At Prestariang, we believe that corporate and organisational success is justified and truly honoured when a holistic ecosystem is built
around the aspirations of the Company and the people, clients, community and vendors, as well as all other stakeholders such as
investors, the Government and the larger community that we serve.
Stakeholder engagement has been arguably the most important ingredients of successful project delivery, businesses and
value creation as people will only respond if there are engaged. By understanding expectations and responding to concerns,
it allows Prestariang to nurture stakeholders' trust in us and with us.
Below are our key stakeholder groups together with an overview of our engagement activities on our present sustainability
performance, as well as the issues and challenges discussed in order to Prestariang and stakeholders can benefit together
in this holistic ecosystem.
Sustainability Concerns Discussed
Shareholders, Investors, Fund Managers and Analyst
Annual general meeting
Extraordinary general meeting
Quarterly Analyst Briefing
Investor relations activities/events
Update on Business Performance
Creating shareholders' value
Sustainable future businesses
Employee Engagement Survey
Social / Volunteer Programmes
Health & Safety Policy
Clients / Customers
Periodic Project Meetings and Visits
Joint Business Planning
Customer Satisfaction Survey
Roadshows, Event and Activities
Sustainable ways of sharing of information
Promotional / Loyalty offers
Sustainable Customer Service
Quality Service Delivery
Joint Value Creation initiatives
Two – Way Offline and Online Communication Channels
Partnering on Roadshow, Roadshows, Event and Activities
Joint Business Creation
joint value creation initiatives,
Sustainable policy engagement activities.
Social Media Platform
Customer Service Engagement
Student Experience Centres
Promotional / Loyalty offers
Sustainable Customer Service
Quality Service Delivery
Two Way Offline and Online Communication Channels
Sustainable joint value initiatives/ clubs / association
Local Communities and NGOs
Community Engagement through social activities
Community Care and Support
Corporate citizenship and good governance
Social benefit for the communities
Correspondence on regulations
Compliance and Regulations
Policy aligned with areas of national interest including initiatives, innovation and nation building
Vendor / Suppliers
Strategic Partnership Program
Supplier and Procurement Management System
Clear procurement policies and practices
Two – Way Offline and Online Communication Channels
Keeping an open line of communication is essential in corporate progression, and direct engagement allows for
many concerns and questions to be addressed in a new way.
The Board of Directors of Prestariang Berhad ("the Board") is committed to ensure that information and
communication to investors regarding corporate matters, and financial and operational performance of the Group
are accurate, timely, factual, consistent, and broadly-disseminated and where necessary, filed with regulators
in accordance with applicable legal and regulatory requirements.
The Board has developed and adopted as part of its Investor Relations Policy guidelines on Stakeholder
Engagement which stipulate the authorised channels and personnel through which/whom certain information of the
Group shall be approved and disclosed to internal and external stakeholders.
The Policy regulates the review and release of information to regulatory authorities, facilitating timely and
accurate disclosure of the Company's affairs and includes internal and external corporate communications and
investor relations activities.
Annual General Meeting 2017, Shangri-la, Putrajaya
The timely release of financial results on a quarterly basis provides the investment community with an
up-to-date view of the Group's performance and operations. An analysts' briefing is always held after the
release of the quarterly financial results to Bursa Malaysia Securities Berhad (Bursa Malaysia).
Analyst Briefing, RITZ Carlton Kuala Lumpur
Comprehensive presentation slides are prepared for each briefing session where updates on Prestariang's business
activities and its overall growth plans are presented. These slides are shared with investors upon request via
email while announcements and press releases are also made available to the public via the Group's website
following the disclosures made to Bursa Malaysia.
At Prestariang, we clearly identify our stakeholders with various interest groups for transparent and
accountable engagement. We understand the growing importance of stakeholder relations as a discipline in order
to build long term relationships with our shareholders and the wider community.
Prestariang has a shareholder base of 2,229 institutional and retail/private shareholders as at 30 December
2016. Kumpulan Wang Persaraan (Diperbadankan) and AIA Berhad remained as our substantial shareholders with
equity holdings of 11.8% and 9.6% respectively of our total share capital. Foreign shareholding stood at 6.08%.
Our share price dipped in 2016. However, this was an anticipated decline due to the challenging market
environment. The price opened at RM2.97 on 4 January 2016 and closed at RM2.06 on 30 December 2016, representing
a decline of 30.64%.
