Each item of special business included in the notice of
the meeting will be accompanied by detailed explanations.
Separate resolutions are proposed for substantially
different issues at the meeting and the Chairman
declares the number of proxy votes received both for and
against each resolution. The Company also provides
shareholders with a summary of the discussions at the
AGM by publishing the minutes on the website.
Encourage Poll Voting
The Board encourages poll voting for the specific
resolutions which require a poll vote, for example
reappointment of Directors whom are above the age of 70
years old and also the Related Party Transactions. During
the AGM, the Chairman will inform the shareholders prior
to the discussion of such specific resolutions.
The recurrent related party transactions for the financial
year ended 31 December 2014 are set out in the notes to
the financial statements on pages 281 to 283 of the
Annual Report.
At the 21
st
Annual General Meeting held on 10 June 2014,
the Company obtained the shareholders’ mandate to
allow the Group to enter into recurrent related party
transactions as set out in the Notes of the Compliance
Information on pages from 188 to 189. As required by the
MMLR and the Company’s Articles of Association, a
Director who has an interest in a transaction shall
abstain from deliberation and voting on the relevant
resolution in respect of such transaction at the Board and
general meetings convened to consider such matters.
Effective Communication and Proactive Engagements with
Shareholders
The Group understands that one of its major
responsibilities is to provide sufficient and timely
information as and when necessary to its shareholders
and investors, as this reflects good corporate governance
practice. It is imperative to maintain transparency and to
build trust and understanding in the relationship through
active dialogue and communication with shareholders and
investors.
As part of the Group’s commitment to promote a high
level of communication and transparency with the
investment community, experienced and senior level
management personnel are directly involved in the
Group’s investor relations function.
The President & Managing Director and senior
management personnel hold discussions with analysts,
investors and shareholders from time to time on the
Group’s results and performance. Presentations are
made, where appropriate, to explain the Group’s
strategies, performance and major developments.
However, any information that may be regarded as
privileged material information about the Group will be
safeguarded until such time that such information has
been announced to Bursa Malaysia as required by the
MMLR.
In addition, the Group has established a website at
which shareholders can access.
The Group’s quarterly and annual results announcements,
including press releases are posted in the Investor
Relations page on the Group’s website immediately after
announcements are made on the Bursa Malaysia’s
website. This website also sends out alerts to investors
who opted to get this service for free on any
announcement by the Company to Bursa.
Other than the website, the Group continues to produce
and enhance its Annual Report, Corporate Brochures and
Fact Sheets to provide sufficient details to the
shareholders and stakeholders. Other than that, the
Group also makes regular announcements on Bursa
Malaysia to provide stakeholders with important
information which may affect their investment decisions,
thus enhancing the level of transparency.
As part of the Group’s commitment to an effective
investor relations function, the Company hosted meetings,
tele-conferencing and briefings to analysts and investors
or via participation in events organised by investment
banks or research houses in Malaysia and abroad.
For 2014, the following activities were conducted with the analysts, investors and shareholders:
Types of Meeting
No
Analysts/Investors meetings
83
Teleconference
8
Conferences & road shows
13
166
KPJ Healthcare Berhad annual report
2014
Statement on
Corporate Governance
(Pursuant to Section 15.25 of the Bursa Malaysia Listing Requirements)
