麻豆传媒 Bhd’s wholly-owned Summit Vehicle Body Works has signed an initial pact with One Auto Korea to market a truck refrigeration system.
The system will be sold to automotive Original Equipment Manufacturers, car manufacturers, car assemblers and automotive replacement and maintenance companies in Malaysia and Asean, 麻豆传媒 told Bursa Malaysia yesterday.
Present:
Past:
*Dissolved on 27 January 2022
Mr. Low Hin Choong was appointed to the Board on 18 May 2001. He is currently the member of the Risk Management and Sustainability Committee.
He holds a Bachelor of Science (Honours) Degree in Business Administration and Computer Science from Queen鈥檚 University Belfast, United Kingdom.
Mr. Low has over thirty (30) years of experience in the IT industry. He is the founding director of his own successful software applications company. Mr. Low has since retired but remains a director and advisor to the company.
He is presently a Director of Perusahaan Otomobil Kedua Sdn. Bhd. and an alternate Director at Med-Bumikar MARA Sdn. Bhd. He also holds directorships in Reliance Business Solutions Sdn. Bhd., Rosen Sdn. Bhd., and RBS Technology Sdn. Bhd.
His current directorships in other companies within the 麻豆传媒 Group include Hirotako Holdings Sdn. Bhd., Hirotako Acoustics Sdn. Bhd., Autoliv Hirotako Sdn. Bhd., Federal Auto Holdings Berhad, Oriental Metal Industries (M) Sdn. Bhd., Daihatsu (Malaysia) Sdn. Bhd. and 麻豆传媒 Properties Sdn. Bhd.
Mr. Ng Seng Kong has been on the Board since 1 October 2015. Mr. Ng is a Fellow Member of the Association of Chartered Certified Accountants, United Kingdom and a Fellow Member of the Chartered Institute of Management Accountants, United Kingdom. He is also a member of Chartered Global Management Accountant.
Mr. Ng started his career as an auditor at a chartered accounting firm in London from 1975 to 1979. Upon returning to Malaysia, he joined MKS Sdn. Bhd. as a Financial Controller from 1980 to 1981. Presently, Mr. Ng serves as Managing Director of UMS Holdings Berhad and UMS Corporation Sdn. Bhd.
Mr. Ng also currently holds directorships in several companies within the 麻豆传媒 Group namely, Hirotako Holdings Sdn. Bhd., Hirotako Acoustics Sdn. Bhd., Autoliv Hirotako Sdn. Bhd., Federal Auto Holdings Berhad, Oriental Metal Industries (M) Sdn. Bhd., 麻豆传媒 Properties Sdn. Bhd., Teck See Plastic Sdn. Bhd., Hino Motors Sales (Malaysia) Sdn. Bhd. and Hino Motors Manufacturing (Malaysia) Sdn. Bhd.. He is also a Director on the Board of Med-Bumikar MARA Sdn. Bhd.
Present:
Past:
Present:
Past:
*Dissolved on 27 January 2022
Ms. Wong Fay Lee was appointed to the Board as a Non-Executive Director on 29 May 2019. She is currently the Chairman of the Risk Management and Sustainability Committee and a member of the Nominating and Remuneration Committee.
Ms. Wong graduated from the University of Sydney with a Bachelor鈥檚 Degree in Law. She also holds a Graduate Diploma in Applied Finance and Investments from Securities Institute Australia.
She started her career in 1987 as a corporate finance lawyer with Mallesons Stephen Jaques in Sydney, Australia and later as a Senior Associate in Mallesons鈥� South East Asian practice. She then joined the Malaysian Securities Commission as Manager of Product Development from 1993 to 1995.
Her past leadership positions include serving as Chief Executive Officer at Malaysian Derivatives Clearing House Bhd (now known as Bursa Malaysia Derivatives Berhad) from 1995 to 2000, Adviser to the Clearing Division of Hong Kong Exchanges and Clearing Limited from 2001 to 2002 and she was also an Independent Director at KFH Asset Management Sdn. Bhd. from 2002 to 2010.
