HL 2019

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Basel II Pillar 3 Disclosures
for the financial year ended 30 June 2019

4. RISK MANAGEMENT (CONTINUED)
(A) Credit risk (continued)
Counterparty credit risk (continued)
The Off-Balance Sheet exposures and their related counterparty credit risk of the Group and the Bank are as follows:

The Group Principal Positive Fair Credit Risk
Amount Value of Equivalent Weighted
RM’000
Derivative Amount* Assets*
Contracts RM’000 RM’000

RM’000

30 June 2019 117,740 - 117,740 115,490
Commitments and Contingent Liabilities
Direct credit substitutes

Transaction related contingent items 1,446,851 - 723,426 686,367

Short term self liquidating trade related contingencies 674,511 - 134,902 131,497

Irrevocable commitments to extend credit: 17,720,606 - 8,859,844 7,295,087
- More than one year 19,020,280 - 3,804,056 3,404,420
- Less than one year

Unutilised credit card lines 7,276,500 - 1,455,300 1,092,801
46,256,488 - 15,095,268 12,725,662

Derivative Financial Contracts 34,829,534 148,044 1,243,412 555,009
Foreign exchange related contracts: 3,995,994 112,655 41,933 41,934
- Less than one year 301,327 - -
- One year to less than five years 27,399
- Five years and above

Interest/profit rate related contracts: 38,511,811 61,304 3,132 1,523
- Less than one year 34,300,635 130,863 72,580 45,231
- One year to less than five years 111,546 80,636
- Five years and above 3,170,389 39,171

Equity related contracts: 591,385 4,760 36,988 19,304
- Less than one year 127,853 3,052 13,280 6,232
- One year to less than five years

Credit related contracts: 82,753 1,008 5,146 1,029
- Five years and above 115,911,681 528,256 1,528,017 750,898
162,168,169 528,256 16,623,285 13,476,560

* The credit equivalent amount and risk-weighted assets are arrived at using the credit conversion factors and risk-weights
as defined in BNM's revised RWCAF and CAFIB.

Annual Report 2019 399

Basel II Pillar 3 Disclosures

for the financial year ended 30 June 2019

4. RISK MANAGEMENT (CONTINUED)

(A) Credit risk (continued)

Counterparty credit risk (continued)

The Off-Balance Sheet exposures and their related counterparty credit risk of the Group and the Bank are as follows:
(continued)

The Group Principal Positive Fair Credit Risk
Amount Value of Equivalent Weighted
RM’000
Derivative Amount* Assets*
Contracts RM’000 RM’000

RM’000

30 June 2018 108,341 - 108,341 104,003
Commitments and Contingent Liabilities
Direct credit substitutes

Transaction related contingent items 1,286,782 - 643,391 604,849

Short term self liquidating trade related contingencies 831,871 - 166,374 160,228

Irrevocable commitments to extend credit: 14,301,856 - 7,150,928 5,882,218
- More than one year 16,074,688 - 3,214,938 2,844,103
- Less than one year

Unutilised credit card lines 6,908,565 - 1,381,713 1,037,327
39,512,103 - 12,665,685 10,632,728

Derivative Financial Contracts 42,895,473 563,643 1,018,772 408,992
Foreign exchange related contracts: 2,640,932 77,030 306,028 161,771
- Less than one year 517,408 50,202 108,954
- One year to less than five years 58,566
- Five years and above

Interest/profit rate related contracts: 28,281,796 7,697 32,770 13,873
- Less than one year 46,342,804 133,243 1,115,508 481,148
- One year to less than five years 291,074
- Five years and above 6,839,805 72,375 659,600

Equity related contracts: 306,258 3,928 23,383 12,470
- Less than one year 503,502 9,949 49,495 24,748
- One year to less than five years 128,327,978 918,067 3,314,510 1,452,642
167,840,081 918,067 15,980,195 12,085,370

* The credit equivalent amount and risk-weighted assets are arrived at using the credit conversion factors and risk-weights
as defined in BNM's revised RWCAF and CAFIB.

400 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Basel II Pillar 3 Disclosures
for the financial year ended 30 June 2019

4. RISK MANAGEMENT (CONTINUED)

(A) Credit risk (continued)

Counterparty credit risk (continued)

The Off-Balance Sheet exposures and their related counterparty credit risk of the Group and the Bank are as follows: (continued)

The Bank Principal Positive Fair Credit Risk
Amount Value of Equivalent Weighted
RM’000
Derivative Amount* Assets*
Contracts RM’000 RM’000

RM’000

30 June 2019 64,395 - 64,395 62,145
Commitments and Contingent Liabilities
Direct credit substitutes

Transaction related contingent items 1,261,524 - 630,762 593,703

Short term self liquidating trade related contingencies 638,625 - 127,725 124,319

Irrevocable commitments to extend credit: 12,749,585 - 6,374,359 5,211,412
- More than one year 15,541,640 - 3,108,328 2,774,792
- Less than one year

Unutilised credit card lines 7,276,500 - 1,455,300 1,092,801
37,532,269 - 11,760,869 9,859,172

Derivative Financial Contracts 33,337,605 142,860 1,214,682 540,592
Foreign exchange related contracts: 3,995,994 112,656 41,933 41,934
- Less than one year 301,327 - -
- One year to less than five years 27,399
- Five years and above

Interest/profit rate related contracts: 38,511,811 61,291 1,436 676
- Less than one year 35,195,635 115,924 40,398 28,262
- One year to less than five years 48,340 45,779
- Five years and above 3,320,389 54,045

Equity related contracts: 591,386 4,760 36,988 19,304
- Less than one year 127,852 3,052 13,280 6,232
- One year to less than five years

Credit related contracts: 82,753 1,008 5,146 1,029
- Five years and above 115,464,752 522,995 1,402,203 683,808
152,997,021 522,995 13,163,072 10,542,980

* The credit equivalent amount and risk-weighted assets are arrived at using the credit conversion factors and risk-weights
as defined in BNM's revised RWCAF and CAFIB.

