CORPORATE DISCLOSURE POLICY
CORPORATE DISCLOSURE POLICIES AND PROCEDURES
In formulating this policy, Damansara Realty Berhad (“the Company”) has taken into account the recommendations contained in the Malaysian Code of Corporate Governance (MCCG) 2012 and its disclosure obligations contained in the Listing Requirements of Bursa Malayisa Securities Berhad.
2. INVESTOR RELATIONS (‘IR”) STRUCTURE AND RESPONSIBILITY
The company’s Group Managing Director and Chief Financial Officer are appointed as spokespersons to communicate with audience constituents and respond to questions in relation to, amongst others, the corporate vision, strategies, developments, future prospects, financial results, plans and operation matters.
3. MODE OF DISCLOSURE
The Company makes use of a broad range of communication channels to disseminate information regarding the Company. these include:
• Electronic facilities provided by Bursa Malaysia Securities Berhad;
• Press releases;
• Corporate website;
• Road shows or events; and
• Annual General Meetings / Extraordinary General Meetings.
4. IR PROGRAMME AND STRATEGIES
The Company has the following programmes and strategies in place to bridge and enhance the relationship with investors or potential investors:
4.1 Announcement of Material Information and Press Release
After obtaining approval from the Board of Directors to release material information, an announcement is made to the Bursa Exchange and/or a company press release is issued to major newspapers
4.2 Annual general Meeting or Extraordinary General Meeting and Press Conference
The Annual General Meeting / Extraordinary General Meeting / Press conference is held to communicate with the shareholders on the Company’s performance, strategy, proposed corporate exercise and outlook.
4.3 Annual and Quarterly Financial Reports
The Annual Report and Quarterly Financial Reports are submitted to the Bursa Exchange and are available on the corporate website of the Company.
4.4 Meetings or Interviews with Investors, Analysts and Media
The spokespersons will meet the shareholders, analysts or media to provide updates on the Company’s performance, strategy and development.
4.5 Investor Relations Web Portal
The Company has a coporate website including the creation of the IR web portal to reach out to current and potential investors.
5. REPORTS AND RUMOURS
5.1 Analyst’s reports
It is the Company’s policy not to provide focused guidance to analysts in their efforts to develop their financial reports or earnings estimate of the Company
It is the Company’s policy not to respond or comment on market rumours and speculations.
6. OBTAINING FEEDBACK
The Company has developed various channels for shareholders and major stakeholders to provide their comments and feedback. The Company shall consider the comments and feedback received in establishing its corporate strategies
7. CONTACT DETAILS
The Company Secretary
Company Secretarial Department
Lot 10.3, Level 10
Wisma Chase Perdana
Off Jalan Semantan
50490 Kuala Lumpur
This policy shall be reviewed annually by the Board and, as and when the need arises
Dated 1 January 2015