Sustainability Statement - listed company

MBM RESOURCES BERHAD16

Sustainability Statement

In 2018, MBMR’s sustainability journey started with the

introduction and highlights of a few programmes that have been

implemented. The results may not seem to be very prominent

yet it has one way or another influence the company’s business

progression and helps the cost-saving programmes. Business

progression is key to our sustainability goal. This drives us to

develop our product range and innovate service offerings, expand

our markets globally and increase our engagement with customers

to better meet their needs.

MBMR is committed not only to give the stakeholders better

investment returns but also to provide a safe, secure and non-

threatening living environment to the community and work

atmosphere to its staff. Our employees energise our business

growth. We recompense our people at competitive market

rate and improve their personal and career development by

continuously supporting them through skills development at work

and professional training.

During our first report in 2018, a materiality matrix of issues was

provided and validated by our subsidiaries and combined into a

consolidated matrix of 13 prioritised issues relating to the business

activities of the Group. Subsequently the materiality matters were

approved by the Board and formed the basis of an agreed set of

key performance indicators used to report on our performance.

However our subscription to the materiality matters are still in

preliminary stage. The materiality matters need a more detailed

assessment before it can be disclosed. Due to this, we formed a

sustainability team in every subsidiary to carry out the planning to

form a committee in the Sustainability team to embark on the task.

In general, our business drives within an ecosystem encompassing

the environment and the community. Preserving the quality

of safety, air and land would allow us to operate smoothly and

unhindered. The people trust in the company and have confidence

in the products we carry and the services that are part of

significant measures to us.

We focused on our set targets and the challenges while making

greater efforts to improve our sustainability reporting and

documentation.

OUR SUSTAINABILITY GOVERNANCESustainable management and social responsibility are among our

essential values. They form the base of our work, they guide our

corporate strategy and they will take us into the future.

We believe that sustainable and responsible business increases

our ability to innovate and meet the future – a value-added to the

company. It allows us to identify risks and opportunities early and

opens up the transformation processes we need.

Annual Report 2019 17

SUSTAINABILITY COMMITTEE LEADERS (SUBSIDIARY)

Mr Ngeow Zoo Gin (Autoliv Hirotako Sdn Bhd)

Mr Thean Lip Sung (Hirotako Acoustics Sdn Bhd)

Mr Low Eng Hong & Mr Chai Kin Poh (OMI Group)

Encik Noor Arman Putra bin Mohd Madi (Daihatsu (Malaysia) Sdn Bhd)

Encik Adam Firsham bin Aqil (Federal Auto Holdings Berhad)

The key elements of our sustainability structure include: Our sustainability governance structure development is

progressing as we get more involvement from the subsidiary

members. This development is to ensure the successful

management of ESG issues in the MBMR Group.

Board level - governance and oversight

MBM Resources Berhad’s Board of DirectorsThe Board have the ultimate responsibility for the management, general affairs, direction, performance and long-term success of the company. The Board reviews and monitors various aspect of the governance and other oversight issues.

Sustainability ManagementCommittee

Chief Executive Officer (CEO)The committee led by our Chief Executive Officer (CEO), is responsible for managing and overseeing the progress of all the sustainability strategies and goals.

Leads the integration of sustainability into our business and communications, working with all the business unit head to unlock capacity for business growth.

Chief Sustainability Officer (CSO) Leads our sustainability agenda to drive transformational change across the company and to monitor the progress of sustainability programmes.

MBMR Team – Cross-functional executive team

Reporting directly to CEO and CSO, the team engages leadership across business units, departments and provides further oversight and strategic guidance. This team also mobilised employees to implement strategies. The functions involve operations, marketing, public affairs and communications, human resources, environmental health and safety and investor relation.

Subsidiaries Sustainability Team -leadership - strategic development of our goals

Autoliv Hirotako Sdn Bhd (AHSB)Hirotako Acoustics Sdn Bhd (HASB)Daihatasu (Malaysia) Sdn Bhd (DMSB)Federal Auto Holdings Berhad (FAHB)Oriental Metal Industry (M) Sdn Bhd (OMI)

The team are responsible for the implementation of the strategic development of our sustainability goals. They work together as function leaders and our Sustainability Management Committee.

Sustainability Team Members (Subsidiary based)

The core team that help coordinate daily activities and implement sustainability initiatives. The team play a key role in helping integrate sustainability across the company’s value chain. They are the owner of priority sustainability topics and are responsible for implementing strategies, tracking performance, and engaging employees.