Annual Report 2019 401

Basel II Pillar 3 Disclosures

for the financial year ended 30 June 2019

4. RISK MANAGEMENT (CONTINUED)
(A) Credit risk (continued)
Counterparty credit risk (continued)
The Off-Balance Sheet exposures and their related counterparty credit risk of the Group and the Bank are as follows: (continued)

The Bank Principal Positive Fair Credit Risk
Amount Value of Equivalent Weighted
RM’000
Derivative Amount* Assets*
Contracts RM’000 RM’000

RM’000

30 June 2018 50,361 - 50,361 46,023
Commitments and Contingent Liabilities
Direct credit substitutes

Transaction related contingent items 1,165,364 - 582,682 544,141

Short term self liquidating trade related contingencies 800,721 - 160,144 153,998

Irrevocable commitments to extend credit: 10,410,497 - 5,205,249 4,219,031
- More than one year 14,108,380 - 2,821,676 2,483,070
- Less than one year

Unutilised credit card lines 6,908,565 - 1,381,712 1,037,327
33,443,888 - 10,201,824 8,483,590

Derivative Financial Contracts 41,893,038 558,071 999,857 395,399
Foreign exchange related contracts: 2,640,932 77,027 306,028 161,771
- Less than one year 517,408 50,202 108,954
- One year to less than five years 58,566
- Five years and above

Interest/profit rate related contracts: 28,281,796 7,669 31,060 13,531
- Less than one year 48,687,804 147,895 1,059,632 452,906
- One year to less than five years 221,197
- Five years and above 6,389,805 78,185 533,384

Equity related contracts: 306,258 3,928 23,383 12,470
- Less than one year 503,502 9,949 49,495 24,748
- One year to less than five years 129,220,543 932,926 3,111,793 1,340,588
162,664,431 932,926 13,313,617 9,824,178

* The credit equivalent amount and risk-weighted assets are arrived at using the credit conversion factors and risk-weights
as defined in BNM's revised RWCAF and CAFIB.

402 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Basel II Pillar 3 Disclosures
for the financial year ended 30 June 2019

4. RISK MANAGEMENT (CONTINUED)

(B) Market risk

Market risk is the risk of loss in financial instruments or the balance sheet due to adverse movements in market factors
such as interest rates, foreign exchange rates, equities, spreads, volatilities and/or correlations.

The Bank adopts a systematic approach in managing such risks by types of instruments and nature of exposure. Market
risk is primarily controlled via a series of cut-loss limits and potential loss limits, i.e. Value at Risk (“VaR”). The amount
of market risk that the Bank is prepared to take for each financial year is based on the budget, business direction, its
risk-taking strategies, the impact on earnings and capital utilisation. These factors are used as a basis for setting market
risk limits for the Group and the Bank.

Market risk limits, the monitoring and escalation processes, delegation of authority, model validation and valuation
methodologies are built into the Bank’s market risk policies, which are reviewed and concurred by the Group Asset and
Liability Management Committee (“Group ALCO”), endorsed by the BRMC and approved by the Board.

The main market risk limits are stop loss limits, VaR limits, counterparty limits, sensitivity limits, position/instrument limits
and holding period limits.

VaR is defined as the maximum loss at a specific confidence level over a specified period of time under normal market
conditions. The Bank computes the Historical Simulation VaR on a daily basis based on the recent 250-days of market
observations at a 99.0% confidence level.

Over the course of the financial year, the VaR of the banking groupʼs trading book ranged between RM5.2 million to RM12.6
million with an average of RM8.6 million.

The Bank performs backtesting on VaR on a hypothetical and actual basis and the results are tabled to the Group ALCO.

In addition, stress tests are conducted regularly on the trading book. In performing stress-testing, the Bank uses the
following:

(1) Scenario analysis, which is a combination of expected movements on risk factors.

(2) Historical crisis event, which is based on actual movements that occurred in the relevant risk factors. The main risk
factors that are stressed are the KL Financial Bursa Composite Index, interest rates movements (for MYR, USD and
other major currencies), ratings migration and Foreign Exchange spot and volatilities.

In managing interest rate risk in the banking book, the Group measures earnings at risk and economic value or capital at risk.

(C) Market Conduct Risk

Market Conduct risk is the risk that arise from either an individual or group of individual dealers of the Bank, who through
non-compliant behaviour and/or behaviour that lack integrity or honesty, subjects the Bank to adverse consequences in
terms of monetary losses, reputational damage and regulatory fines.