Returns to Shareholders
The overriding goal and guiding principle for Prestariang is to ensure healthy returns to our shareholders year
after year. We have consistently achieved this by adjusting and transforming our business strategies to suit
prevailing market needs, trends and conditions. We have always remained steadfast in the belief that innovation
holds the key to our future. To date, our business philosophy of embracing change as the way forward has paid
dividends in increasing shareholders' value over time.
For the financial year ended 31 December 2016, the Board of Directors declared and issued four interim
single-tier dividends of 0.75sen per share, amounting to a total dividend of 3.00sen per share.
Total dividend payout in 2016 was RM14.5 million constituting 161% of PAT. This augurs well for shareholders'
confidence as we push forward to ensure sustainable growth and returns in our businesses portfolios.
The Board acknowledges the importance of rewarding shareholders with stable dividend growth over time.
In line with the Board's intention to create value for shareholders through a committed dividend policy, the
Board of Directors has resolved and approved in February 2016 that distribution of dividends of minimum 50.00%
of PAT. However, such recommendation and payments of dividends will depend upon a number of factors, as
Availability of adequate distributable reserves and cash flows;
Operating cash flow requirement and financial commitments;
Anticipated future operating conditions, as well as future expansion, capital expenditure and investment
Any material impact of tax laws and other regulatory requirements.
Actual dividends proposed and declared may vary depending on financial performance and cash flow, and may be
waived if the payment of dividends would adversely affect the cash flows and operations of the Group.
We reiterate our dividend commitment through the dividend payment table below:-
Prestariang has and will continue to introduce programs aimed at building better lives, especially in the area
of enhancing education opportunities. We are particularly committed to helping underprivileged children. At
Prestariang, we view Corporate Responsibility ("CR") as an integral part of our overall strategies to
fundamentally strengthen our business while contributing to society at the same time.
As a Shariah-Compliant counter, Prestariang is honoured to ensure that 2.5% of our annual profits go towards
charitable causes such as orphanages and other homes for the aged, infirmed, underserved and underprivileged.
Prestariang total sponsorship and donation for year 2016 totalled was over RM1,160,000.00. We will continue to
refine our CR approach in order so that our way of empowering communities will have a longer lifelong and
sustainable impact whilst incorporating sustainable and environment and working towards Company aspirations.
School Adoption Program
With the support from our Board of Directors, Prestariang continues the initiatives of the School Adoption
Program. Sekolah Kebangsaan Sungai Manggis in Banting, Selangor is privileged to be the beneficiary in tandem
with our corporate vision and mission. The objective of this program is to build a sustainable foundation and
develop future talents for the global market.
Official Appointment of School Adoption Program, Sekolah Kebangsaan Sungai
Through planned activities, we will establish the concept of a lifelong learning environment with the aim of
developing talent through technology for students of this school. This will provide greater opportunities for
the youth within the community. The school adoption program enables us to identify and address any inequalities
and inadequacies at this rural school in order to ensure positive learning experiences.
On 5 May 2016, Prestariang inaugurated its first School Adoption program by donating 21 units of computers to
the school. Located in Banting, Selangor, the school was established in 1903 with a student population of 438
and a teaching complement of 36.
The donated computers were installed with the latest Microsoft Office Professional Plus 2016 software. Along
with the handover of computers, Prestariang also helped to enhance the network infrastructure of the existing
computer lab for SK Sungai Manggis.
We also conducted the IC Citizen Training and Certification program for 39 teachers at this school. The program
was held from 30 May to 2 June 2016, during which 34 teachers passed and received the certification.
Recently, Prestariang visited Sekolah Kebangsaan Sungai Manggis in April 2017 to see the how the students have
benefited with our contribution.
Recent Visit to Sekolah Kebangsaan Sungai Manggis
Yayasan Universiti Malaysia
Prestariang supports the Yayasan Universiti Malaysia with the aim of providing students from the lower income
group with opportunities to further their studies in Information Technology (IT) and related fields.
The Foundation identifies and supports deserving students to continue their studies in a broad range of IT
subjects. Selected students will have the opportunity to undergo either pre-university, undergraduate or
post-graduate studies, which will essentially pave the way for them to build careers in the industry. In 2017,
Prestariang contributed RM700,000.00 to the Foundation.
