corporate profile corporate credit rating

 

 
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.



 
   
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