BURSA AR13 - page 22

We remain committed to implementing corporate governance best practices throughout our organisation.
In 2013, Bursa Malaysia was announced as one of three winners of the Best Conduct of AGM Award from
the Minority Shareholder Watchdog Group (MSWG). We were also a recipient of the MSWG’s Top 3 Corporate
Governance Transparency Award and Top 5 Overall Corporate Governance Award. These awards underscore
our commitment to leading by example in the area of good governance.
COMMITTED TO GOOD SHAREHOLDER VALUE CREATION
The year 2013 also saw us continuing to put in place the building blocks to enhance market quality, ensure
sustainability and unlock the Exchange’s full potential. We improved the quality of our service and product
offering, increased our people and technology investments, as well as enhanced stakeholder ties.
As a result of our team’s overall efforts, we turned in a robust financial performance for 2013 with operating
revenue increasing by 13% and PATAMI by 15%.
Our commitment to creating good shareholder value remains a priority. Our policy is to pay out no less than
75% of our PATAMI. Since our listing, we have surpassed this and rewarded our shareholders with more than
90% of our PATAMI. In line with the year’s good performance, we are proposing a final dividend of 16 sen. This,
combined with an interim dividend of 16 sen paid to shareholders in 2013, amounts to 98% of our PATAMI. We
had also paid out a special dividend of 20 sen in August 2013, bringing the total dividends to 52 sen.
COMMITTED TO REMAINING RELEVANT
As an integrated exchange and a catalyst for the Malaysian capital market, we are determined to remain
relevant to our stakeholders and to drive sustainable growth. The advent of the ASEAN Economic Community
(AEC) at end 2015 bodes well for us. As “ASEAN’s Multinational Marketplace”, Bursa Malaysia is well
positioned as the preferred entry point and prime marketplace for investors buying into ASEAN.
We are also focused on delivering a spread of diverse and sustainable offerings to our stakeholders. Our
global Islamic market offering continues to be a viable investment opportunity and has bolstered our position
as one of Asia’s leading exchange for Islamic offerings. The launch of Gold Futures Contracts and stapled
securities too have widened our product universe.
As we move forward, Bursa Malaysia will continue to champion good governance practices, roll out new
growth strategies and look for new frontiers of opportunity. We are confident of our potential going forward
given the strong foundations that have been laid.
IN APPRECIATION
On behalf of the Board of Directors, I wish to take this opportunity to convey our utmost gratitude to our
shareholders for their steadfast support of the Exchange. Our deep gratitude also goes to the regulators
and policy makers for their worthy efforts in setting clear boundaries that promote market efficiency and
transparency. My sincere thanks to my fellow Directors for their astute insights and for helping the Exchange
stay the course amidst uncertain times. Last but not least, our deep gratitude to the employees for their
loyalty, sacrifices and commitment to excellence which have brought us thus far.
Bursa Malaysia • Annual Report 2013
20
Chairman’s Letter to Shareholders
DRIVING GOOD
shareholder
value
From the Board of Directors and Senior Management
13% GROWTH
IN OPERATING REVENUE AND
15% GROWTH
IN PATAMI
DIVIDEND YIELD OF
6.3%
RECOGNITION FROM MSWG:
AMONG TOP 5
FOR OVERALL
CORPORATE
GOVERNANCE
AMONG TOP 3
FOR CORPORATE
GOVERNANCE
TRANSPARENCY
1 OF 3
WINNERS
FOR BEST CONDUCT
OF AGM
1...,12,13,14,15,16,17,18,19,20,21 23,24,25,26,27,28,29,30,31,32,...196
Powered by FlippingBook