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Managing Risks and Opportunities

Recognising the Climate Change to the Company and Business

We recognise that due to Sustainability Policy implementation and other factor of change such as climate change, shift in demand, rapid technological advances and new upcoming disruptive technologies poses risks as well as opportunities to the Company, the business, to the investors, and stakeholders. 

Through stakeholder engagement, we continue address and disclose our risk management where the Committee is expected to provide assurance that the risk management and internal control systems are operating adequately and effectively based on the risk management framework adopted. 

Risk

Convergence in the Information Communications Technology (ICT) landscape 

This has resulted in societal changes leading to a need to revamp traditional markets and business approaches. The global internet platform has reshaped the industry and market with rapid technological advances and new upcoming disruptive technologies.

 

Product Risks 

 

Prestariang provides software license distribution and management synergistically with ICT Training & Certification business activity. The demand for the products and services has shifted from the traditional to more dynamic way of doing business.

Electricity Risks 

 

Increases in electricity tariffs, the increase of business services are some of the identified risk to the environment. The Sustainability Working Committee monitors this closely to provide necessary preventive measure before emission increases per employee.

Physical Location Expansion 

Increase of employee requires increase on space, where expansion of location, commuting from one branch to another will pose environment concern of higher GHG emission. The Sustainability Working Committee monitors this closely to provide necessary preventive measure before emission increases per employee.

Managing Risks and Opportunities

Recognising the Climate Change to the Company and Business

We recognise that due to Sustainability Policy implementation and other factor of change such as climate change, shift in demand, rapid technological advances and new upcoming disruptive technologies poses risks as well as opportunities to the Company, the business, to the investors, and stakeholders. 

Through stakeholder engagement, we continue address and disclose our risk management where the Committee is expected to provide assurance that the risk management and internal control systems are operating adequately and effectively based on the risk management framework adopted. 

Risk

Convergence in the Information Communications Technology (ICT) landscape 

This has resulted in societal changes leading to a need to revamp traditional markets and business approaches. The global internet platform has reshaped the industry and market with rapid technological advances and new upcoming disruptive technologies.

 

Product Risks 

 

Prestariang provides software license distribution and management synergistically with ICT Training & Certification business activity. The demand for the products and services has shifted from the traditional to more dynamic way of doing business.

Electricity Risks 

 

Increases in electricity tariffs, the increase of business services are some of the identified risk to the environment. The Sustainability Working Committee monitors this closely to provide necessary preventive measure before emission increases per employee.

Physical Location Expansion 

Increase of employee requires increase on space, where expansion of location, commuting from one branch to another will pose environment concern of higher GHG emission. The Sustainability Working Committee monitors this closely to provide necessary preventive measure before emission increases per employee.

Opportunities

Transformational Business 

Due to the rapid technological advances, disruptive technologies and the emphasis on sustainability, we are also shifting and expanding opportunities. We no longer brand ourselves as a training and certification in ICT and distributor of software licences. We now shift the adoption to Technology & Talent which enables growth, innovation, creativity, operational effectiveness and adopt sustainability method in the markets in which we operate.

 

Dynamic Businesses Model 

 

In gaining a competitive advantage and enhancing the value of our products and services that aligned with the Group's transformation strategies, we have extended several value added services to this core segment of our business. We now offer consultancy services, hardware, project management and asset management for our customers in the Federal Government, State Governments, other government agencies and the private sector.

Innovative learning 

 

To capitalised on emerging technologies critical to the development of the digital economy which are transforming teaching and learning method. The major role of these technologies in education is to empower tech-enabled individuals to present educational activities. ICTs allow open source learning rather than manual source learning, thus encouraging students to be innovative, creative and proactive. 

We are also revamping and remodelling the delivery of training through mobile apps and cloud-based applications. This is shared and saves energy – which eventually lessen GHG emission.

Responsible Investments in Sustainability and Green 

The Board is vested to pursue a more responsible investment that relates to sustainability. This also includes investment that incorporates the ESG factors into decision makings. The expanding pool of socially responsible investors are on the rise and we must engage the stakeholder wisely to that green and sustainability will to continue to the forefront in decision makings.

Prestariang is a Technology and Talent Pioneer that has evolved from being Malaysia’s largest ICT software and training service provider to a leading Technology and Talent Services Platform Innovator.

Contact

Prestariang Berhad
Star Central, Block 12,

Lingkaran Cyber Point Timur,

Cyber 12, 63000 Cyberjaya,

Selangor, Malaysia.

T : (+603) 8689 7000
F : (+603) 8689 7009

 

Emails
General            : inquiry@prestariang.com.my

Sales Inquiry    : mla@prestariang.com.my
Training Inquiry : 
learning@prestariang.com.my

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