The
Malaysian Rating Corporation Berhad ( MARC )
has accorded DIALOG with Corporate Credit Rating of
AA- for seven consecutive years from 1999 to 2005. The AA- rating
is a reflection of the Group's resilient financial position,
sound business fundamentals and overall low risk profile.
Currently, DIALOG did not continue with the Corporate Credit
Rating exercise given the improvement in its financial standing as reflected in the
increase of shareholders' funds of RM313.6 million in FY2006 to RM379.3 million in FY2008.
This rating exercise, which was conducted without
reference to any specific bonds or debt issue, is being
undertaken with the primary objective of having an annual
independent assessment of the Group’s management strategies
and policies by an external agency. The independent assessment
covers not only quantitative factors, but also qualitative
areas such as the operating environment, competitive position,
management capabilities, and corporate business strategies.
The management has a proactive policy of continuously improving
corporate governance and greater transparency in all of
its activities. The Corporate Credit Rating exercise is
geared towards this objective, which will enhance accountability
to shareholders and investors’ confidence in the management’s
stewardship of DIALOG.