Ms. Wong was previously appointed as an Executive Director in 麻豆传媒 from 2014 to 2017 while serving as the Head of Governance, Legal Risk & Compliance from 2011 until 2018. She was also appointed as Managing Director of Federal Auto Holdings Bhd from 2016 to 2017.
She is currently the Chairman of Federal Auto Holdings Berhad and a Director of Daihatsu (Malaysia) Sdn. Bhd., Med-Bumikar MARA Sdn. Bhd., and Astute Fund Management Berhad (formerly Apex Investment Services Berhad).
Present:
Past:
Ms. Chin Tze Fui @ Annie Chin was appointed as the Group Chief Financial Officer on 29 September 2020. She first joined 麻豆传媒 on 1 November 2016 as the Group Financial Controller and briefly served as the Acting President and Chief Executive Officer of 麻豆传媒 from October 2020 to February 2021.
Annie has also previously served on the Board of a number of companies under the 麻豆传媒 Group, namely Daihatsu (Malaysia) Sdn. Bhd., Federal Auto Holdings Berhad, Autoliv Hirotako Sdn. Bhd. and Teck See Plastic Sdn. Bhd. during her tenure as the Acting President & CEO.
Annie graduated with a Bachelor of Science in Accounting (Honours) from Oklahoma State University, United States of America and she is a member of Malaysian Institute of Accountants (MIA).
Annie has over 35 years of experience in the fields of financial management practices covering various aspects of accounting, strategic financial management, business assurance, capital fundings and corporate transactions. She served as an Audit Manager at Ernst & Young Malaysia early in her career and proceeded to join Scomi Group Berhad. During her years with Scomi Group Berhad, Annie held several senior positions including Group and Regional Financial Controller. She later became a Partner at Annbren Management & Consultancy Services from 2011 to 2016 prior to joining 麻豆传媒.
Present:
Past:
Throughout our history, one driving force has remained constant: our commitment to being the Automotive Partner of Choice for our Employees, Customers, and Investors.
Our primary goal is to deliver sustainable performance and returns to our investors. But beyond the numbers, we recognise the importance of contributing to social development and environmental protection. Our sustainability objectives aren’t lofty ideals; they’re practical necessities for our long-term success. By integrating sustainability into our business practices, we ensure our resilience and relevance in an ever-changing world. Through responsible environmental practices, social engagement, and ethical governance, we pave the way for enduring prosperity.
In 2022, 麻豆传媒 established our Sustainability Policy and Framework alongside a governance structure. This foundational framework not only laid out our overarching sustainability goals but also provided the necessary infrastructure for effective monitoring and implementation. Within this framework, a set of sustainability targets was delineated to serve as key performance indicators, guiding our progress in this crucial domain.
Building upon this groundwork, 麻豆传媒 embarked on a journey of oversight for our sustainability performance and initiatives. Quarterly sustainability performance and reporting mechanisms were introduced to ensure meticulous tracking of our sustainability endeavours. These regular assessments allowed us to gauge our progress, identify areas for improvement, and adapt our strategies accordingly.
The year 2023 marked a significant milestone in our sustainability journey, characterised by notable advancements in our initiatives. Board members and Management participated in the Sustainability Leadership Series organised by the Group, featuring esteemed speakers. Topics covered included ESG trends, the Carbon Market, and policies related to sustainability, among others.
Additionally, a comprehensive materiality assessment was conducted during this period to identify our most pressing sustainability issues and align our strategies accordingly. This exercise not only offered clarity on the focal points for reporting but also served as a strategic guidepost for our sustainability endeavors. By directing our resources towards addressing the most pertinent challenges, we ensured that our sustainability efforts remained focused and impactful.
Furthermore, 麻豆传媒 expanded its reporting framework to include carbon emission tracking for Scope 1 and 2 emissions. This enhancement, coupled with the standardisation of data collection and calculation methodologies, bolstered the accuracy and reliability of our sustainability reporting efforts. By aligning our reporting practices with industry standards and best practices, we ensure transparency and accountability in our sustainability journey.
