AwanBiru Technology Berhad - Annual Report 2021

Financial Results Our timely release of financial results on a quarterly basis provides shareholders with the latest information on the Group’s performance and operations. Where required, an analyst briefing is held after the release of each quarter’s financial results to Bursa Malaysia Securities Berhad. Materials presented during these briefing sessions are made available to investors upon request and are also featured on the Group’s website. Shareholder Base We have a shareholder base of 7,126 institutional and retail/ private shareholders as at 30 June 2021. An increase of 11.22% against our shareholder base of 6,407 on 30 June 2020. Maybank Trustees Berhad for Areca Dynamic Growth Fund and Eco Cloud Assets Sdn Bhd are our two major shareholders with direct equity holdings of 13.07% and 10.11% of our total share capital respectively. Foreign shareholding accounted for 2.64% of the total. As a Shariah-Compliant company, Awantec is committed to responsible investments that are free from usury, gambling and ambiguity while striving for steady and sustainable profitability. Share Performance Our share price was on an upward trend in the FY2021. This can be attributed to the strategic position that we have with our products and services, amid the pandemic which are well-poised for the nation-wide digitalisation push. The share price opened at RM0.40 on 1 July 2020, and closed at RM0.80 on 30 June 2021, representing a 100% increase for the financial year, for a total of 787,425,100 shares (including treasury shares). Dividend Policy and Return to Shareholders Awantec issuance of dividend is guided by its Dividend Policy which sets the distribution of dividends at a minimum of 50% of Profit After Tax. The said policy was approved in 2016 and has been practiced since to reward our shareholders for their commitment and loyalty to the Group. You may visit our website at https://www.awantec.my for more information on our distribution of dividends. For the financial year ended on 30 June 2021, the Board of Directors did not declare any dividend. This decision was a result of the continuation of our rationalisation plan that includes among others, cost cutting measures to improve Awantec’s cash flow and to increase our working capital. Announcements of Quarterly Results 4 th Quarter Result FY2020 27 August 2020 1 st Quarter Result FY2021 26 November 2020 2 nd Quarter Result FY2021 24 February 2021 3 rd Quarter Result FY2021 27 May 2021 4 th Quarter Result FY2021 27 August 2021 Principle 2: Stakeholder Engagement and Disclosure Awantec | Sustainability 60 Annual Report 2021