Investor Relations
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It has always been Bursa Malaysia's priority to demonstrate the highest standards of integrity to our
shareholders and the investment community. We are committed to building long-term relationships
based on fair and timely disclosure, transparency, openness and constructive communication. As a
listed company, a market operator and a regulator, our Investor Relations activities have an impact
both on the company and the health of our market as a whole. We must aim, therefore, to be an
example of best practice. |
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Reaching Out
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The ability to have a meaningful two-way dialogue with all of our
shareholders is how we secure and maintain their trust and understanding.
We value the dialogue process with our investors and recognise its
significance in promoting good governance in our company. We aim to keep
shareholders, the broader investment community and other stakeholders
fully informed by communicating our financial performance, latest business
developments and strategy in a timely and accurate manner.
We use various mediums such as roadshows, meetings and briefings,
announcements, website postings and the AGM, to ensure that investors
and others are able to make informed decisions about the Company. We
take special care to ensure that all material and price-sensitive information
is disseminated at the same time to the widest possible audience through
all relevant channels.
Locally and abroad, we actively engaged our shareholders, potential
investors and analysts. The management engagement team usually
consists of the CEO, CFO or the Head of Strategy, together with members
of the IR unit. This year, management has met personally with more than
110 investors in Kuala Lumpur, Singapore, Hong Kong, Japan, Europe, the
Middle-East and the US. Research house coverage grew to 20 houses.
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Continuous Efforts
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For 2010, we benchmarked ourselves against the best companies as we
focused on our goal of adhering to best practices. We participated in the
IRGR survey which ranked 53 companies from 18 countries worldwide
for good CG. Bursa Malaysia scored second highest, tying the spot with a
Canadian company. We were successful in the Asia-Pacific region category,
where Bursa Malaysia was given awards for Best CG Practices and Best
Online Annual Report. These awards are recognition of Bursa Malaysia's
efforts to exemplify best practice in both areas.
To help us measure progress and facilitate further improvement, we
monitor customer satisfaction on IR annually. The survey showed
improvement in the level of satisfaction from good to very good among
our external stakeholders compared with the previous year.
The increased usage of internet technology prompted us to improve our
services. This year, numerous features were added to the IR Portal to
enrich user experience and help investors access relevant information
more easily. In addition, a survey function was included where users can
give their comments and views on the Portal. Investors are encouraged to
visit the Company's IR portal for access to the online Annual Report, Q&A
library, financial results and copies of presentations given to shareholders
and analysts.
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Bursa Malaysia's Share Performance
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The Company's share price as at 30 December 2010 closed lower at
RM7.80, falling 2% compared with the closing price of RM7.99 as at
31 December 2009. Over the year, Bursa Malaysia's share price touched
a 52-week high of RM8.66 on 14 October 2010, and a low of RM6.75 on
25 May 2010.
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Dividend Policy
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We remain committed to giving good investment returns to our
shareholders. Our policy is to pay out not less than 75% of our profits each
year, subject to certain considerations, such as the level of available cash
and cash equivalents, retained earnings, and the projected level of capital
expenditure and other investment plans.
Historically, Bursa Malaysia has always rewarded our shareholders with a
dividend payout of above 90%.
Financial Year |
Dividend Payment
(sen/net) |
% of Dividend
Payout |
2010 |
- Interim Dividend
- Final Dividend
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94% |
2009 |
-
Interim Dividend
- Franked
- Single Tier
- Final Dividend
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93% |
2008 |
- Interim Dividend
- Final Dividend
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91% |
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Foreign Shareholding and Market Capitalisation
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The number of shareholders in Bursa Malaysia was 27,561 at the end
of 2010. Foreign shareholding as at 31 December 2010 stood at 18.2%
while market capitalisation declined marginally from RM4.2 billion in 2009
to RM4.1 billion during the year.
Our public shareholding of 62% provides a fair free float for Bursa
Malaysia's shares and an appropriate level of liquidity.
Note:
Under Section 25 of the Capital Markets and Services Act 2007, no person can acquire 5% or
more of the issued and paid-up share capital of Bursa Malaysia without first gaining approval
from the Ministry of Finance.
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