Independent market conduct risk monitoring and surveillance is carried out to detect attempts on market misconduct
by Global Markets. Management oversight on market conduct is effected through the Risk and Compliance Governance
Committee (“RCGC”). A robust and comprehensive market conduct surveillance policy has been established by the Bank to
ensure all activities in Global Markets are in conformity with market best practices and compliance requirements, which
is reviewed and concurred by the Group Assets and Liabilities Management Committee (“Group ALCO”), endorsed by the
BRMC and approved by the Board.

Annual Report 2019 403

Basel II Pillar 3 Disclosures

for the financial year ended 30 June 2019

4. RISK MANAGEMENT (CONTINUED)

(D) Liquidity risk

Liquidity risk is the risk of financial loss arising from the inability to fund increases in assets and/or meet financial obligations
as they fall due. Financial obligations arise from withdrawal of deposits, funding of loans committed and repayment of
borrowed funds. It is the Bank’s policy to ensure there is adequate liquidity across all business units to sustain ongoing
operations, as well as sufficient liquidity to fund asset growth and strategic opportunities.

Besides adhering to the Regulatory Liquidity Requirement, the Bank has put in place a robust and comprehensive liquidity
risk management framework consisting of risk appetite, policies, triggers and controls which are reviewed and concurred
by the Group ALCO, endorsed by the BRMC and approved by the Board. The key elements of the framework cover proactive
monitoring and management of cashflow, maintenance of high quality liquid assets, diversification of funding sources and
maintaining a liquidity compliance buffer to meet any unexpected cash outflow.

The Bank has in place liquidity contingency funding plan and stress test programs to minimise the liquidity risk that may
arise due to unforeseen adverse changes in the marketplace. Contingency funding plan sets out the crisis escalation
process and the various strategies to be employed to preserve liquidity including an orderly communication channel during
liquidity crisis scenarios. Liquidity stress tests are conducted regularly to ensure there is adequate liquidity contingency fund
to meet any shortfalls during liquidity crisis scenarios.

(E) Operational risk

Operational Risk is the risk of loss resulting from inadequate or failed internal processes, people and systems or from
external events which also include outsourcing and business continuity risks.

Management oversight on Operational Risk Management (“ORM”) matters are effected through the RCGC whilst Board
oversight is effected through the BRMC.

The Group’s ORM strategy is based on a framework of continuous improvements, good governance structure, policies and
procedures as well as the employment of risk mitigation strategies. The objective is to create a strong risk and internal
control culture by ensuring awareness of the significance of operational risk, its methodology of identification, analysis,
assessment, control and monitoring.

The Group adopts ORM tools such as loss event reporting, risk and control self assessment and key risk indicators to manage
operational risks and are used to assess risk by taking into consideration key business conditions, strategies and internal
controls. The ultimate aim is to enhance economic performance, achievement of corporate goals and the aspirations of
stakeholders.

These tools are based on international best practices for the management of operational risks and are explained in more
detail below:

(i) Risk and Control Self Assessment (“RCSA”) is an assessment process on severity of potential risk and control
effectiveness.

(ii) Key Risk Indicators (“KRI”) is a set of measures to allow the Group to monitor and facilitate early detection of
operational risks.

(iii) Loss Event Reporting (“LER”) is a process for collecting and reporting operational risk events. These are further used
for analysis of operational risks for the purpose of developing mitigating controls.

404 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Basel II Pillar 3 Disclosures
for the financial year ended 30 June 2019

4. RISK MANAGEMENT (CONTINUED)

(E) Operational risk (continued)

The operational risk mitigation strategies that are implemented include:

(i) Policies and Standard Operating Procedures that define the roles and responsibilities of personnel and their respective
operating limits.

(ii) Insurance against operational losses as a form of risk mitigation especially for risks which are deemed as high
severity.

(iii) System of controls, established to provide reasonable assurance of effective and efficient operation.

(iv) Business Continuity Management to facilitate the continuance of business activities in the event of disaster or crisis
situations by means of ensuring appropriate redundancy of systems are available.

(v) Outsourcing Management to ensure proper due diligence review is performed prior to engaging outsource service
providers and continuous tracking of existing outsource service providers' performance, code of conduct, compliance,
and business viability.

(F) Financial hedges to mitigate interest rate risks

The following actions describe the accounting treatment for financial hedges that may be entered into to mitigate the
interest rate risk exposures of the Bank.

(i) Financial instruments designated as fair value through profit and loss

The Group and the Bank use derivative hedge instruments, such as interest rate swaps to undertake economic
hedges on part of their existing fixed rate loans to reduce the exposure on interest rate risk as part of its risk
management strategy.

(ii) Fair value hedges

The Group and the Bank use interest rate swap as the hedge instruments to hedge the interest rate risk of fixed rate
loans exposure. The interest rate swap contracts used for the hedging are contracted with other financial institutions.

(iii) Cash flow hedges

The Group and the Bank use interest rate swaps as hedge instruments to hedge the variability of future cash flows
on fixed deposits.

Further information relating to the cash flow hedges are disclosed in Note 13(a) to the financial statements.

(iv) The accounting policies on derivative financial instruments and hedge accounting are disclosed in Note 2K to the
financial statements.

