AwanBiru Technology Berhad - Annual Report 2021

What's Inside 01 Who We Are FY2021 At a Glance Key Events 10 Years of Progress in Transforming Lives through Technology and Talent About Awantec 2 6 8 10 04 Corporate Structure Corporate Information Board of Directors’ Profile Senior Management Profile Corporate Structure 28 29 30 35 02 Chairman’s Statement Management Discussion & Analysis Key Messages 12 17 05 Tone from the Top Overview Sustainability at Awantec Principle 1: Sustainable Lifelong Learning Environment Principle 2: Stakeholder Engagement and Disclosure Principle 3: Commitment to Corporate Responsibilities Principle 4: Engaging Workplace Principle 5: Governance to Drive Compliance and Best Practices Sustainability 39 40 42 52 57 61 66 75 06 Corporate Governance Overview Statement Audit Committee Report Remuneration Committee Report Nomination Committee Report Long Term Incentive Plan Committee Report Risk Management Committee Report Statement on Risk Management and Internal Control Additional Compliance Information Statement of Responsibility by Directors Transparency 80 103 107 109 111 113 115 120 122 07 Directors’ Report Statement by Directors Statutory Declaration Independent Auditors’ Report Statements of Financial Position Statement of Profit of Loss and Other Comprehensive Income Statement of Changes in Equity Statements of Cash Flows Notes to the Financial Statements Financial Review 124 131 131 132 137 139 141 144 146 08 List of Properties Analysis of Shareholdings Notice of Annual General Meeting Form of Proxy FTSE4Good Content Index Accountability 239 240 247 255 257 03 Financial Highlights Financial Position Share Performance Chart Financial Calendar Performance Review 24 25 26 27 Cross-referencing can be done via our corporate website: www.awantec.my Feedback We are fully committed to listening to our stakeholders, and we welcome feedback on this report and any aspect of our performance. To provide feedback, or for any inquiries on our report, please contact: Corporate Communications Department AwanBiru Technology Berhad (formerly known as Prestariang Berhad) Email: ir@awantec.my Telephone: +603 8689 7000 Fax: +603 8689 7009