BOARD OF DIRECTORSDatuk (Dr) Aminar Rashid bin Salleh (Chairman)

Mr Low Hin ChoongMr Ng Seng Kong

Dato’ Anwar bin Haji @ AjiEncik Muhammad Lukman bin Musa @ Hussain

Ms Wong Fay Lee

CHIEF EXECUTIVE OFFICER (CEO)Dr Muhammad Iqbal bin Shaharom

MBM RESOURCES BERHAD’S SUSTAINABILITY COMMITTEE TEAM

Ms Edawati Heli Ms Rohaida Abd Rashid

AUTOLIVHIROTAKO

HIROTAKO ACOUSTICS

OMI GROUP

DAIHATSU MALAYSIA

FEDERAL AUTO

HOLDINGS

Mr Vellayadevan

Muthiah

Ms Ong

Soon Yee

Encik Muhammad Radzi Ahmat

Suhaimi

Encik Muhamad

Ramzi Zahir

Ms Janet Chong Mung Wooi

Ms ChristineTheresa

Ms Ruby Teh

Mr Choo Chuon

Kong

Encik Wan Mohd Amir Wan Norazmee

Mr Andy

Carlson Anak Granger

Ms Arnie

SyuhaidaMd Zelan

Encik Rosli bin

Idris

Ms Azierah Deezie

Encik Muhammad

Fahmi Norrizan

Encik KhairilAshraf Ismail


SUSTAINABILITY STATEMENT

OUR SUSTAINABILITY GOALSEnvironmental

We recognise the importance of environmental protection for

the long term sustainability of our businesses. As highlighted

in our previous report, our materiality matters showed that the

most immediate issues within our own operations are related

to resource use and the impact of the consumption of energy,

water and waste generation. MBMR Group of companies

mainly operate in industrialised zones in Shah Alam, urban

primary areas in Kuala Lumpur and few other states in Malaysia.

Therefore, our significant target is to minimise carbon footprint,

reduce energy consumption, lower water impact and improve

waste management.

ENERGY SAVINGElectricity consumption is the largest direct source of carbon

emissions by the Group and we are committed to manage and

reduce our energy usage. We target to achieve at least 5%

electricity consumption for 2020 and committed to continue to

monitor the conservation of energy. While working on assessment

on carbon footprint, our Group of companies continue to initiate

energy saving activities such as:

• Change use of normal lightings to LED.

• Scheduled maintenance inspection to reduce high energy

consumption during start up.

• Electricity consumption control within the company by

implementing timer switches.

• Implementation on solar panel investment.

In our previous report, we have disclose the total consumption and

savings from some of the above initiatives and we will continue

to share the details in our full report. As for the initiatives that

are still under planning such as solar panel installation, we plan to

disclose on the investments of the above initiatives, the process,

and the initial outcome of the implementation.

WATER CONSERVATIONAlthough we are well aware that Malaysia are blessed with an

abundance of water resources, we still conserve the usage of

water to ensure issues such as water shortages and crisis do not

occur in the future.

Our Group consumed 148,393 cubic metric of water in 2019.

Compared to other industries especially in manufacturing, the

total consumption is still manageable. Management approach in

controlling and monitoring the usage of water for cooling process

at the manufacturing plant is effective and the implementation of

cooling tower and water curtain help in reducing the consumption

as the water can be reused or recycled.

Both sectors in the Group will continue to monitor the water

consumption and continuously strive to lower water usage.

Some of the current water conservation practices in MBMR are:

• Water treatment for manufacturing operations in HASB

and OMI.

• Rain water harvesting at Menara MBMR (monitored by

MBMR Properties Sdn Bhd).

• Water recycling for manufacturing chiller systems.

2,818,1282,881,9322,857,428

2,287,9232,369,811

2,692,816

2,161,896 2,087,940

2,884,464

1,118,2411,564,553

3,136,731

2,572,9692,031,573

2017 2018 2019

1,378,724

AH

SBH

ASB

OM

ID

MSB

FAH

B

Electricity Consumption 2017/2018/2019



MINIMISING WASTEProper waste management is vital for protection of the

environment and local population health. Packaging and waste

have become an increasingly important material issue as

consumers and businesses are finding ways to minimise their

environmental impact. MBMR Group similarly is participating

in implementing strategies to reduce, reuse and recycle waste

and packaging.

Our manufacturing sector uses appropriate technologies to handle

and treat various waste and pollutants in achieving their goal to

minimise waste. Minimising waste include many different kinds of

support and our people are working together to ensure that the

minimising waste programme is implemented accordingly.

These are some of the initiative that has been carried out

throughout the year:

• Ban of plastics usage.

• Reusing discards.

• Comprehensive recycling.

• Reduce schedule waste.

• Waste water treatment.

• Paper recycling for production of goods.

