIES BERHAD 51 ENGTEX GROUP BERHAD 52 GD EXPRESS CARRIER BERHAD 53 IJM CORPORATION BERHAD 54 KELINGTON GROUP BERHAD 55 MAH SING GROUP BERHAD 56 MALAYSIA AIRPORTS HOLDINGS BERHAD 57 MYNEWS HOLDINGS BERHAD 58 OLDTOWN BERHAD 59 PETRONAS CHEMICALS GROUP BERHAD 60 POWER ROOT BERHAD 61 PRESS METAL ALUMINIUM HOLDINGS BERHAD 62 SIME DARBY PLANTATION BERHAD 23

24 Business Knowledge & Insights of IR Team - All Malaysian (Con t) 63 SP SETIA BERHAD 64 SPRITZER BERHAD 65 TELEKOM MALAYSIA BERHAD 66 UOA DEVELOPMENT BERHAD 67 WCT HOLDINGS BERHAD 68 KUALA LUMPUR KEPONG BERHAD 69 PHARMANIAGA BERHAD Most Improved Service from IR Team - All Malaysian 1 HONG LEONG BANK BERHAD 2 7-ELEVEN MALAYSIA HOLDINGS BERHAD 3 ABM FUJIYA BERHAD 4 AMMB HOLDINGS BERHAD 5 ASTRO MALAYSIA HOLDINGS BERHAD 6 TAN CHONG MOTOR HOLDINGS BERHAD 7 AEON CREDIT SERVICE (M) BERHAD 8 AFFIN HOLDINGS BERHAD 9 AIRASIA X BERHAD 10 ALLIANCE BANK MALAYSIA BERHAD 11 ELK-DESA RESOURCES BERHAD 12 ENGTEX GROUP BERHAD 13 IHH HEALTHCARE BERHAD 14 KLCC PROP&REITS-STAPLED SECURITIES 15 LOTTE CHEMICAL TITAN HOLDING BERHAD 16 MALAYAN BANKING BERHAD 17 MMS VENTURES BERHAD 18 PRESS METAL ALUMINIUM HOLDINGS BERHAD 19 SERBA DINAMIK HOLDINGS BERHAD 20 UMW HOLDINGS BERHAD 21 ANN JOO RESOURCES BERHAD 22 AXIATA GROUP BERHAD 23 CHEMICAL COMPANY OF MALAYSIA BERHAD 24 ECO WORLD INTERNATIONAL BERHAD 25 ELSOFT RESEARCH BERHAD 26 FRASER & NEAVE HOLDINGS BERHAD 27 FRONTKEN CORPORATION BERHAD 28 HARTALEGA HOLDINGS BERHAD 29 HSS ENGINEERS BERHAD 30 KELINGTON GROUP BERHAD 24

25 Most Improved Service from IR Team - All Malaysian 31 LONDON BISCUITS BERHAD 32 MALAYSIA AIRPORTS HOLDINGS BERHAD 33 MAXIS BERHAD 34 PUBLIC BANK BERHAD 35 QL RESOURCES BERHAD 36 TOP GLOVE CORPORATION BERHAD 37 UEM EDGENTA BERHAD 38 UEM SUNRISE BERHAD 39 UMW OIL & GAS CORPORATION BERHAD 40 V.S INDUSTRY BERHAD 41 ADVANCECON HOLDINGS BERHAD 42 DIGI.COM BERHAD 43 PAVILION REAL ESTATE INVESTMENT TRUST 25

26 Best Quality of One-on-One Meetings - All Malaysian 1 PUBLIC BANK BERHAD 2 DIGI.COM BERHAD 3 HONG LEONG BANK BERHAD 4 QL RESOURCES BERHAD 5 SERBA DINAMIK HOLDINGS BERHAD 6 FRONTKEN CORPORATION BERHAD 7 HARTALEGA HOLDINGS BERHAD 8 INARI AMERTRON BERHAD 9 KELINGTON GROUP BERHAD 10 TOP GLOVE CORPORATION BERHAD 11 CIMB GROUP HOLDINGS BERHAD 12 SUNWAY CONSTRUCTION GROUP BERHAD 13 VITROX CORPORATION BERHAD 14 AMMB HOLDINGS BERHAD 15 V.S INDUSTRY BERHAD 16 BERMAZ AUTO BERHAD 17 ALLIANCE BANK MALAYSIA BERHAD 18 AXIATA GROUP BERHAD 19 AXIS REITS 20 D&O GREEN TECHNOLOGIES BERHAD 21 GLOBETRONICS TECHNOLOGY BERHAD 22 IHH HEALTHCARE BERHAD 23 SCGM BERHAD 24 TENAGA NASIONAL BERHAD 25 UOA DEVELOPMENT BERHAD 26 SUNWAY REAL ESTATE INVT TRUST 27 AIRASIA X BERHAD 28 ECO WORLD INTERNATIONAL BERHAD 29 ECONPILE HOLDINGS BERHAD 30 HAI-O ENTERPRISE BERHAD 31 HEVEABOARD BERHAD 32 HSS ENGINEERS BERHAD 33 IJM CORPORATION BERHAD 34 KLCC PROP&REITS-STAPLED SEC 35 LBS BINA GROUP BERHAD 36 MALAYSIA AIRPORTS HOLDINGS BERHAD 37 MYNEWS HOLDINGS BERHAD 38 HIBISCUS PETROLEUM BERHAD 26