The Foundation ensures sustainable and quality education to nurture the growth of high calibre IT professionals
for the future.
Tabung Pendidikan 1 Bilion (TP1B)
Prestariang remains committed to donate RM200,000 to Tabung Pendidikan 1 Bilion (TP1B) for three
(3) years starting from year 2015 until 2017. TP1B allows the public, corporate and private
institutions and governments to help support human capital development by giving excelled students
from poor families opportunities for higher education. This is an initiative of UiTM Alumni
Association of Malaysia (PAUiTM) where over half a million members once studied in the UiTM
Donations such as this also has injected new vigour and determination to continue to contribute to our nation's
student for the sake of advancement in the field of education. This is in line with Prestariang aspiration for
lifelong learning and talent development.
Dr Abu Hasan Ismail handed cheque to YBhg Dato' Mohd Zaini Hassan, Deputy Chairman Tabung Pendidikan 1
Big Data Competency Centres for Sustainable Learning
There is a growing demand by the Big Data industry as experts are needed to analyse huge chunks of data for
fast, effective and efficient decision making. Malaysia is in need of about 16,000 analysts and data
scientists by 2020.
With solid collaboration with Ministry of Higher Education (MoHE), Prestariang seized the opportunity, by
building and equipping several universities with the latest and state-of-the-art facilities that will enable
universities to provide students with an optimal learning experience, equipped with the right knowledge, tools
and technology for the job market. We truly believe that students are able to gain more through experiential
learning and solving real problems.
There are six (6) Big Data Competency Centres are located across Malaysia at 4 universities and at 1
Universiti Utara Malaysia in Sintok, Kedah,
Universiti Sains Malaysia in Penang,
Universiti Malaysia Terengganu in Kuala Terengganu,
Universiti Malaysia Sarawak in Kota Samarahan,
Politeknik Ibrahim Sultan in Pasir Gudang, Johor, and
Universiti Teknologi Mara in Shah Alam
Big Data Lab @UiTM is the recent and the 6th Big Data Competency Centre in Malaysia launched in May 2017, where
it is another successful CR for Prestariang.
Big Data@UiTM is the 6th Big Data Competency Centre launch in May 2017
Autodesk Design Competition (AMDC)
Autodesk Design Competition (AMDC), a joint collaboration with Ministry of Higher Education (MoHE),
was first introduced in 2009. AMDC started as a way to encourage students' ability in design and
3D drawings using Autodesk software and tools. The design competition utilises the Autodesk
software to inspire young talents towards an innovative and creative culture.
AMDC 2016 is in its 6th year competition, the initiative has grown to attract more students who are eager to
showcase their creativity and innovation in hope of emerging as winners for their categories. Over the years,
the competition categories have also expanded to include students from all disciplines for undergraduates as
well as postgraduates from all higher education institutions in Malaysia, including Private Higher Education
AMDC 2016 Workshop, INTEKMA
AMDC has become the prominent design competition that many students look forward to, where the shift of
interest in digital technology and how it can shape or change our lives has definitely increased among young
UNIMY's Overseas Internship Award offers final year students more than just work experience; it
also offers exposure to a multicultural environment that will challenge them to adapt personally
and professionally. This is another Prestariang sponsorship through UNIMY that is in-line with our
vision on developing talent with technology.
Students will be given the opportunity to travel to Japan, Europe, Australia or the United States
of America where they will visit and intern with universities, industry leaders or both. UNIMY has
allocated three internship batches; August, January and April, where the internship period is
subjected to suitability.
Left to right: Dr. Ramli Ismail, Dean, Centre for Student Experience, UNIMY; Ahmad Naim, Final Year student in
Bachelor of Software Engineering; Dr. Abu Hasan Ismail, President & Group CEO of Prestariang Berhad; and
Viveekdeep Singh, Final Year student, Bachelor of Software Engineering. The students will be bound of a 3-week
overseas internship in Tokyo, Japan in August 2017 after winning the inaugural Overseas Internship Award.
