MSM Malaysia Holdings Bhd 2020 Annual Report with Sustainability Disclosures
Company: MSM Malaysia Holdings Bhd
Sector: Manufacturing
Country: Malaysia
Year: 2020
Type: Annual Report with Sustainability Disclosures
Pages: 122
The report describes MSM's 2020 revenue increase to RM2.18 billion, supported by export growth and the consolidation of refining operations from MSM Perlis into MSM Johor and MSM Prai. It highlights sustainability leadership by the Audit, Governance & Risk Committee, alongside reductions in air-travel emissions and purchased electricity. The report also details the Group's employee, community and environmental initiatives. Workplace safety remained a major issue after one fatality at MSM Prai, prompting additional procedures and preventive actions.
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