cover rationale - ChartNexus

More documents

Recommendations

Info

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
PERUTUSAN PENGERUSI (SAMBUNGAN) 64 Dengan selesainya skim pemisahan, Media Prima Berhad akan menjadi sebuah kumpulan media yang fokus dan bersepadu dengan potensi yang lebih besar untuk mencapai manfaat pemasaran rentas, perkongsian sumber dan kemahiran. Dengan skim penstrukturan semula yang tersusun dan kos operasi yang semakin efektif, para pengarah yakin prospek kumpulan lebih cerah pada tahun kewangan akan datang. Objektif jangka panjang Kumpulan adalah untuk memastikan pencapaian operasi yang mantap bagi memberikan pendapatan jangka panjang yang lebih stabil untuk menghadapi ketidaktentuan industri kejuruteraan dan pembinaan. TADBIR URUS KORPORAT DAN HUBUNGAN PELABURAN Dengan membentangkan Laporan Tahunan kepada para pemegang saham pada tahun kewangan ini, Syarikat mematuhi prinsip-prinsip tadbir urus korporat yang telah ditetapkan. Lembaga Pengarah komited dalam memenuhi garis panduan yang ditetapkan oleh Suruhanjaya Sekuriti dan Bursa Saham Kuala Lumpur. Kami telah memastikan bahawa piawaian tadbir urus korporat yang dipraktikkan dapat melindungi dan mempertingkatkan nilai pulangan kepada para pemegang saham. Selaras dengan garis panduan ini, MRCB akan berkomunikasi mengikut prinsip keterbukaan, menepati masa dan cemerlang dengan para pemegang saham. Jurucakap utama Syarikat dalam berurusan dengan para pelabur institusi, penganalisa pelaburan, pihak media dan lain-lain yang berkepentingan adalah Pengerusi, Ketua Pegawai Eksekutif dan Pengarah Eksekutif. Satu program hubungan pelaburan secara tersusun telah diwujudkan untuk menyebar pengumuman rasmi dan keputusan interim. Beberapa siri dialog dan mesyuarat dengan institusi, penganalisa pelaburan dan pihak media telah diadakan untuk menjalin hubungan yang lebih baik demi kepentingan bersama. PENGHARGAAN Saya dengan sukacitanya mengalu-alukan pelantikan Dato’ Dr. Mohd Shahari Ahmad Jabar di dalam Lembaga Pengarah MRCB pada 22 Julai 2002 sebagai seorang Pengarah Bebas Bukan Eksekutif. Saya yakin kehadiran beliau akan mengukuhkan lagi keupayaan Lembaga Pengarah, selaras dengan langkah kita maju ke hadapan. Saya bagi pihak Lembaga Pengarah ingin menyampaikan ucapan setinggi penghargaan kepada pengurusan dan kakitangan MRCB kerana menampilkan semangat berdedikasi dan setia kepada Kumpulan. Mereka telah bekerja dengan tekun sepanjang tempoh kesukaran yang kita lalui untuk membina semula MRCB. Tanda-tanda positif yang mula ditunjukkan oleh Kumpulan adalah gambaran dan ganjaran sewajarnya hasil kegigihan usaha yang mereka sumbangkan. Kami juga ingin mengucapkan terima kasih kepada para pemegang saham, pelanggan, pembiaya kewangan, rakan-rakan dalam perniagaan, pembekal dan pihak-pihak berkuasa berkaitan kerana memberikan sokongan serta keyakinan berterusan. Kami memandang ke hadapan dengan penuh tekad untuk meraih pertumbuhan yang lebih besar lagi pada tahun-tahun akan datang bersama anda. DATO’ SERI SYED ANWAR JAMALULLAIL PENGERUSI MALAYSIAN RESOURCES CORPORATION BERHAD
