BIMB Integrated Annual Report 2017

66 Intended Outcome There is continuous communication between the company and stakeholders to facilitate mutual understanding of each other’s objectives and expectations. Stakeholders are able to make informed decisions with respect to the business of the company, its policies on governance, the environment and social responsibility. Practice 11.1 The board ensures there is effective, transparent and regular communication with its stakeholders. Application : Applied. Explanation on application of the practice : The Board has direct control over the Company, and therefore owes fiduciary duties to the Shareholders. The duty of care requires Directors to exercise good business judgement when making decisions to safeguard the interest of the Company and its Shareholders. The Board recognises the importance of timely, complete, accurate and equal dissemination of information with regard to the Company and its Group’s performance and other matters affecting Shareholders’ interest, investors and the general public. Investor Relations (“IR”) The Company has in place an IR Policy to ensure that stakeholders, investors and the investment community, both local and international, as well as the general public are provided with relevant, timely and comprehensive information about BHB. The Company is committed to providing effective and open communication in order to improve disclosure and transparency. The objective of the IR Policy is to lay down the principles and practices to be adopted by BHB in handling its communication so that investors and potential investors could make an informed investment decision and for the public at large to have a clear understanding of the Group and its objectives. IR activities for year 2017 are as follows: Date Event 27 February 2017 Analyst briefing for FY2016 Financial Results 17 May 2017 20 th Annual General Meeting 30 August 2017 Analyst briefing for second quarter 2017 Financial Results 30 November 2017 Analyst briefing for third quarter 2017 Financial Results 25-26 November 2017 Participation as Platinum Sponsor for the inaugural Shariah Investing Fair, organized by Bursa Malaysia