APM AUTOMOTIVE HOLDINGS BERHAD
24
Principle 7 – Ensure timely and high quality disclosure
The Board is aware of the need to establish corporate disclosure policies and procedures to enable comprehensive,
accurate and timely disclosures relating to the Company and its subsidiaries to be made to the regulators,
shareholders and stakeholders. Accordingly, the Board has formalized the Corporate Disclosure Policies and
Procedures to comply with the disclosure requirements as stipulated in the Listing Requirements of Bursa, and set out
the persons authorised and responsible to approve and disclose material information to regulators, shareholders and
stakeholders.
To augment the process of disclosure, the Company’s website has a section on corporate governance, where
information on the Company’s announcements to Bursa, the Charter, rights of shareholders and the Company’s
Annual Report may be accessed.
Principle 8 – Strengthen relationship between the Company and its shareholders
(i)
Shareholder participation at general meeting
The Annual General Meeting (“AGM”), which is the principal forum for shareholder dialogue, allows shareholders
to review the Group’s performance via the Company’s Annual Report and pose questions to the Board for
clarification. At the AGM, shareholders participate in deliberating resolutions being proposed or on the Group’s
operations in general. At the last AGM, a question & answer session was held where the Chairman invited
shareholders to raise questions which were addressed by the Board and Senior Management.
The Notice of AGM is circulated at least twenty one (21) days before the date of the meeting to enable
shareholders to go through the Annual Report and papers supporting the resolutions proposed. All the
resolutions set out in the Notice of the last AGM were put to vote by show of hands and duly passed. The
outcome of the AGM was announced to Bursa on the same meeting day.
(ii)
Communication and engagement with shareholders and investors
The Board recognises the importance of being transparent and accountable to the Company’s investors. The
Company will hold group and individual discussions with analysts, institutional shareholders, and investment
communities, at their request, with the view to fostering greater understanding of the business of the Group.
The various channels of communications are through the quarterly announcements on financial results to Bursa,
relevant announcements and circulars, when necessary, the Annual and Extraordinary General Meetings and
through the Group’s website at
where shareholders can access corporate information,
annual reports, press releases, financial information, and company announcements. To maintain a high level of
transparency and to effectively address any issues or concerns, the Group has a dedicated electronic mail, i.e.
to which stakeholders can direct their queries or concerns.
This Statement is dated 8 April 2015.
CORPORATE GOVERNANCE
STATEMENT