• Reinforce policies, regulations, incentives and financing

structures to support the implementation.

SOCIALMost companies in Malaysia are facing the same issue in

recruitment and retention of employees. In this challenge, we are

focusing more on creating and maintaining safe workplace and

building an engaging, supportive culture to empower our people.

EQUAL OPPORTUNITYAmidst aggressive competition for talent and manpower, we

stand with the principle of equal employment opportunity and

acknowledged as a diverse and responsible employer by all our

people. We always believe that the company and the business

will be stronger when our workforce reflects the communities in

which we operate.

MBMR practices fair treatment to all our people and commit to

provide our people with a working environment that is free from

discrimination and harassment. Our aim is always to provide

the most efficient and comfortable working environment for

our people.

In general, our workforce reflects the diversity in gender,

ethnicity, religion and culture. This diverse culture is celebrated

by the Group with organising events such as Chinese New Year

dinner, Raya open house and Deepavali open house dinner.

12,61611,1289,483

6,7775,989

4,756

367,746445,120

47,445

52,65452,962

66,326

23,11323,094

2017 2018 2019

16,507

AH

SBH

ASB

OM

ID

MSB

FAH

B

Water Consumption 2017/2018/2019



HEALTHIER WORKPLACEWe believe that our people are the driving force of a strong

business and that a motivated workforce delivers value to

our stakeholders.

Fitness activities have been proven to improve health and

wellbeing as well as foster teamwork and a stronger work culture.

MBMR promotes a healthy lifestyle by encouraging our people

to maintain their fitness through regular exercise and participate

in sports activities organised by the Group. The motivation and

interest furthermore come with encouragement from support

such as venue, equipment and prize sponsorship by the company.

Besides building a healthy community, this encouragement also

indirectly creates healthy competition and fair game which in

practise can make our people more focused on delivering better

results and continuously improving their skills and strategy.

Below are a few of the activities conducted in 2019 by the MBMR

Group:

• Badminton Tournament

• Charity Runs

• Fit Run

• Bukit Gasing Hiking

• Bowling Tournament

• Table Tennis Tournament

To measure the effectiveness of our activities, we plan to view our

employees’ overall health improvement reports from quarterly

health reports from the subsidiaries. This effort will require support

from the Human Resources Departments and the Business Unit

Head. This is part of the improvement plan that we believe will

benefit the company in the long run. The measure shall be able

to justify the returns of the investment in the time, efforts and

amount of support by both employer and the employees.

COMMUNITY ENGAGEMENTOur community engagement campaigns and programmes focused

on creating the awareness of the importance of safety, health,

relationship and environmental conservation.

We are continuously involved in sharing information and are always

looking forward to participate in events that involve educating the

community in topics related to our businesses.

In 2019, we conducted various activities that involved almost all

levels of community – from individuals to government agencies.

We are committed to balance our business needs with the

support for community growth and well-being. So, it is important

to us to take a more strategic approach to planning our future

investment programmes that are linked to our business and areas

of operations. The investment strategy will focus on support

programmes for community safety education, environmental

awareness and health activities.

Although we have yet to establish any specific community

investment, as part of our continuing commitment to improve

the support to our community, we successfully organised our

corporate social responsibility programmes such as KITA Festival,

PINK October, Rohingya Winter Mission 3.0, blood donation

drive, visit to old folks home, donation to Red Crescent Malaysia,

and more in 2019.



STAFF BENEFITS AND DEVELOPMENTIt is the norm in any organisation that compensation and benefits play a vital role in organisational performance. In MBMR, we always evaluate and assess the employee’s compensation and benefits aspects as we are well aware that this is part of the contributing factor to our business performance.

MBMR Group management has implemented a strategic compensation and benefits scheme to clearly define the salaries grading of new recruitment, incremental scheme of salaries, the method of rewarding and giving incentives, and other indirect reward schemes.

Part of the benefits received by the employees includes skills development and training. Employees within the Group receive training in areas relevant to their function. Relevant employees receive ongoing training on the latest legal and regulatory requirements such as updates to the Employment Act, Company Act and MACC Act.

Trainings always take place as priority in MBMR Group. We encourage our people to keep themselves efficient by upgrading their skills, education level and even general knowledge of new areas of their interest.

Our full report will share on the outcome of the trainings and how the trained employees share their knowledge and training experiences with their colleagues. In one of our sustainability effort – staff retention and development, it is a must for the staff to upgrade their skills and knowledge that are related to their work. On yearly basis, each department’s heads are encouraged to set training targets for their subordinates and work on the

financial planning for management approval.

MINIMISING INJURIESNothing is more important than the safety and health of our

people. We ensure everyone is well educated and committed to

minimising injuries in the workplace.