Annual Report 2019 405

Basel II Pillar 3 Disclosures

for the financial year ended 30 June 2019

5. EQUITY EXPOSURES IN BANKING BOOK

The Groupʼs and the Bankʼs banking book's equity investments consist of equity holdings in organisations which are set up for
specific socio-economic reasons and equity holdings and equity instruments received as a result of loan/financing restructuring
or loan/financing conversion.

The Groupʼs and the Bank's banking bookʼs equity investments are classified and measured in accordance with MFRS 9 and
are categorised as financial investments at fair value through other comprehensive income. Refer to Note 2D to the financial
statements for the accounting policies of the Group and the Bank.

Details of the Group and Bankʼs financial investments at fair value through other comprehensive income are set out in Note 7 to
the financial statements.

The following table summarises the Groupʼs and the Bankʼs equity exposures in the banking book:

The Group The Bank

Exposures Risk Exposures Risk
subject to weights subject to weights

risk- % risk- %
weighting weighting

RM’000 RM’000

30 June 2019 44,331 150% 44,331 150%
Financial investments at fair value through other
467,512 150% 467,512 150%
comprehensive income
Unquoted equity securities

30 June 2018
Financial investments available-for-sale
Unquoted equity securities

Realised gains arising from sales and liquidations of equity exposures are as follows: The Group and the Bank

30 June 2019 30 June 2018
Net gains arising from sales of equity securities
RM’000 RM’000

25,042 194,543

There are no unrealised gains/(losses) for equity securities that have not been reflected in the statements of income of the Group
and the Bank but have been recognised under other comprehensive income of the Group and the Bank for the financial year
ended 30 June 2019.

406 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Basel II Pillar 3 Disclosures
for the financial year ended 30 June 2019

6. INTEREST RATE RISK/RATE OF RETURN RISK IN THE BANKING BOOK (“IRRBB”/“RORRBB”)

The Group evaluates the impact of IRRBB/RORRBB via the earnings and the underlying economic value perspective.

The earnings perspective provides the impact via the reduction in earning arising from the changes in interest rate/rate of returns.
Earnings perspective focuses on the short-term effect of IRRBB/RORRBB. The components affecting the earnings perspective
include the timing of the repricing basis, yield curve risk and option positions.

The economic value perspective provides a long-term perspective for the impact of IRRBB/RORRBB. This perspective evaluates
the changes in the Group’s economic value via the present value of the Group’s future cash flow. The future cash flow projections
used to estimate the economic exposure provides a pro forma estimate of the future income generated by its current position.
In general, the measurement of present value of instruments will be able to give an overview of the Group’s economic value of
equity (“EVE”) over a longer time period.

The increase of decline in earning and economic value for upward and downward rate shocks are consistent with the rate shocks
applied in the Group’s stress test for IRRBB/RORRBB (which are as follows):

Impact on positions 100 basis points parallel shift

The Group Increase/(Decline) Increase/(Decline)
in Earnings in Economic Value
30 June 2019 RM’000
100 bps upward RM’000
Ringgit Malaysia
45,291 (1,097,724)
100 bps downward (117,315) 1,149,673
Ringgit Malaysia
36,874 (929,003)
30 June 2018 (93,913) 979,646
100 bps upward
Ringgit Malaysia

100 bps downward
Ringgit Malaysia

Annual Report 2019 407

Basel II Pillar 3 Disclosures

for the financial year ended 30 June 2019

6. INTEREST RATE RISK/RATE OF RETURN RISK IN THE BANKING BOOK (“IRRBB”/“RORRBB”) (CONTINUED)

The increase of decline in earning and economic value for upward and downward rate shocks are consistent with the rate shocks
applied in the Group’s stress test for IRRBB/RORRBB (which are as follows): (continued)

Impact on positions 100 basis points parallel shift

The Bank Increase/(Decline) in Increase/(Decline) in
Earnings Economic Value
30 June 2019 RM’000 RM’000
100 bps upward
Ringgit Malaysia 83,294 (760,816)
(134,311) 795,071
100 bps downward
Ringgit Malaysia 62,067 (629,672)
(97,059) 658,883
30 June 2018
100 bps upward
Ringgit Malaysia

100 bps downward
Ringgit Malaysia

7. SHARIAH GOVERNANCE DISCLOSURE

In October 2010, BNM has issued Shariah Governance Framework (“SGF”) to guide Islamic financial institutions to establish a
comprehensive governance policy framework which sets out the strategic roles and functions of each organ of governance and
mechanism in ensuring that the overall Islamic financial system operates in accordance with Shariah principles. The new Islamic
Financial Services Act (“IFSA”) 2013, which came into force on 30 June 2013, statutorily enforce the management of Shariah
non-compliance risk and require Islamic financial institutions to ensure that their aim, operation, business, affairs and activities
are Shariah-compliant at all time.

HLISB has developed its own Shariah Governance Board Policy to ensure the management of Shariah matters in the Bank is of
the highest standard in line with SGF and IFSA.

The Bankʼs Shariah Governance Board Policy governs and guides HLISB on the on-going development and enhancement of its
Shariah governance infrastructure. It forms the basic foundation upon which Shariah governance policies are to be developed,
Shariah governance structure is to be operated in, and Shariah governance initiatives are to be carried out.