27 Best Quality of One-on-One Meetings - All Malaysian (Con t) 39 MALAYAN BANKING BERHAD 40 MATRIX CONCEPTS HOLDINGS BERHAD 41 MEDIA PRIMA BERHAD 42 ALLIANZ MALAYSIA BERHAD 43 ASTRO MALAYSIA HOLDINGS BERHAD 44 CHIN HIN GROUP BERHAD 45 ENGTEX GROUP BERHAD 46 GAMUDA BERHAD 47 HIAP TECK VENTURE BERHAD 48 OCK GROUP BERHAD 49 PUC BERHAD 50 SAPURA ENERGY BERHAD 51 SP SETIA BERHAD 52 SUNWAY BERHAD 53 TAMBUN INDAH LAND BERHAD 54 TIME DOTCOM BERHAD 55 UMW HOLDINGS BERHAD 56 WCT HOLDINGS BERHAD 57 YINSON HOLDINGS BERHAD 58 ADVANCECON HOLDINGS BERHAD 59 BIMB HOLDINGS BERHAD 60 BIOALPHA HOLDINGS BERHAD 61 CAHYA MATA SARAWAK BERHAD 62 DAIBOCHI PLASTIC & PACKAGING 63 DELEUM BERHAD 64 HAP SENG CONSOLIDATED BERHAD 65 KPJ HEALTHCARE BERHAD 66 MAH SING GROUP BERHAD 67 PADINI HOLDINGS BERHAD 68 POWER ROOT BERHAD 69 SIME DARBY PROPERTY BERHAD 70 SURIA CAPITAL HOLDINGS BERHAD 71 PETRONAS DAGANGAN BERHAD 72 AEON CREDIT SERVICE (M) BERHAD 73 ANN JOO RESOURCES BERHAD 74 KERJAYA PROSPEK GROUP BERHAD 75 NESTLE (M) BERHAD 76 RHB BANK BERHAD 77 SPRITZER BERHAD 27

28 Best Quality of Annual Reports/Formal Disclosure - All Malaysian 1 MALAYAN BANKING BERHAD 2 CIMB GROUP HOLDINGS BERHAD 3 HARTALEGA HOLDINGS BERHAD 4 SUNWAY REAL ESTATE INVESMENT TRUST 5 PUBLIC BANK BERHAD 6 SUNWAY BERHAD 7 TELEKOM MALAYSIA BERHAD 8 DIGI.COM BERHAD 9 NESTLE (M) BERHAD 10 TENAGA NASIONAL BERHAD 11 ASTRO MALAYSIA HOLDINGS BERHAD 12 AXIS REITS 13 BERMAZ AUTO BERHAD 14 CAHYA MATA SARAWAK BERHAD 15 GAMUDA BERHAD 16 HONG LEONG BANK BERHAD 17 IHH HEALTHCARE BERHAD 18 SP SETIA BERHAD 19 SUNWAY CONSTRUCTION GROUP BERHAD 20 7-ELEVEN MALAYSIA HOLDINGS BERHAD 21 AIRASIA BERHAD 22 HAI-O ENTERPRISE BERHAD 23 KLCC PROP&REITS-STAPLED SECURITIES 24 QL RESOURCES BERHAD 25 SIME DARBY BERHAD 26 TOP GLOVE CORPORATION BERHAD 27 AIRASIA X BERHAD 28 ALLIANZ MALAYSIA BERHAD 29 AMMB HOLDINGS BERHAD 30 AXIATA GROUP BERHAD 31 BERJAYA FOOD BERHAD 32 CAPITALAND MALAYSIA MALL TRUST 33 CARLSBERG BREWERY MALAYSIA BERHAD 34 DAGANG NEXCHANGE BERHAD 35 ECO WORLD DEVELOPMENT GROUP BERHAD 36 FRASER & NEAVE HOLDINGS BERHAD 37 GHL SYSTEMS BERHAD 38 HEINEKEN MALAYSIA BERHAD 39 HONG LEONG FINANCIAL GROUP BERHAD 40 IJM CORPORATION BERHAD 28

29 Best Quality of Annual Reports/Formal Disclosure - All Malaysian (Con t) 41 INARI AMERTRON BERHAD 42 KELINGTON GROUP BERHAD 43 MALAYSIA AIRPORTS HOLDINGS BERHAD 44 MAXIS BERHAD 45 MEDIA PRIMA BERHAD 46 MEGA FIRST CORPORATION BERHAD 47 MMC CORPORATION BERHAD 48 PETRONAS CHEMICALS GROUP BERHAD 49 PETRONAS DAGANGAN BERHAD 50 PRESS METAL ALUMINIUM HOLDINGS BERHAD 51 RHB BANK BERHAD 52 SERBA DINAMIK HOLDINGS BERHAD 53 V.S INDUSTRY BERHAD 54 VITROX CORPORATION BERHAD 29