We aim to foster a risk-adverse working environment, eliminate

safety hazards and target zero fatalities all across our Group.

It is not only the management’s responsibility but also that of

the people involved in achieving this goal. MBMR strive to

ensure that our people understand that they have a share in this

responsibility and everyone is accountable for not only their

personal health and safety but also their colleagues.

In related to the above, we always keep our people reminded,

educated and at all times aware of the hazards around them at the

work place. The reminder, education and awareness continues

and are scheduled in advance on a yearly basis.

• Health screening and blood donation program.

• Distribute a N95 mask to all DMM’s outlets.

• Organise safety talk such as Fire Prevention program.

• Ensure that all facilities are well maintained and safe to be used.

• Forklift training for the manufacturing sector.

• Chemical spillage audit.

• Fire drill training.

• Safety campaign by NIOSH.

• Safety DOJO visit by Autoliv.

• CPR and AED training.

• Monthly audit for fire equipment and first aid.



OUR STAKEHOLDERSAs a business entity, we operate within the regulatory parameters in the countries which we conduct business, and the general community

at large. As such, our stakeholders are as follows:

ShareholdersBetter Investment

Returns

EmployeesBetter Benefits and

Compensation

CommunityContinuous Support in Educating the People

Around UsCustomersTo Be More

Customer Centric

SuppliersMore Business Opportunities with Fair Deals

ContractorsFair Negotiation

and BusinessOpportunities

Business PartnersBetter Future Business

Engagement

GovernmentAgencies

Continuous Support in Protecting the

Environment and Sharing Our Prosperity

Stakeholders

Our goals are to:

Our Shareholders• Continuous effort to maintain long-term stability and growth in

shareholder value and return on investment, and to enhance the

competitive position of our business.

• Investing to build on and preserve the value of our assets,

capabilities and relationships.

• Responsible management of our investment and business risks.

• Recognition of the importance of social and environmental

issues to our shareholders and our shared values.

• True, fair and complete disclosure of the financial position and

operating performance of MBMR group.

Our Employees• A work environment free of harassment or discrimination based

on gender, physical or mental state, race, nationality, religion,

age, family status or sexual orientation, or any other attribute

recognised by the laws of the country.

• A culture of respect, trust and mutual understanding fostered

through open, two-way communication, positive encouragement

of employees’ participation in discussions and willingness to discuss

problems and concerns raised at any level in the organisation.

• Opportunities for learning and professional and career

development.

• Remuneration structures that provide fair rewards for

contributions made, together with retirement and health care

benefits.

• Objective performance assessments and decisions with clearly

articulated performance goals and expectations.

• Recognition and rewards for excellence in individual and team

performance.

• A safe, healthy and productive work environment, complemented

with the necessary training, equipment and support.

• Safeguards for the privacy of personal data and employee records.

• Encouragement of work-life balance.



Our Communities• Earning the acceptance of the communities in which

we operate.

• Contribution to the development of sound government

policies and laws that balance the social, economic and

environmental needs of the communities we serve.

• Participation in public education on safety and

environmental related issues.

• Active engagement in activities in the community.

Our Customers• Safe, reliable and cost-effective products and services

to customers.

• Continuous improvement in the value of our services.

• Delivery of customer service pledges and regulatory

requirements.

• An effective response to customer needs and

preferences concerning our products and services.

Our Business Partners and Suppliers• Impartial business decisions made without conflict of

interest or undue influence.

• Safeguards against bribery and unethical behaviour

and practices.

• Exchange of experience and knowledge for

mutual benefits.

• Long-term, mutually beneficial relationships.

STAKEHOLDER’S ENGAGEMENTAs a public listed company, we interact with numerous

stakeholder groups at national level. Stakeholder

engagement is one of the aspects that are managed and

considered as part of an important ingredient for the

successful mission in any of MBMR’s developments. We

engage our stakeholders to understand their diverse and

evolving expectations and incorporate that understanding

into our business strategies.

Our consistent adoption of a transparent approach to our

investor’s relation efforts continues with events, meetings

and visits by the community.

Events Description Frequency

Annual General Meeting (AGM)

Yearly meeting with the members or shareholders was held on 24 May 2019 at The Royale Chulan Hotel, Damansara. During the meeting a presentation of the company’s financial performance and other activities was reported by the CEO, Dr Muhammad Iqbal bin Shaharom and new Board Members were elected. We also shared our future plans during this meeting to ensure our stakeholders are aware of the business developments.

Once a year

Analyst Briefing

Two briefings organised simultaneously with the release of our quarter 2 and quarter 4 results to Bursa Malaysia. The briefings attended by financial analysts, fund managers and research analysts to gain further insight and review of the presented results.