Page 2 and 3:
2 NOTIS MESYUARAT AGUNG TAHUNAN 10
Page 4 and 5:
NOTICE IS HEREBY GIVEN THAT the Thi
Page 6 and 7:
(ii) disclosure is made in the annu
Page 8 and 9:
(i) the transactions are in the ord
Page 10 and 11:
NOTES : 1. A member of the Company
Page 12 and 13:
1. Directors who are standing for r
Page 14 and 15: DATO’ SERI SYED ANWAR JAMALULLAIL
Page 16 and 17: SHAHRIL RIDZA RIDZUAN Shahril Ridza
Page 18 and 19: DATO’ AHMAD IBNIHAJAR Dato’ Ahm
Page 20 and 21: DATO’ DR. MOHD SHAHARI AHMAD JABA
Page 22 and 23: 1,500 1,200 900 600 300 0 3,000 2,5
Page 24 and 25: BOARD OF DIRECTORS/ LEMBAGA PENGARA
Page 26 and 27: 55% Transmission Technology Sdn Bhd
Page 28 and 29: The Board of Directors is committed
Page 30 and 31: Supply of Information to the Board
Page 32 and 33: 2. BOARD COMMITTEES The following B
Page 34 and 35: Remuneration Committee (RC) In line
Page 36 and 37: Remuneration Committee (RC) (CONTIN
Page 38 and 39: 4. FINANCIAL REPORTING In presentin
Page 40 and 41: Risk Management Framework The Group
Page 42 and 43: Other Key Elements (CONTINUED) •
Page 44 and 45: MATERIAL CONTRACTS - MRCB (DECEMBER
Page 46 and 47: MATERIAL CONTRACTS - MRCB (CONTINUE
Page 48 and 49: AUDIT COMMITTEE REPORT Composition
Page 50 and 51: Terms of Reference 1. The Audit Com
Page 52 and 53: Duties and Responsibilities 1. To r
Page 54 and 55: Meetings 1. The Committee shall mee
Page 56 and 57: Summary of Activities of The Audit
Page 58 and 59: DEAR SHAREHOLDERS, The operating an
Page 60 and 61: The full financial year’s results
Page 62 and 63: Meanwhile, NSTP returned to the bla
Page 66 and 67: OPERATIONS REVIEW ULASAN OPERASI
Page 68 and 69: ENGINEERING, CONSTRUCTION AND OVERS
Page 70 and 71: for electricity and the revival of
Page 72 and 73: uildings and suites, international
Page 74 and 75: Following the completion of first p
Page 76 and 77: The development of Seri Iskandar is
Page 78 and 79: At company level, TV3 recorded a pr
Page 80 and 81: The product changes have had an imm
Page 82 and 83: FINANCIAL REPORT 82 DIRECTORS’ RE
Page 84 and 85: EMPLOYEES' SHARE OPTION SCHEME The
Page 86 and 87: DIRECTORS' INTERESTS According to t
Page 88 and 89: STATEMENT BY DIRECTORS PURSUANT TO
Page 90 and 91: REPORT OF THE AUDITORS TO THE MEMBE
Page 92 and 93: Group Company Note 2002 2001 2002 2
Page 94 and 95: Share Non- Capital Distributable No
Page 96 and 97: Group Company Note 2002 2001 2002 2
Page 98 and 99: (A) SUMMARY OF EFFECTS ON DISPOSAL
Page 100 and 101: 1 GENERAL INFORMATION The Company i
Page 102 and 103: 3 SUMMARY OF SIGNIFICANT ACCOUNTING
Page 110 and 111: 6 PROFIT/(LOSS) FROM OPERATIONS (CO
Page 112 and 113: 10 PROPERTY, PLANT AND EQUIPMENT Gr
Page 114 and 115:
