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Malaysian National News Agency

Project With Honeywell To Be Completed In Two Years -- MAHB
Business
October 10, 2017 18:33 PM
KUALA LUMPUR, Oct 10 (Bernama) -- Malaysia Airport Holdings Bhd's (MAHB) multi-million dollar airfield ground lighting control and monitoring system project with US-based software solutions provider, Honeywell, will be done in phases within two years.

MAHB Managing Director,Datuk Baldisham Ghazali, said obviously, there would be more to do in safety, capacity and efficiency of Kuala Lumpur International Airport's (KLIA) airside operations.

"As for now, we have done a few. We started with critical ones and willcontinue throughout one-and-a-half years," told reporters after the Malaysian Investor Relations Association Annual Awards 2017 heretoday.

Also present wereBursa Malaysia Bhd Chief Executive Officer (CEO)Datuk Seri Tajuddin Atan and Securities Commission Malaysia (SC) Deputy Chief Executive,Datuk Ahmad Fairuz Zainol Abidin.

Baldisham won the award for 'Malaysian Investor Relations Awards'Best CEO for themid-capitalisation category.

On MAHB'sbudget wishlist, he said, the government shouldlook into theinfrastructure upgrading of airports.

"We need to upgrade our airports as the international passenger traffic volume ison the riseyear-on-year.

"We also hopethat the government could providemore incentive for the tourism industry to attract even more tourists to visitMalaysia," he said.

Meanwhile, at the MIRAIR Awards 2017, HSS Engineers Bhd bagged four awards-Best Company for Investor Relations, Best CEO for Investor Relations; Best Investor Relations Professional(micro-capitalisation category); and, a Quality of One-on-One Meetings.

Ahmad Fairuz saidall listed companies, whether small-cap or big-cap firms, should consider the latest technologies in rolling out its investor relations efforts toestablish presenceand cultivate relations with investors.

"Hence it is imperative that good governance and the development of good relations with investors are undertaken by companies at all levels and sizes, to ensure there is mutual understanding of expectations and objectives," he said.

He said theSC would continueto look at MIRA to further strengthen the relationship between companies and its shareholders, ensuring there was a strong and meaningful relationship between the two.

MIRAChairman, Steven Tan, said there were136 certified practitioners registered as MIRA members with over 100 active corporate members within the community.

"We are continuing to roll out initiatives for professional development and IR adoption by private limited companies to expand the active membership network and promote industry best practices," he said.

-- BERNAMA

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