408 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Other
Information

1. MATERIAL CONTRACTS

There are no material contracts (not being contracts entered into in the ordinary course of business) which had been entered
into by the Bank and its subsidiaries involving the interest of Directors, chief executives and major shareholders, either still
subsisting at the end of the financial year or entered into since the end of the previous financial year pursuant to Item 21,
Part A, Appendix 9C of the Main Market Listing Requirements of the Bursa Malaysia Securities Berhad.

2. ANALYSIS OF SHAREHOLDINGS AS AT 30 AUGUST 2019

Total number of issued shares : 2,167,718,284
Adjusted total number of issued shares : 2,086,616,584
(after deducting treasury shares pursuant to : Ordinary shares
Section 127 of the Companies Act 2016) : 1 vote for each share held
Class of shares
Voting rights

DISTRIBUTION SCHEDULE OF SHAREHOLDERS AS AT 30 AUGUST 2019

Size of Holdings No. of Shareholders % No. of Shares* %

Less than 100 360 3.46 7,502 0.00
100 – 1,000 2,288 21.98 1,367,748 0.07
1,001 – 10,000 6,086 58.48 20,532,145 0.98
10,001 – 100,000 1,282 12.32 40,055,274 1.92
100,001 – less than 5% of issued shares 429,101,913 20.56
5% and above of issued shares 389 3.74 1,595,552,002 76.47
2 0.02 2,086,616,584 100.00
100.00
10,407

* Excluding 81,101,700 shares bought back and retained by the Bank as treasury shares No. of Shares %
1,340,137,681 64.23
LIST OF THIRTY LARGEST SHAREHOLDERS AS AT 30 AUGUST 2019 12.24
255,414,321
Name of Shareholders 1.92
40,109,054
1. Hong Leong Financial Group Berhad 1.22
2. Citigroup Nominees (Tempatan) Sdn Bhd 25,390,900 1.14
23,858,680
- Employees Provident Fund Board 0.80
3. MTrustee Berhad 16,644,600
0.68
- Exempt AN for Hong Leong Bank Berhad (ESOS) 14,294,300
4. Kumpulan Wang Persaraan (Diperbadankan) 0.62
5. Cartaban Nominees (Asing) Sdn Bhd 12,911,500
0.50
- Exempt AN for State Street Bank & Trust Company (West Clt OD67) 10,474,475
6. Citigroup Nominees (Tempatan) Sdn Bhd 0.48
10,101,542
- Great Eastern Life Assurance (Malaysia) Berhad (Par 1)
7. CIMSEC Nominees (Tempatan) Sdn Bhd

- CIMB for Rakaman Anggun Sdn Bhd (PB)
8. AmanahRaya Trustees Berhad

- Amanah Saham Malaysia
9. HSBC Nominees (Asing) Sdn Bhd

- JPMCB NA for Vanguard Total International Stock Index Fund
10. HSBC Nominees (Asing) Sdn Bhd

- JPMCB NA for Vanguard Emerging Markets Stock Index Fund

Annual Report 2019 409

Other
Information

2. ANALYSIS OF SHAREHOLDINGS AS AT 30 AUGUST 2019 (CONTINUED) No. of Shares %
9,332,300 0.45
LIST OF THIRTY LARGEST SHAREHOLDERS AS AT 30 AUGUST 2019 (CONTINUED) 8,462,974 0.41
8,344,680 0.40
Name of Shareholders 7,549,400 0.36
7,124,700 0.34
11. AmanahRaya Trustees Berhad 6,581,908 0.32
- Amanah Saham Bumiputera 2 6,485,863 0.31
6,130,500 0.29
12. Cartaban Nominees (Asing) Sdn Bhd 6,000,000 0.29
- GIC Private Limited for Government Of Singapore (C) 5,532,600 0.26
5,510,000 0.26
13. Cartaban Nominees (Tempatan) Sdn Bhd 4,595,100 0.22
- PAMB for Prulink Equity Fund 4,172,396 0.20
4,084,000 0.20
14. Citigroup Nominees (Asing) Sdn Bhd
- Exempt AN for Citibank New York (Norges Bank 14) 3,897,670 0.19
3,716,140 0.18
15. HSBC Nominees (Asing) Sdn Bhd 3,507,680 0.17
- JPMBL SA for Robeco Capital Growth Funds 3,408,077 0.16

16. Cartaban Nominees (Asing) Sdn Bhd 3,000,000 0.14
- BBH And Co Boston for WGI Emerging Markets Smaller Companies Fund, LLC 2,895,200 0.14
1,859,668,241 89.12
17. HLIB Nominees (Tempatan) Sdn Bhd
- Chew Brothers Development Corporation Sdn Bhd

18. Citigroup Nominees (Asing) Sdn Bhd
- Exempt AN for Citibank New York (Norges Bank 1)

19. AmanahRaya Trustees Berhad
- Amanah Saham Malaysia 2 – Wawasan

20. Pertubuhan Keselamatan Sosial

21. HLB Nominees (Asing) Sdn Bhd
- Kwek Leng Hai (Custodian)

22. Citigroup Nominees (Tempatan) Sdn Bhd
- Exempt AN for AIA Bhd.

23. DB (Malaysia) Nominee (Asing) Sdn Bhd
- BNYM SA/NV for People’s Bank of China (SICL Asia EM)

24. DB (Malaysia) Nominee (Asing) Sdn Bhd
- State Street London Fund U8T8 for Pinebridge Asia Ex Japan Small Cap Equity Fund
(Pinebridge GL F)