10a OPERATIONAL PROPERTY, PLANT AND
Page 116 and 117:
10a OPERATIONAL PROPERTY, PLANT AND
Page 118 and 119:
10b INVESTMENT PROPERTIES (CONTINUE
Page 120 and 121:
13 SUBSIDIARIES Company 2002 2001 R
Page 122 and 123:
15 JOINTLY CONTROLLED ENTITIES (CON
Page 124 and 125:
19 TRADE AND OTHER RECEIVABLES (CON
Page 126 and 127:
24 PROVISIONS FOR LIABILITIES AND C
Page 128 and 129:
25 TRADE AND OTHER PAYABLES Group C
Page 130 and 131:
27 SHORT TERM BORROWINGS (CONTINUED
Page 132 and 133:
30 LONG TERM LIABILITIES Group Comp
Page 134 and 135:
33 STATUTORY AND OTHER RESERVES Non
Page 136 and 137:
36 CONTINGENT LIABILITIES Group Com
Page 138 and 139:
38 ENTERPRISES IN THE GROUP (CONTIN
Page 140 and 141:
Page 142 and 143:
Page 144 and 145:
40 SIGNIFICANT EVENTS DURING THE FI
Page 146 and 147:
42 COMPARATIVES (a) Certain compara
Page 148 and 149:
Percentage No. of of Share Name of
Page 150 and 151:
Date/ Net book year Approvalue as a
Page 152 and 153:
PENYATA KEWANGAN 152 LAPORAN PENGAR
Page 154 and 155:
SKIM PILIHAN SAHAM KAKITANGAN Skim
Page 156 and 157:
KEPENTINGAN PARA PENGARAH Menurut D
Page 158 and 159:
PENYATA OLEH PARA PENGARAH MENURUT
Page 160 and 161:
LAPORAN JURUAUDIT KEPADA AHLI-AHLI
Page 162 and 163:
ASET BUKAN SEMASA Kumpulan Syarikat
Page 164 and 165:
Tidak Modal Boleh Saham Diagihkan N
Page 166 and 167:
Perubahan dalam modal kerja: Kumpul
Page 168 and 169:
(A) RINGKASAN KESAN PELUPUSAN SEBUA
Page 170 and 171:
1 MAKLUMAT AM Syarikat pada dasarny
Page 172 and 173:
3 RINGKASAN DASAR-DASAR PERAKAUNAN
Page 174 and 175:
Page 176 and 177:
Page 178 and 179:
Page 180 and 181:
6 (KERUGIAN)/KEUNTUNGAN DARIPADA OP
Page 182 and 183:
10 HARTANAH, LOJI DAN PERALATAN Nil
Page 184 and 185:
10a HARTANAH, LOJI DAN PERALATAN OP
Page 186 and 187:
10a HARTANAH, LOJI DAN PERALATAN OP
Page 188 and 189:
10b HARTANAH PELABURAN (SAMBUNGAN)
Page 190 and 191:
13 SYARIKAT-SYARIKAT SUBSIDIARI Sya
Page 192 and 193:
15 ENTITI-ENTITI DIKAWAL BERSAMA (S
Page 194 and 195:
20 INVENTORI Kumpulan 2002 2001 RM'
Page 196 and 197:
24 PERUNTUKAN BAGI TANGGUNGAN DAN C
Page 198 and 199:
25 PEMIUTANG DAGANGAN DAN LAIN-LAIN
Page 200 and 201:
27 PINJAMAN JANGKA PENDEK (SAMBUNGA
Page 202 and 203:
30 TANGGUNGAN JANGKA PANJANG Kumpul
Page 204 and 205:
33 RIZAB BERKANUN DAN LAIN-LAIN Tid
Page 206 and 207:
36 TANGGUNGAN LUAR JANGKA Kumpulan
Page 208 and 209:
38 SYARIKAT-SYARIKAT DALAM KUMPULAN
Page 210 and 211:
Page 212 and 213:
Page 214 and 215:
39 MAKLUMAT SEGMEN Analisis keputus
Page 216 and 217:
40 PERISTIWA PENTING SEPANJANG TAHU
Page 218 and 219:
Modal Saham Dibenarkan : 2,000,000,
Page 220 and 221:
Peratusan Bil Saham Modal Nama Peme
Page 222 and 223:
Tarikh/ Nilai Buku tahun bagi bersi
Page 224 and 225:
I/We of (Before completing this for
Page 226 and 227:
Saya/Kami yang beralamat di (Sila l
show all

cover rationale - ChartNexus

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?