Twice a year

Events with Authorities

Events organised with the local authorities and regulators in sharing our knowledge with the community. The list of events shared in our community engagement is in this report.

Occasional

New Outlets Launch and Media Relation

The media involvement in our Group are important as they are the main channel for our media coverage on any events we organise. In 2019, we launched a new centre in the Northern region of Malaysia as part of our business expansion plan.

Occasional

Websites and Email

Our website - www.mbmr.com.my, provides information on the company’s subsidiaries, business partners, associates and updated information on our business performance. We formed a team to monitor the updates and progressively enhance the website on a timely manner.Currently, we are in the midst of updating our website and looking forward to a new look in 2020.We also can be reached at [email protected] to ease our investors, suppliers, contractors and the community to communicate with us.To ease our monitoring on the whistleblowing matters we created a new email especially for community that have any disclosure related to inappropriate practices occurring within the MBMR Group. We can be reached at [email protected].

Progressively



MATERIALITY MATTERSOur focus in 2018 was to define the materiality matter

and to set the sustainability target for 2021. As part

of the process to derive this report, as well as to go

one step further and define the reference points for

a comprehensive sustainability strategy, in July 2019,

we conducted a sustainability workshop, bringing

together the internal company perspective with that

of MBMR’s broad range of external stakeholders.

The workshop shares the details of sustainability

reporting and the importance of sustainability. During

the session, we held a discussion on which topics

carried the highest relevance for MBMR at that point

in time and the topics set to gain importance in the

future. The structured workshop included Business

Unit Heads, Human Resources, Internal Auditors,

and Operation Departments of all subsidiaries,

Finance and Procurement and Risk Management.

Input and feedback received throughout 2018 in

various interactions with customers, employees,

investors, regulators, and other external stakeholders

was incorporated into the discussion. The outcome

was summarised, verified with senior management,

and fed into the resulting materiality matrix. The

comprehensive sustainability strategy definition will be initiated in the second

half of 2020.

The details behind each category in the matrix, as well as the reasoning behind

their placement, are described below (see graphic and tables).

10%

20%

30%

40%

50%

60%

70%

80%

90%

100%

10% 20% 40% 60% 80% 100% 120%

Innovation

Government/RegulatorsPolicy & GovernanceWaste Management

WaterRaw Materials

Customer Satisfaction

Product Quality

Safety & Health

Employee Relation

Sta� WelfareEnergy

CSR

Significance of Group’s Economic, Environmental and Social Impacts

Influ

ence

on

Skat

ehol

der A

sses

smen

ts a

nd D

ecisi

ons

Material Matters Aspect Included Explanation

Product Quality - Sustainable products- Quality standards- Certifications

Consumer behaviour is changing and resources are becoming scarcer. We are incorporating the questions of how the procurement, production and use of materials can reduce the dispose section in the waste management inverted pyramid. It is also important for us to ensure that our products meet the predetermined standard by the regulatory.

Customer Satisfaction

- Customer relations- Service quality- Feedback

Customers are one of our most important stakeholder and it is crucial for us to maintain an ongoing positive interaction with them to understand their needs and thus provide best-fitting solutions for them. Only with our customers are partners can we create a sustainable impact across the organisation.

Policy & Governance - Corporate governance- Business ethics and

compliance- Human rights

A well-directed, administered and controlled organisation to ensure its stability and the integration of stakeholders’ expectations and interest particularly the corporate governance: independence of the BOD; existence of specific committees.

Raw Materials - Resources management- Alternative materials

All materials are scarce and it is important to well manage the consumption. Scarce of materials also means cost efficiency. Limitation of access to get the materials will cost the materials to be more expensive. Thus, alternative materials are crucial.

Waste Management - Management methods- Regulators requirements

An improper solid waste management system may contribute to a worsening environmental degradation of the community. Management are to ensure procedures comply with the regulators requirements in managing the waste.

Materiality Matrix



The following topics were identified as being relevant for the business, but carrying a lower materiality encumbrance. We consequently

keep them on our monitoring for future development, while at the same time ensuring that we mark a positive impact in these matters

with concern to the affected stakeholders.

Material Matters Aspect Included Explanation

Corporate Social Responsibility

- Recognition of local communities’ needs in order to create awareness of our products and services and ensure their positive impact

Our production sites do not carry material risks for or have adverse effects on local communities and the direct impact is low. However, engagement with the community and cooperation with them on a local level is important for us to keep our reputation as a good company to the community.