Dr Abu Hasan Innovation Competition (DAIC) 2016
DAIC 2106 is a platform for Universiti Sultan Zainal Abidin (UniSZA) to invite its brightest minds to showcase
their innovation capability while engaging with other students from different institutions. This platform is
aspired to attract talents with big ideas to get together and come up with the best disruptive innovations and
The objective of the competition is for the students to be together to tackle the challenges of the 21'st
century aligned with the United Nation Sustainable Development Goals. DAIC organised by Universiti Sultan
Zainal Abidin (UniSZA) where RM100,000 was sponsored by Prestariang.
Dr Abu Hasan Innovation Competition (DAIC) 2016 in conjunction with the Launching Ceremony of Digital Hub
at Besut Campus, UNISZA Terengganu
The prizes of DAIC were presented to the winners by Dr Abu Hasan, President/ Group CEO of Prestariang Berhad on
8 March 2017 during the Launching Ceremony of Digital Hub at Besut Campus, UNISZA Terengganu officiated by the
Minister of Higher Education, YB Dato' Seri Idris Bin Jusoh.
Knowledge and information are significant influencer on people's lives. The sharing of knowledge
and information, particularly through Information and Communication Technologies (ICT) has the
power to transform economies and societies.
A knowledge society generates, shares and makes available to all members of the society knowledge
for long term improvement. Much like the aspirations of Prestariang that aims to build betters
lives in a sustainable way through training and education.
In keeping with its business philosophy of "Transforming lives", Prestariang believes that a
valuable Corporate Social Responsibility effort would be to devote its time and resources to giving
back knowledge and empowerment.
CEO @ Faculty Programme, Universiti Sultan Zainal Abidin (UniSZA), Terengganu
CEO Faculty Programme ("CFP") is an initiative by the Ministry of Higher Education (MoHE). CFP
brings together top local and international CEOs and industry players into Malaysia's universities
to share their knowledge and experiences with students and the university community.
The CEOs, appointed as 'Adjunct Professors', have committed up to 30 hours a year of their time to
provide mentorship to university students and lecturers, and even guide universities on matters
such as curriculum development to ensure industry relevance. This CFP programme runs for two years
with Semester 1 Session 2015-2016 and Semester 2 Session 2016-2017.
Dr. Abu Hasan Bin Ismail session entitled "Developing Big Ideas and Entrepreneurship in ICT" has
received an overwhelming response and achieves the objectives of the programme.
Board of Governors of University Malaysia of Computer Science and Engineering (UNIMY) took time out to mingle
with UNIMY students and provide them with inspiration on how to make it in the digital economy. Dato' Ramli
Abbas, Dato' Maznah, Dr. Abu Hasan and Dato' Arif were among the board who spent an evening with close to 50
students in May 2017.
Photos credit by: Azrul Hazizan, Bachelor of Computer Science, Year 3 student,
This is such a refreshing perspective for students as the Board conveyed their knowledge a very relaxed
approach allowing more engagement and interactivity. Prestariang through UNIMY finds this approach impactful
and will continue to devote time and resources to giving back knowledge and empowerment.
Trailblazing Events – Powered by UNIMY Students.
"Trailblazing the World through Digital Economy" is a student of University Malaysia of Computer Science and
Engineering UNIMY) initiative and hosted by the UNIMY Student Representative Council.
Event which was held in May 2017 featured top executives such as Ramanathan Sathiamutty, Chief Transformation
Officer of Celcom Axiata, Adam Brimo, CEO of OpenLearning.com, Australia and Dr Abu Hasan Ismail, President/
Group Chief Executive Officer of Prestariang Berhad who shared their stories of highs and lows of their path in
the constantly evolving IT industry particularly in the fast changing industry which involves cyber security,
big data and coding.
Trailblazing the World through Digital Economy, Malaysian Global Innovative & Creative Centre (MaGIC),
The event was a success and it continued for another Trailblazing the World through Digital Economy 2.0:
Career4future Career Fair.
Art & Design CEO Talk Series - Universiti Teknologi MARA (UiTM)
On 20 July 2016, the Art & Design CEO Talk Series which is jointly organised by the National Design Centre,
CESTUR, UiTM Print and UiTM Photo Centre featured Dr. Abu Hasan as the event's first invited guest speaker.
The CEO was invited to share knowledge on Prestariang's strategic partnership with global IT players including
Microsoft, IBM, Oracle and Adobe as well as global education institutions such as the University of Melbourne
Australia-School of Engineering and the Imperial College of London.
