CORPORATE GOVERNANCE STATEMENT
(CONT’D)
Principle 7: Ensure timely and high quality disclosure (cont’d)
Use of information technology to disseminate information
Shareholders and investors are kept informed of all major development within theGroup by way of announcements
via the BURSA LINK. Announcements are also made of the Company’s quarterly results, Annual Reports and
other circulars to shareholders, where appropriate, and all these announcements are available to shareholders
electronically at Bursa Malaysia’s website. Shareholders can also access the Company’s website,
pentamaster.com.my for up to date information about the Company and its business as well as announcements
made to Bursa Malaysia.
Principle 8: Strengthen relationship between Company and shareholders
Shareholder participation at general meetings
The Annual General Meeting (“AGM”) is the principal forum for dialogue with shareholders. Notice of AGM and
Annual Reports are sent to shareholders at least 21 days before the meeting.
During the AGM, shareholders are given opportunities to enquire and comment on matters relating to the
Group’s business. The shareholders are encouraged to participate in the open question and answer session in
the AGM pertaining to the resolutions being proposed at the meeting and the financial performance and business
operation in general. The Directors are available to provide responses to questions from the shareholders during
the meeting.
In addition, Extraordinary General Meetings (“EGMs”) are held as and when needed to obtain shareholders’
approval on certain business or corporate proposals. Adequate notice of EGM, in compliance with regulatory
requirements, are sent to shareholders together with comprehensive Circulars/Statements setting out details and
explaining the rationale with regards to the matters for which shareholders approval are being sought.
Poll voting
At the commencement of each general meeting, the Chairman will inform the shareholders of their right to
demand a poll vote. The Board will consider putting substantive resolutions to vote by poll, even without demand
from shareholders, if it feels that it is necessary to gauge the support of shareholders for particular resolutions.
When a resolution has been put to vote by poll, the Chairman will announce the number of votes cast for
and against the resolution at the general meeting and an announcement of such result will also be made to
Bursa Malaysia. The Board will consider employing electronic means for poll voting when the infrastructure
for employing such means becomes available at reasonable cost and taking into consideration the number of
attendees who normally attend general meetings.
Communication and proactive engagement with shareholders
AGMs and EGMs where appropriate remain the most common platform for the Company and the Board to
have effective communication and engagement with shareholders about performance, corporate governance
and other matters affecting shareholders’ interest. In addition, the Board may hold press conference where
appropriate to keep shareholders informed of the Group’s affairs. Information released to the public will also be
made available on the Company’s website for shareholders to have easy access.
Compliance Statement
Save as disclosed, throughout the financial year ended 31 December 2014, the Group has complied with all the
principles and recommendations of the MCCG 2012.
This statement was made in accordance with a Board of Directors’ resolution dated 23 April 2015.
•
Pentamaster Corporation Berhad
(572307-U)
Annual Report 2014
21
