Perak Corp Bhd 2020 AR2
The report outlines Perak Corporation Berhad's financial and operational performance for the fiscal year 2020, highlighting the severe impact of the COVID-19 pandemic on its hospitality and property development segments. Despite these challenges, the company's ports and logistics segment, managed through Lumut Maritime Terminal, remained stable and served as the primary revenue driver. The report details the company's classification as a PN17 issuer and its ongoing debt restructuring efforts, including a Proposed New Scheme of Arrangement approved by creditors. Additionally, the sustainability statement highlights the company's commitment to economic, environmental, and social responsibility, including resource conservation and community support initiatives.
Company: Perak Corp Bhd
Sector: Transport & logistics
Country: Malaysia
Year: 2020
Type: AR2
Pages: 208
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Perak Corp Bhd
Annual Report
The report outlines Perak Corporation Berhad's financial and operational performance for the fiscal year 2020, highlighting the severe impact of the COVID-19 pandemic on its hospitality and property development segments. Despite these challenges, the company's ports and logistics segment, managed through Lumut Maritime Terminal, remained stable and served as the primary revenue driver. The report details the company's classification as a PN17 issuer and its ongoing debt restructuring efforts, including a Proposed New Scheme of Arrangement approved by creditors. Additionally, the sustainability statement highlights the company's commitment to economic, environmental, and social responsibility, including resource conservation and community support initiatives.
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Document Details
Report Year
2020
Reporting Period
Jan 1, 2020 - Dec 31, 2020
Fiscal Year
2020
Published
May 31, 2021
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
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