Cabnet Holdings Bhd 2020 Annual Report with Sustainability Disclosures
Company: Cabnet Holdings Bhd
Sector: Construction
Country: Malaysia
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 126
The report describes a difficult FY2020, with Group revenue falling to RM42.17 million, down 38.78% from the prior year. Its sustainability statement says formal sustainability governance had not yet been formalised and that the Board relied on informal assessment and risk-management processes. Environmental activity included participation in Malaysia's NEM 2.0 programme and installation of solar panels at the Johor Bahru office. Social and governance highlights included strengthened anti-bribery measures, local hiring, employee safety initiatives and charitable donations, including ICT equipment for children.
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