Energy - Usage/consumption- Operation control- Cost effectiveness

Energy related matter still one of the issue that need to be well monitored. Our management is committed to tackle the challenges to reduce consumption and to be more cost effective.

Staff Welfare - Work-life balance- Health and wellbeing

A good organisation should be able to allow the employees to enjoy their freedom to learn and grow. Develop a continuous improvement culture and recognise good work or achievements. Compensating the employees by providing a healthy and happy environment.

Safety & Health - Safe workplace To care about our people who work for the company and to void any risk impacting their health and physical integrity by ensuring a culture of “Safety First” especially in manufacturing sector.

Employee Relation - Employee management- Training and development

The broad spectrum of functions and roles within our business requires efficiency in human resource management process and the possibility to engage, develop and retain employees. Continuous training and skills devel-opment are mandatory to keep the high quality productivity.

Government/Regulators

- Regulators requirements- Compliance issues

Other than taking regulatory requirements as compliance matters, it is also act as guidelines to be aligned to the business efficiency and responsibility.

Innovation - Innovation in new business models

Innovation is the key to business progress, especially in time of economic cri-sis. Embedded innovation in value chain (ie. Idea generation, Development and Implementation).

Water - Water management Our operations are not water intensive. Yet it is important for us to keep monitoring the water management as it is part of the scarce resources. Sus-tainable water is a significant topic for society at large.


Profile of Directors

Y. Bhg. Datuk (Dr) Aminar Rashid bin SallehAged 60, Male, MalaysianChairman, Independent Non-Executive Director

Qualifications• Diploma in Civil Engineering, University Technology

MARA, Shah Alam• Degree in Civil Engineering, University Technology

MARA, Shah Alam• Executive Diploma in Business Administration,

University of Central Lancashire, United Kingdom.

Working Experience / Other DirectorshipsPresent:• Group Advisor New Business Development of Ingress

Corporation Berhad• Director of Universiti Teknologi Mara (UiTM)• Director of Universiti Teknologi Mara Holdings (UiTMH)Past:• President & Chief Executive Officer of Perusahaan

Otomobil Kedua Sdn Bhd (Perodua) from 2013 to 2018• Managing Director of Perodua from 2009 to 2012• Executive Director, Strategic Marketing Group of UMW

Toyota Motor Sdn Bhd from 2007 to 2009• Executive Director, Strategic Planning Group of UMW

Toyota Motor Sdn Bhd on 2006• Executive Director, Sales Group of UMW Toyota Motor

Sdn Bhd from 2004 to 2005• Director, Human Capital Group of UMW Toyota Motor

Sdn Bhd from 2001 to 2003• General Manager, HR and Administration of UMW

Toyota Motor Sdn Bhd from 1996 to 2001• Manager, Property and Facilities of UMW Toyota Motor

Sdn Bhd from 1992 to 1996• Property and Purchasing Manager of Utusan Melayu

(M) Sdn Bhd on 1992• Property and Maintenance Manager of Techart Sdn

Bhd from 1985 to 1991• Project Engineer, Techart Sdn Bhd from 1983 to 1985 Membership of Board Committees in MBMR:• Audit and Risk Management Committee (Member)• Nominating and Remuneration Committee (Chairman)• Group Transformation Committee (Chairman)

Date Appointed to the Board29 May 2019

Mr. Low Hin ChoongAged 58, Male, MalaysianNon-Independent Non-Executive Director

Qualifications• Bachelor Degree in Business Administration and

Computer Science (Hons), University of Belfast, United Kingdom

Working Experience / Other DirectorshipsPresent:• Director of CathRx Ltd• Director of Perusahaan Otomobil Kedua Sdn Bhd• Director of Hirotako Holdings Berhad• Director of Federal Auto Holdings BerhadPast:• Director of Daihatsu (Malaysia) Sdn Bhd

Membership of Board Committees in MBMR:• Long Term Incentive Plan Committee (Chairman)• Group Transformation Committee (Member)



Y. Bhg. Dato’ Anwar bin Haji @ AjiAged 69, Male, MalaysianIndependent Non-Executive Director

Qualifications• Master of Arts, International Studies, Ohio University,

United States of America• Bachelor of Economics (Hons), University of Malaya,

Malaysia

Working Experience / Other DirectorshipsPresent:• Chairman of Zelan Berhad• Director of CIMB Principal Asset Management BerhadPast:• Chairman of Faber Group Berhad from 2001 to 2008• Various management positions in Khazanah Nasional

Berhad from 1994 to 2004 including the position of Managing Director.

