cover rationale - ChartNexus

In the coming financial year, we aim to increase
MRCB’s outstanding order book to a level
reflecting our ambitions as one of the premier
engineering and infrastructure groups in
Malaysia. Further, we expect to continue to
enhance the value of our property assets by
launching new property developments and
securing new landbanks for future earnings
growth. All of these are targets that are geared
towards enhancing the longer-term value of
MRCB.
Following the completion of the demerger
exercise, Media Prima Berhad will be a highly
focused and truly integrated media group with
strong potential for cross marketing and
sharing of resources and expertise.
With the restructuring exercise in place and
operations becoming more cost effective, the
Directors are cautiously optimistic about the
Group’s prospects for the coming financial year.
The long term objective of the Group is to
secure operations that can provide sustainable
long term earnings as a buffer against the
cyclical nature of the engineering and
construction industry.
CORPORATE GOVERNANCE AND
INVESTOR RELATIONS
The Company presents this financial year’s
Annual Report to the shareholders with a strict
adherence to the principles of good corporate
governance. The Board is committed to the
guidelines provided by the Securities
Commission and the Kuala Lumpur Stock
Exchange, and we have ensured the highest
standards of corporate governance are
practised to protect and enhance shareholders
value.
In line with the guidelines, MRCB adheres to
the policy with regard to any communication
with respective shareholders based on
principles of openness, timeliness and
excellence. The principal spokespersons of
the Company in dealings with institutional
investors, analysts, the media and other
interested parties are the Chairman, Chief
Executive Officer and the Executive Director.
A structured programme of investor relations
has been established to disseminate formal
announcements and interim results, and
organise a series of dialogues and meetings
with institutions, analysts and members of the
media, with the objective of fostering better
relations and mutual understanding.
ACKNOWLEDGEMENTS
It is with great pleasure that we welcome on
board Dato’ Dr. Mohd Shahari Ahmad Jabar,
who joined MRCB’s Board of Directors on 22
July 2002 as an independent non-executive
director. We are confident his presence will
only further strengthen the capabilities of the
Board as we move forward.
On behalf of the Board, I would like to express
my utmost appreciation to MRCB management
and staff for their continued dedication and
loyalty to this Group. They have worked
tirelessly during this challenging period of
rebuilding MRCB, and the positive signs that
the Group is beginning to show is surely a just
manifestation and reward for their efforts.
We would also like to thank our shareholders,
customers, financiers, business partners,
suppliers and the relevant authorities for their
continuing support and confidence. We look
forward to many more years of growth with
you.
DATO’ SERI SYED ANWAR JAMALULLAIL
CHAIRMAN
Laporan Tahunan 2002 Annual Report
LETTER FROM THE CHAIRMAN (CONTINUED)
63