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SUSTAINABILITY JOURNEY HOW WE ARE GOVERNED FINANCIAL STATEMENTS ADDITIONAL INFORMATION 59

MSM has seen turnaround results under your stewardship in
Q
A
2021, what achievements are you most proud of?
I was fortunate to come into MSM when a concise What I found really motivating was the confidence of the
blueprint had already been launched by the previous investing community in MSM after the announcement of
management and turnaround strategies were in place. the fourth quarter 2020 results. There was a sharp recovery
So the journey towards the improved profitability had in MSM’s share price which rose four folds growing the
started even before I came in. Most of my work focused market capitalisation to a high of RM1.40 billion. To me,
on enhancing the blueprint and business optimisation while that is a vote of confidence from the investing community
ensuring greater subscription by the workforce towards on MSM’s new leadership team and MSM Group’s moving
governance, integrity and pride in being part of an organisation forward plans.
that is one of the top in the global sugar industry.
Through this period, MSM has also attracted increased
Staying on strategy, the team worked hard to sustain profits foreign investor holdings especially from EU countries.
through the four quarters and protect shareholder interest, It clearly indicates that we are ticking their checklist on
despite tremendous challenges affecting production volumes environment, social and governance (ESG) matters
in FY2021. apart from business sustainability.

Visit by YB Dato’ Seri Idris Jusoh, FELDA Chairman and Senior Management to MSM.