25. Cartaban Nominees (Asing) Sdn Bhd
- SSBT Fund SWV4 for California Public Employees Retirement System

26. Citigroup Nominees (Tempatan) Sdn Bhd
- Great Eastern Life Assurance (Malaysia) Berhad (Par 3)

27. HSBC Nominees (Asing) Sdn Bhd
- JPMCB NA for MSCI Equity Index Fund B - Malaysia

28. HSBC Nominees (Asing) Sdn Bhd
- JPMCB NA for Blackrock Institutional Trust Company, N.A. Investment Funds for
Employee Benefit Trusts

29. AmanahRaya Trustees Berhad
- Amanah Saham Bumiputera

30. Citigroup Nominees (Tempatan) Sdn Bhd- Valuecap Sdn Bhd

410 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Other
Information

2. ANALYSIS OF SHAREHOLDINGS AS AT 30 AUGUST 2019 (CONTINUED)

SUBSTANTIAL SHAREHOLDERS
According to the Register of Substantial Shareholders, the substantial shareholders of the Bank as at 30 August 2019 are as

follows:

Name of Shareholders Direct Interest % Indirect Interest %
No. of Shares No. of Shares

Hong Leong Financial Group Berhad 1,340,137,681 64.23 3,057,504 0.15(a)
Hong Leong Company (Malaysia) Berhad – – 1,346,181,489 64.52(a)
HL Holdings Sdn Bhd – – 1,346,181,489 64.52(b)
Tan Sri Quek Leng Chan – – 1,346,237,169 64.52(c)
Hong Realty (Private) Limited – – 1,346,181,489 64.52(b)
Hong Leong Investment Holdings Pte Ltd – – 1,346,181,489 64.52(b)
Kwek Holdings Pte Ltd – – 1,346,181,489 64.52(b)
Kwek Leng Beng – – 1,346,181,489 64.52(b)
Davos Investment Holdings Private Limited – – 1,346,181,489 64.52(b)
Kwek Leng Kee 1,346,181,489 64.52(b)
GuoLine Overseas Limited 282,344 0.01 1,343,405,145 64.38(e)
Guoco Group Limited – – 1,343,405,145 64.38(e)
GuoLine Capital Assets Limited – – 1,346,181,489 64.52(e)
Employees Provident Fund Board - -
– -
259,903,121 12.46

Notes:
(a) Held through subsidiaries
(b) Held through Hong Leong Company (Malaysia) Berhad (“HLCM”)
(c) Held through HLCM and a company in which the substantial shareholder has interest
(d) Held through Hong Leong Financial Group Berhad (“HLFG”)
(e) Held through subsidiary(ies) and HLFG

3. DIRECTORS’ INTERESTS AS AT 30 AUGUST 2019

Subsequent to the financial year end, there is no change, as at 30 August 2019, to the Directors’ interests in the ordinary shares,
preference shares and/or options over ordinary shares of the Bank and/or its related corporations (other than wholly-owned
subsidiaries), appearing in the Directors’ Report on pages 144 to 146 as recorded in the Register of Directors’ Shareholdings kept
by the Bank under Section 59 of the Companies Act 2016 except for the change set out below:

Indirect Interest Number of Shares %
956,108,034 69.89
YBhg Tan Sri Quek Leng Chan in:
GL Limited

4. GROUP MANAGING DIRECTOR/CHIEF EXECUTIVE OFFICER’S INTEREST AS AT 30 AUGUST 2019

Direct Interest Number of ordinary shares/shares issued or to be issued %
or acquired arising from the exercise of options*

Mr Domenic Fuda 845 #
568,060**
8,000,000* N/A
N/A

# Negligible
** Free ordinary shares to be vested pursuant to the Executive Share Scheme of HLB

Annual Report 2019 411

Other
Information

HLBB LIST OF PROPERTIES HELD AS AT 30 JUNE 2019

Location Tenure Description Gross Area Approx. Net book Date of
Freehold of property (Sq-ft) Age value acquisition
1 No. 1, Light Street
Georgetown held 20,594 (Years) (RM’000) 30/12/1986
10200 Pulau Pinang 85
Branch 20 7,430
premises
37
2 No. 15-G-1, 15-1-1 & 15-2-1 Freehold Branch 9,968 27 2,049 26/06/1997
Medan Kampung Relau premises
Bayan Point n/a
11900 Pulau Pinang 28
Pre-war
3 No. 42, Jalan Pending Leasehold Branch 4,425 1,516 27/12/1983
93450 Kuching - 859 years premises 33
Sarawak (31/12/2779) 53
33
4 No. 133, 135 & 137 Freehold Branch 4,871 2,865 28/12/1992
Jalan Kampong Nyabor premises
96000 Sibu
Sarawak

5 Jungle land at Sungai Lisut Rejang Leasehold Jungle land 1,217,938 1 31/12/1938

Sarawak Occupation Ticket - 99 years

612 of 1931 (31/12/2026)

6 No. 25 & 27, Jalan Tun Ismail Freehold Branch 1,600 1,116 29/06/1996
25000 Kuantan premises
Pahang Darul Makmur

7 No. 69, 70 & 71, Freehold Branch 6,000 1,399 27/12/1994
Jalan Dato’ Bandar Tunggal premises
70000 Seremban
Negeri Sembilan Darul Khusus

