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Bursa Malaysia •
Annual Report 2015
FROM THE BOARD OF DIRECTORS AND SENIOR MANAGEMENT
Bursa Mal ysia •
An ual Rep rt
CHAIRMAN’S LETTER
TO SHAREHOLDERS
sen
as at 31
st
December 2015
per share
34.5
Total dividends paid
4.1%
Dividend yield of
Nevertheless, the Malaysian economy and market have proven
themselves resilient against these challenges thanks to their diversity and
robust fundamentals. Bursa Malaysia has drawn on these strengths and
continued to be a source of value for our stakeholders even within this
more challenging operating environment. The confidence of our investors
and issuers is evident from the fact that Bursa Malaysia was again the
largest ASEAN fundraising destination for the second consecutive year.
With numerous signs suggesting that 2016 will remain a challenging year
for market players, the Exchange must remain focused in dispensing its
obligations as both a market regulator and as a value creator. It is from
within this context that we have embarked on our next strategic phase
of development, which calls upon us to accelerate the development of
sustainable communities with our stakeholders to strengthen our practices
in this area.
Over the past 12 months, we launched a number of sustainability
initiatives that will take us to the next phase of our sustainability journey.
These initiatives aim to strengthen our collaboration with our stakeholders
towards shared Economic, Environmental and Social (“EES”) goals to
position the Malaysian marketplace as a regional leader.
We believe that our sustainability initiatives together with our continued
pursuit of operational excellence and innovation will further enhance
the long-term future of our organisation, as well as of the Malaysian
marketplace in general.
CREATING SHAREHOLDER VALUE
The initiatives implemented over the last several years have contributed
to greater market diversity and resilience, which have protected our
shareholder value in these challenging times. Thus, despite a 3% fall
in the average daily trading value (“ADV”) for on-market trades in our
Securities Market in 2015 to RM2.0 billion from RM2.1 billion a year
ago, we managed to maintain our profitability levels due to the better
performance of our Derivatives and Islamic Capital Markets.
The Exchange posted a Profit after Tax and Minority Interest (“PATAMI”)
of RM198.6 million, a marginal increase from RM198.2 million recorded
a year ago. Earnings per Share (“EPS”) amounted to 37.2 sen during the
same period, translating into an annualised Return on Equity (“ROE”) of
25.6%. Based on this performance, the Board has recommended a final
dividend of 18 sen, bringing our total dividend declared for FY2015 to 34.5 sen,
which represents a yield of 4.1%, and is equivalent to 93% of PATAMI.
2011
2012
20
13
20
14
20
15
26.0
27.0
32.0
34.0
20.0
20.0
3.9
4.3
6.3
6.7
4.1
Dividend Yield (%)
Net Dividend (sen)
Special Dividend (sen)
34.5