QL Resources Berhad (428915-X)
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Chairman’s Statement
(Cont’d.)
To this end, the venture into the opening of the first FamilyMart convenience-chain store by the end of 2016
supports QL’s downstream expansion plan and provides a natural progression into another revenue stream.
QL’s long term aspiration is to multiply the revenue streams to sustain the momentum of growth.
As QL continues to build the business, appreciation of loyal shareholders is a practice we have upheld since
our listing in the year 2000. We have rewarded our shareholders in the past through dividends, bonus issues
and share price appreciation. For FY2016, the board recommends a single tier final dividend of 4.25 sen
per ordinary share. This represents a pay-out ratio of 27.6%, similar to the 27.7% pay-out ratio last year.
During the financial year, our market capitalisation rose from RM4.9 billion to RM5.4 billion as at 31 March
2016. On 15 January 2016, QL was ranked No. 48 with a market capitalisation of RM5.74 billion, just inside
the Top 50 companies on Bursa Malaysia, and this represented a milestone for QL.
Recognitions
Five months after winning the Malaysian leg, QL emerged ASEAN Winner under the category of Priority
Integration Sector – Fisheries Award at the 6th ASEAN Business Awards. The award was particularly
meaningful as the selection process was rigorous and involved judges from each Southeast Asian nation.
QL received the award from the Honourable Prime Minister of Malaysia, Dato’ Sri Najib Tun Abdul Razak
at the ASEAN Business and Investment Summit in Kuala Lumpur, Malaysia in November 2015.
In terms of performance in the capital markets, QL was noted for giving the highest return to shareholders
over three years and was awarded the Best Performing Stock under Consumer Products Sector for this,
in The Edge Billion Ringgit Club 2015 corporate awards.