• Special Assistant to the Secretary General of the Ministry Finance from 1993 to 1994

• Principal Assistant Secretary in the Finance Division, Federal Treasury under Ministry of Finance from 1991 to 1993

• Deputy Director of Petroleum Development Division under Prime Minister’s Department from 1986 to 1991

• Principal Assistant Secretary in Foreign Investment Division, Economic Planning Unit under Prime Minister’s Department from 1982 to 1984

• Attachment with Investment Division of the Malaysian Tobacco Company Berhad under the British Malaysia Industry & Trade Association training scheme from 1984 to 1985

• Principal Assistant Secretary in Economic & International Division, Federal Treasury under Ministry of Finance from 1980 to 1981

• Principal Assistant Secretary in Budget Division, Federal Treasury under Ministry of Finance from 1978 to 1980

• Assistant Director in Industries Division under Ministry of International Trade & Industry from 1973 to 1978

Membership of Board Committees in MBMR:• Audit and Risk Management Committee (Chairman)• Nominating and Remuneration Committee (Member)• Long Term Incentive Plan Committee (Member)

Date Appointed to the Board16 January 2018

Mr. Ng Seng KongAged 66, Male, MalaysianNon-Independent Non-Executive Director

Qualifications• Fellow Member of the Association of Chartered Certified

Accountants, United Kingdom• Fellow Member of the Chartered Institute of Management

Accountants, United Kingdom• Member of Chartered Global Management Accountant

Working Experience / Other DirectorshipsPresent:• Managing Director of UMS Holdings Berhad• Chairman of Hirotako Holdings Berhad• Director of Federal Auto Holdings Berhad• Director of Hino Motors Sales (Malaysia) Sdn Bhd• Director of Hino Motors Manufacturing (Malaysia) Sdn BhdPast:• Director of UMS Corporation Sdn Bhd from 1981 to 2001• Financial Controller in MKS Sdn Bhd from 1980 to 1981• Auditor of a chartered accounting firm in London from

1975 to 1979

Membership of Board Committees in MBMR:• Long Term Incentive Plan Committee (Member)

Date Appointed to the Board1 October 2015


Profile of Directors (continued)

Encik Muhammad Lukman bin Musa @HussainAged 45, Male, MalaysianNon-Independent Non-Executive Director

Qualifications• Fellow Member of the Institute of Chartered Accountants

in England and Wales• Member of the Malaysian Institute of Accountants• Bachelor degree in Accountancy Studies, University of

Portsmouth, United Kingdom

Working Experience / Other DirectorshipsPresent:• Independent Non-Executive Director and Chairman of

Audit Committee of 7-Eleven Malaysia Holdings Berhad• Advisor of ECS Solutions Sdn BhdPast:• Acting Chief Executive Officer and Chief Financial Officer

of MARA Corporation Sdn Bhd from 2016 to 2019• Chief Operating and Financial Officer of Unitar Capital Sdn

Bhd from 2011 to 2016• Audit and Assurance Director of Ernst & Young from 2008

to 2011• Manager under Banking and Capital Market Group of Ernst

& Young LLP, London from 2003 to 2008• Internal Auditor of Habib Bank AG Zurich from 2002 to

2003• Senior Auditor of John Cumming Ross Ltd in 2001• Senior Auditor of Andersen & Co, Malaysia (formerly

known as Arthur Andersen & Co) from 1998 to 2001

Membership of Board Committees in MBMR:• Audit and Risk Management Committee (Member)• Group Transformation Committee (Member)

Date Appointed to the Board28 January 2019

Ms. Wong Fay LeeAged 56, Female, MalaysianNon-Independent Non-Executive Director

Qualifications• Bachelor Degree in Law, University of Sydney• Graduate Diploma in Applied Finance and Investments,

Securities Institute Australia

Working Experience / Other DirectorshipsPresent:• Chairman of Federal Auto Holdings Berhad• Director of Apex Investment Services Berhad• Director of Med-Bumikar Mara Sdn Bhd• Director of Daihatsu (Malaysia) Sdn BhdPast:• Group Head of Risk, Legal & Compliance of MBM

Resources Berhad from 2011 to 2018• Managing Director of Federal Auto Holdings Berhad from

2016 to 2017• Executive Director of MBM Resources Berhad from 2014

to 2017• Private Equity Investing from 2002 to 2010• Risk Management Consultant at the Clearing Division of

the Hong Kong Exchange from 2001 to 2002• CEO and Director of Malaysian Derivatives Clearing

House Berhad from 1995 to 2000• Manager, Product Development of Malaysian Securities

Commission from 1993 to 1995• Senior Solicitor with Mallesons Stephen Jaques in

corporate, banking and finance practice (Sydney and South East Asia offices) from 1987 to 1992

Membership of Board Committees in MBMR:• Nominating and Remuneration Committee (Member)• Group Transformation Committee (Member)


Notes:1. Save as disclosed, none of the Directors has any family relationship with any Director and/or major shareholders of the Company.2. None of the Directors has any conflict of interest with the Company.3. Other than traffic offences, none of the Directors have been convicted of any offences within the past five years nor have been imposed any public sanction or penalty by the relevant regulatory bodies during the financial year 2019.