8 No. 26, Lorong Rahim Kajai 14 Freehold Branch 3,750 493 30/12/1986
Taman Tun Dr Ismail premises
60000 Kuala Lumpur

9 No. 120-122, Jalan Mersing Leasehold Branch 3,355 468 31/05/1990
86000 Kluang - 99 years premises
Johor Darul Takzim (22/8/2063)

10 No. 100, Jalan Gurney Freehold Branch 5,107 2,051 25/06/1992
72100 Bahau premises
Negeri Sembilan Darul Khusus

412 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Other
Information

HLBB LIST OF PROPERTIES HELD AS AT 30 JUNE 2019 (CONTINUED)

Location Tenure Description Gross Area Approx. Net book Date of
Freehold of property (Sq-ft) Age value acquisition
11 No. 12, 14 & 16,
Jalan Wong Ah Fook held 4,174 (Years) (RM’000) 25/06/1992
80000 Johor Bahru 28
Johor Darul Takzim Branch 3,475
premises 24
12 No. 63 & 65, Jalan SS 23/15 23
47400 Petaling Jaya Freehold Vacant 4,760 3,146 28/04/1997
Selangor Darul Ehsan 32
Freehold Branch 3,037 959 28/04/1997
13 No. 24, Medan Taming 2 premises 25
Taman Taming Jaya
43300 Balakong Leasehold Branch 2,625 22 1,116 26/06/1997
Selangor Darul Ehsan - 99 years premises 23
(29/6/2086) 44
14 No. 1, Jalan Takal 15/21 26
Seksyen 15 Leasehold Branch 3,199 190 26/06/1997
40000 Shah Alam - 84 years premises 41
Selangor Darul Ehsan (2/2/2079)

15 Lots 3594 & 3595 Leasehold Branch 2,582 958 26/06/1997
Jalan Baru Pak Sabah - 60 years premises 96,219
23000 Dungun (12/2/2056) 2,588 26/01/1995
Terengganu Darul Iman Warehouse
Freehold
16 Lot 3073 & 3074,
Jalan Abang Galau, Leasehold Vacant 10,619 24 30/06/1977
97000 Bintulu, Sarawak - 60 years 9,320
(19/7/2030) Branch 751 01/01/1994
17 Lot 34, Putra Industrial Park premises
47000 Sungai Buloh Freehold
Selangor Darul Ehsan
Freehold Vacant 14,277 1,811 24/11/1978
18 No. 1540, Jalan Sultan Badlishah
05000 Alor Setar
Kedah Darul Aman

19 No. 9A & 9B,
Jalan Kampong Baru
08000 Sungai Petani
Kedah Darul Aman

20 No. 45, Jalan Burma
10500 Pulau Pinang

Annual Report 2019 413

Other
Information

HLBB LIST OF PROPERTIES HELD AS AT 30 JUNE 2019 (CONTINUED)

Location Tenure Description Gross Area Approx. Net book Date of
of property (Sq-ft) Age value acquisition
21 No. 33A-C, Lintang Angsana Leasehold
Bandar Baru Air Hitam - 83 years held 4,394 (Years) (RM’000) 26/12/1995
11500 Pulau Pinang (8/4/2082) 24
Vacant 342
22 No. 55-57, Jalan Yang Kalsom Freehold 40
30250 Ipoh Vacant 11,720 947 01/10/1984
Perak Darul Ridzuan 24
Leasehold Branch 4,694 239 24/11/1995
23 No. 27, Jalan Dewangsa - 79 years premises 1,900 22
31000 Batu Gajah (26/2/2078) 595 15/06/1998
Perak Darul Ridzuan Branch 29
Freehold premises
24 No. 75, Jalan Sultan Idris Shah 37
30000 Ipoh Leasehold Branch 9,062 846 01/06/1994
Perak Darul Ridzuan - 90 years premises 5,859 39
(15/6/2089) 4,313 39 316 29/11/1985
25 No. 80 & 82, Jalan Othman 1/14 Branch
46000 Petaling Jaya Leasehold premises 23 294 01/04/1980
Selangor Darul Ehsan - 99 years 26 394 31/07/1988
(8/3/2081) Vacant
26 No. 19, Jalan 54, Desa Jaya 31
52100 Kepong Freehold
Selangor Darul Ehsan
Leasehold Vacant 4,978
27 No. 55, Jalan Pasar - 99 years
55100 Kuala Lumpur (11/10/2076)

28 Lot 111, Jalan Mega Mendung Freehold Vacant 2,454 2,678 14/02/1996
Kompleks Bandar
Off Jalan Klang Lama Freehold Vacant 12,854 338 22/10/1977
58200 Kuala Lumpur
Freehold Branch 2,740 201 01/09/1988
29 No. 161, Jalan Imbi premises
55100 Kuala Lumpur

30 No. 8A-C, Jalan Station
80000 Johor Bahru
Johor Darul Takzim

31 No. 109, Main Road
83700 Yong Peng
Johor Darul Takzim

414 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Other
Information

HLBB LIST OF PROPERTIES HELD AS AT 30 JUNE 2019 (CONTINUED)