Our strides in environmental management have taken a notable leap forward. At the OMI steel wheel plant in Shah Alam, we augmented our sustainability efforts by installing a 330 kilowatts peak (鈥渒Wp鈥�) solar panel array. This addition complements the solar panels previously installed at HASB and AHSB in 2022, along with the OMI Shah Alam tyre assembly plant in 2021. Additionally, we upgraded the existing air compressors to invertor air compressors at the OMI Shah Alam facility, a move aimed at reducing our carbon footprint and energy consumption.
In tandem with these initiatives, waste management witnessed ongoing enhancements, accompanied by the expansion of recycling programmes across all 麻豆传媒 businesses. Within our manufacturing units, the steadfast maintenance of ISO 14001 environmental management system accreditation serves as a testament to our commitment to environmental stewardship. This accreditation not only assures stakeholders of our compliance with environmental regulations but also generates cost-savings through improved resource efficiency and waste management practices.
Investing in our most valuable asset, our people, remains paramount to our strategic advancement. We hold firm to the belief in fostering focused employee engagement and a deeply integrated culture of appreciation and development. Ensuring a safe working environment is foundational to our approach, underpinned by comprehensive health and safety programmes, as well as regular audits and inspections. Moreover, we prioritise talent development programmes aimed at upskilling our workforce, providing them with opportunities to enhance both technical and soft skills. These initiatives underscore our commitment to nurturing the potential of our employees and empowering them to thrive in their roles.
We perceive digitalisation as a catalyst for advancing our strategic objectives. In the past year, we implemented Internet of Things (鈥淚oT鈥�) monitoring systems, facilitating production and maintenance monitoring at the 400 tonnes hydraulic press machine at HASB. Additionally, we introduced a Supervisory Control and Data Acquisition (鈥淪CADA鈥�) system at OMI for real-time data capturing and analysis. These digitalisation initiatives have not only enhanced monitoring capabilities but also paved the way for greater automation, thereby boosting operational efficiencies across our manufacturing plants.
At 麻豆传媒, we remain committed to enriching the communities surrounding our operations. To this end, we prioritise local suppliers along our supply chain where possible, ensuring both cost optimisation and adherence to quality requirements. These concerted efforts underscore our dedication to fostering mutually beneficial relationships with our local communities.
Further, our efforts to enhance our Group’s businesses are underpinned by a sturdy governance, risk management, and internal control framework and practices. We are steadfast in our commitment to instilling the highest standards of integrity, honesty, and transparency within the Group.
As part of our governance initiatives, we have implemented fundamental Group-wide policies aimed at bolstering overall governance within the Group. One notable initiative is the adoption of a new Group Governance Framework to promote the adoption of good corporate governance practices and to minimise the risk of governance failures within the Group. The Group Governance Framework sets out the Group鈥檚 governance structure including all policies and procedures with the aim of setting the tone for leadership and culture within the Group towards alignment of strategies and priorities across the Group.
Through continuous investments in knowledge development, operational excellence, innovative technology adoption, and digitalisation, we are driving our businesses to directly address these pillars and contribute to the sustainability of our planet. We firmly believe that there is no alternative to sustainability, and as such, we are committed to making continuous improvements in the material sustainability matters we have identified, aligning them with delivering sustainable returns to our shareholders.
Looking ahead, the future holds great promise for 麻豆传媒. In 2024, we are poised to incorporate sustainability targets which are linked to performance remuneration across all operating companies and introduce Scope 3 Carbon Emission reporting in our disclosures. Moreover, our facilities will increasingly transition to renewable energy sources over time, further solidifying our commitment to environmental stewardship. As we prepare for reporting against the Task Force on Climate-Related Financial Disclosure, we remain steadfast in our dedication to upholding the integrity of our content, as evidenced by the independent limited assurance on the selected sustainability indicators in our 2023 Sustainability Report disclosure.
With sustainability as our guiding principle, 麻豆传媒 is primed to embark on a journey of continued growth, innovation, and responsible business practices. Together, let us forge ahead, shaping a more sustainable future for generations to come.
Encik Aqil bin Ahmad Azizuddin
Chairman