His presentation entitled "Keeping Up with the Digital Natives, Educators must Act Now!" clearly showcased Dr.
Abu Hasan's pioneering work to bridge the gap between academia and industry.
Teach for Malaysia, SMK Bandar Seri Alam, Masai, Johor
Teach for Malaysia is an independent, not-for-profit organisation that enlists Malaysia's most
promising future leaders in its mission to end education inequality. As part of the program to work
with leaders in various fields in expanding the mindsets of children in Malaysia, Dr. Abu Hasan was
invited to co-teach a class of secondary school students in September 2016.
Dr Abu Hassan in action at SMK Bandar Seri Alam, Masai
On 14 April 2017, Dr Abu Hasan, President/ Group CEO of Prestariang Berhad was invited by Celcom Axiata Berhad
to share his knowledge and experience with its staff.
The Transformation Talk highlighted the transformation of the global internet platform that has reshaped the
industry and market. Dr Abu Hasan motivated the staff by sharing his experience, his journey in taking
Prestariang to where it is now.
Employees are the most valuable asset for the Company. Our success lies in every employee. As a
knowledge-based organisation, we continuously invest in people and ideas. Our people are equipped with various
qualifications and skills to ensure the smooth operations and continuous growth of Prestariang. We have a team
of professionals in the following areas of specialty.
Autodesk AutoCAD 2010 Associates and Professionals
Autodesk Revit Architecture 2010 Associates and Professionals
Certified Training Professionals (CTP)
MCAD, CISCO and CompTIA certified engineers and specialists
Microsoft Certified Professionals – Licensing Solutions
Microsoft Certified Technology Specialists
Project Management Professionals (PMP)
University Professors and Lecturers (PhD and Master's Degree holders)
Graphic, Web & Multimedia Designers
Professional Certified Accountants (MICPA, CA)
Our people drive the continuous growth of the Group through a culture of performance innovation from the roll
out of its various products, professional services to advocating responsible and sustainable workplace
We believe in an "Engaged" workforce to ensure that employees are committed to the organisation's goals and
values, motivated to contribute to organisational success, and are able at the same time to enhance their own
sense of well-being.
Fostering Inclusion and Cultivating a Fair Workplace Environment
Prestariang is committed to providing our employees with a stable and innovative work environment where there
is equal opportunity for learning and personal growth. In efforts to continuously strengthen and build our
business it is imperative that we maximise the value of human capital to align it with company initiatives,
values, strategies and the needs of all stakeholders via the following principles:
Properly balancing the needs of the employees and the needs of the company;
Ensuring a diverse workforce in a safe and discrimination/harassment free environment by: maintaining
compliance with employment laws and Government regulations, providing management and employee training,
and developing policies and procedures;
Committed to exceed the Minimum Wage Order 2016 regulations and the rate is applicable to the
Providing training and development in areas of: effective leadership and career development of
employees, technical and soft skills learning;
Hiring the most qualified employees; getting the right talents with the right job fit and skills;
Retaining our valued employees by: assuring effective leadership qualities in our managers; providing
competitive wages and benefits; furnishing technical, interpersonal and career development training and
coaching; conducting exit interviews and supplying relevant feedback to management; and enhancing
two-way communication between
employees and management;
Emphasise on leadership development programmes specifically for potential successors to ensure future
leaders are well equipped with the leadership management and are ready to take over the key positions
within the organisation;
Oblige to employ and develop local talent to support our business and have a track record of employing
and training local people; and
Comply with the Malaysian labour laws and standards. We are committed to maintain the highest ethical
standards for our customers, suppliers, and employees, shareholders and the communities, in accordance
with applicable laws and our Code of Conduct.
The Company has zero incident of labour standards non-compliance thus far.
As a Company that believes in learning and development as part of human capital development, we continuously
educate and upgrade our employees' knowledge so that we are able to:
Keep up with the latest technology and changes;
Maintain knowledge and skills;
Improve work; and
The Human Capital Development Department of Prestariang Berhad will act as a catalyst to enable all employees
to contribute at optimum levels toward the success of the business and leading by example.
Embracing Diversity, Promoting Equality and Encourage Integration.
We recognise that welcoming people with diverse backgrounds, religions, race, gender and age
promotes creativity, innovation, thrive for a broader perspective and helps to attract and retain
the best talent.