Dr. Muhammad Iqbal bin ShaharomAged 62, Male, MalaysianPresident & Chief Executive Officer

Qualifications• Bachelor Degree in Business

Administration (BBA) – Major in International Business & Banking, University of Toledo (AACSB), Ohio, United States of America

• Master’s Degree in Business Administration (MBA) – Major in Finance & Strategic Management, University of Toledo (ACCSB), Ohio, United States of America

• Business Administration (DBA, University Utara Malaysia) (AACSB)

• Certified Professional Trainer and Facilitator (CPTF), University Malaya

• Institute for Mergers, Acquisition & Alliance (IM&A & M&AP) Vienna, Austria

Working Experience / Other DirectorshipsPresent:• President & CEO of MBM Resources Berhad• Director of Federal Auto Holdings

Berhad• Director of Daihatsu (Malaysia) Sdn Bhd• Director of Autoliv Hirotako Sdn Bhd• Director of Oriental Metal Industries

(M) Sdn BhdPast:• Managing Director of Daihatsu

(Malaysia) Sdn Bhd• Vice President – Corporate of MBM

Resources Berhad• Vice President – Motor Trading of

MBM Resources Berhad• Chief Operating Officer of DRB-Hicom Holdings Berhad• Deputy Chief Marketing Officer of

Chery Automobile (M) Sdn Bhd• Vice President of Naza Quest Auto

Sdn Bhd

Date Appointed to MBMR:4 October 2018

Mr Ngeow Zoo GinAged 61, Male, MalaysianVice President, Manufacturing

Qualifications• Bach (Hons) Mechanical Engineering,

University Malaya Working Experience / Other DirectorshipsPresent:• Vice President, Manufacturing of MBM

Resources Berhad• Chief Operating Officer of Autoliv

Hirotako Sdn Bhd• Director of Hirotako Acoustics Sdn

Bhd• Director of Oriental Metal Industries

(M) Sdn BhdPast:• Factory Manager of Paragon Union

Bhd (1990- 1995)· • Tan Chong Motor Assemblies Sdn

Bhd (1982- 1990)- Last position as Purchasing Manager

Date Appointed to MBMR:1 March 2018

Ms Chin Tze Fui @ Annie ChinAged 51, Female, MalaysianChief Financial Officer

Qualifications• Bachelor of Science in Accounting

(Honours), Oklahoma State University, United State of America

• Member of Malaysian Institute of Accountants (MIA)

Working Experience / Other DirectorshipsPresent:• Chief Financial Officer of MBM

Resources Berhad• Director of Daihatsu (Malaysia) Sdn Bhd

Past:• Group Financial Controller of MBM

Resources Berhad• Partner of Annbren Management &

Consultancy Services • Group Financial Controller of Scomi

Group Berhad• Regional Finance Controller of Scomi

Group Berhad, Oilfield services• Audit Manager of Ernst & Young

Date Appointed to MBMR: 1 November 2016

Encik Ijlal bin Mohd NadzirAge 43, Male, MalaysiaDirector, Transformation Office

Qualifications• B.A. (Hons) Accounting and Financial

Studies, University of Exeter, UK• Certified Training Professional,

ARTDO-ITD International Working Experience / Other DirectorshipsPast:• Board of Trustees of Kelab Belia

Kalsom (The Kalsom Movement)• Director/Head, Group Human Capital

of MARA Corporation Sdn Bhd• Director of UNITAR Academy Sdn Bhd• Director, Vice Chancellor’s Office of

UNITAR International University• Head of Collaboration of Arise Asia

Sdn Bhd• Vice President, Strategic Human

Capital Management of Khazanah Nasional Berhad

• Consultant of Mercer Human Capital Consulting

Date Appointed to MBMR:4 February 2020

Note:The above management team have no family relationship with any Director and/or major shareholder of the Company, have no conflict of interest with the Company, have not been convicted of any offences, other than traffic offences, within the past five years, nor imposed any public sanction or penalty by the relevant regulatory bodies during the financial year 2019.

Management Team Profile

From left to right: Dr. Muhammad Iqbal bin Shaharom, Mr Ngeow Zoo Gin, Ms Chin Tze Fui @ Annie Chin and Encik Ijlal bin Mohd Nadzir

Documents

Sustainability Statement - listed company