We believe in equality of race and gender diversity in the organisation. The Company is committed
to foster gender diversity across the workplace and in the Boardroom.
Equal opportunity employment opportunities are also offered to underprivileged individuals from
deprived backgrounds. In 2016, we subscribe to employing skilled disabled people. As at current,
Prestariang has two disabled employees in its employment and will continue to support qualified
In terms of gender diversity our workforce ratio to gender diversity of male to female is 49:51.
Prestariang also encourages racial integration. We do not interfere with our employees' rights to
perform their religious activities. This has improved workforce diversity and equal opportunities
while eliminating religious, age, disability and gender discrimination. We organise staff
activities in terms of recreational, sports and welfare related initiatives with the involvement of
At the moment, all employees are Malaysians.
Bowling Tournament 2016, ARL Power Bowl Alamanda Putrajaya
Employee Training & Development
Through the years, Prestariang's emphasis on developing its human capital through identified training programs
have positively impacted the business performance as seen in its bottom line and increased employee morale.
For 2016, we focused on upgrading our human capital technical skills to meet the Company's
operations and business requirements. An estimated 60% of the training allocation was spent on
technical training to enhance and upgrade employees' skills as well as increasing their knowledge
to face new challenges in their areas of work. Another 40% was spent on leadership, systems and
Soft Skills Training to ensure our human capital are equipped with the right behavioural skills and
perform ethically at all times.
The total cost spent on training for the whole group in 2016 was RM224,000.00 with an average of 8
man days training per year. It is pertinent to note that while the average man days training
increased for the year in review as opposed to the corresponding year, the overall training cost
was reduced. The savings of over RM30,000.00 was attributed to conducting more in-house trainings
and discounted rates offered by the respective training companies for early registrations and
increased number of participants.
The following are the major key trainings/courses summary for the Company:
The Company contributes 1% of total salary into the Human Resource Development Fund (HRDF) for claimable
training and also allocates between RM2,000.00 and RM3,000.00 per employee for external learning and
In 2016, our employees recorded an average of 8 man days for in-house training programs, a 33% increase from 6
days in 2015.
Prestariang offers industrial training for undergraduates which ranges from a period of three to six months.
Although priority is given to students with ICT background, final year students of any discipline who apply are
assessed and streamed into the respective departments within the Group based on their education and
Equal opportunity employment opportunities are also offered to underprivileged individuals from deprived
backgrounds while placement programs are also offered to unemployed youths as stated in our Internship Policy.
Prestariang Skim Latihan 1Malaysia (SL1M)
Our Prestariang Skim Latihan 1Malaysia (SL1M) was recently established in August 2017. This programme is in
support of the Malaysian Government's effort to raise the standard of employability amongst graduate. The
objective is to develop and train Malaysian graduates to acquire both soft skills and on-the-job skills for
employment readiness in the ICT industry.
Prestariang is provides necessary health benefits wellness initiative so that employees have a balanced work
life, healthy and focused in order to perform the necessary duties during their tenure.
We discourage excessive work hours. Any employee that works above four (4) hours from the normal working hours
will be given half day replacement leave; and if above six (6) hours will be given a full day leave.
Replacement leave is encouraged to be utilised within a 3-months period. This allows employee who does put the
extra effort gets extra down time to recuperate its mind as well as body. This is policy in made available in
Employee Handbook in is uploaded and periodically reviewed on the internal employee portal and is accessible by
In addition to this, Prestariang's latest initiative was to engage employees with weekly exercise workout
sessions with professionally trained fitness instructor. This activity was introduced in 2015 and continue
To spice things up, Prestariang added a competition called Prestariang Biggest Loser Challenge where we are
encouraging employees to keep fit lose weight and feel great. The reward is cash prize for groups and
individual as well as a year's membership at Fitness First. This competition started on 27 April 2017 – 24 Aug
In addition to this, Prestariang commitment to safety at the workplace environment is shared across all
business units and all sites. Provide suitable, comfortable and safe workplace and environment to ensure the
staff has the right tools, equipment and facilities to perform their work. Flexible working time are allowed to
accommodate staff needs and requirement within a specific guidelines. At the same time, we comply with the
Malaysian labour laws with regards to working hours and public holidays. This policy addresses the elimination
of excessive working hours/overtime.
The Company has zero accidents with regards to safety thus far.