Location Tenure Description Gross Area Approx. Net book Date of
Freehold of property (Sq-ft) Age value acquisition
32 No. 1, Bentong Heights
28700 Bentong held 5,432 (Years) (RM’000) 30/06/1977
Pahang Darul Makmur 51
Branch 79 31
33 No. 36, Main Road Tanah Rata premises 20
39000 Cameron Highland
Pahang Darul Makmur Leasehold Branch 1,728 20 89 30/08/1982
- 99 years premises 4,545
34 W-1-0, W-2-0 & W-1-1 (24/11/2039) 20 1,160 18/12/1999
Subang Square Business Centre Branch 19
Jalan SS15/4G Freehold premises
47500 Subang Jaya 20
Selangor Darul Ehsan Freehold Vacant 12,173 18 2,207 18/12/1999
18
35 No. 2828-G-02 & 2828-1-02 Freehold Branch 3,243 23 454 23/11/1999
Jalan Bagan Luar premises 7,870
12000 Butterworth
Pulau Pinang Leasehold Branch 5,988 1,481 23/11/1999
- 99 years premises 5,840
36 Plot No. 20, Jalan Bidor Raya (21/11/2094) 4,700
35500 Bidor 2,223
Perak Darul Ridzuan Leasehold Branch 1,106 31/05/1991
- 99 years premises
37 No. 1, Persiaran Greentown 2 (24/2/2084) 348 20/09/2000
Greentown Business Centre Branch
30450 Ipoh Freehold premises
Perak Darul Ridzuan
Freehold Branch 322 13/12/2000
38 Lots 39 & 40 premises
Kompleks Munshi Abdullah
75100 Melaka Freehold Vacant 4,695 14/10/1996

39 No. 1 & 2 Jalan Raya,
09800 Serdang
Kedah Darul Aman

40 No. 133 & 135, Jalan Gopeng
31900 Kampar
Perak Darul Ridzuan

41 No. 65-67, Jalan Tun HS Lee
50000 Kuala Lumpur

Annual Report 2019 415

Other
Information

HLBB LIST OF PROPERTIES HELD AS AT 30 JUNE 2019 (CONTINUED)

Location Tenure Description Gross Area Approx. Net book Date of
of property (Sq-ft) Age value acquisition
42 No. 64, Jalan Tun Mustapha Leasehold
87007 Labuan - 999 years held 1,370 (Years) (RM’000) 30/05/1991
(28/12/2881) 28
43 No. 159, Jalan Imbi Branch 393
55100 Kuala Lumpur premises 14

44 No. 163, Jalan Imbi Freehold Vacant 1,688 2,539 25/11/2005
55100 Kuala Lumpur
Freehold Vacant 1,688 14 2,616 25/10/2005
45 No. 114 & 116, Jalan Cerdas
Taman Connaught Leasehold Branch 12,200 13 3,523 07/06/2006
56000 Kuala Lumpur - 99 years premises 9,800 13
(16/10/2078) 2,576 06/07/2006
46 Lot A08-A09 Branch
Jalan SS 6/5A Dataran Glomac Freehold premises
Pusat Bandar Kelana Jaya
47301 Petaling Jaya Freehold Branch 11,850 12 4,996 28/06/2007
premises
47 No. 2 Jalan Puteri 2/4
Bandar Puteri Leasehold Branch 194,489 11 72,676 21/07/2008
Puchong - 99 years premises
47100 Selangor Darul Ehsan (14/08/2094)

48 Tower A Leasehold Branch 17,300 9 4,760 01/04/2011
PJ City Development - 99 years premises 30,613 9
46100 Petaling Jaya (year 2088) 1,200 26
Selangor
Leasehold Branch 8,249 01/05/2011
49 OUG - 99 years premises
No. 2, Lorong 2/137C (7/01/2101) 186 30/04/1985
Off Jalan Kelang Lama Branch
58200 Kuala Lumpur Leasehold premises
- 60 years
50 KEP (29/4/2045)
Lot No. 77C & 77D
Lot No.58529 Jalan Kepong
52100 Kuala Lumpur

51 No. 122, Kapit By-Pass
96807 Kapit, Sarawak

416 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Other
Information

HLBB LIST OF PROPERTIES HELD AS AT 30 JUNE 2019 (CONTINUED)

Location Tenure Description Gross Area Approx. Net book Date of
of property (Sq-ft) Age value acquisition
52 No. 12A, Block B Leasehold
Level 2, Fraser’s Hill - 99 years held 1,792 (Years) (RM’000) 24/5/1983
Condominium (23/05/2082) 32
49000 Bukit Fraser’s 1 unit 108
Pahang Darul Makmur apartment 46
24
53 No. 9, Jalan Cheng Lock Freehold Vacant 2,199 270 18/9/1972
50000 Kuala Lumpur 56
Wilayah Persekutuan
36
54 No. 3, Jalan Bandar Satu Freehold Branch 4,687 23 1,723 03/04/1997
Pusat Bandar Puchong premises
47100 Puchong 15
Selangor Darul Ehsan
23
55 No. 32 & 34, Jalan 21/19 Freehold Vacant 3,080 2,112 19/8/1997
Sea Park
46300 Petaling Jaya
Selangor Darul Ehsan

56 No. 1, Jalan Goh Hock Huat Freehold Vacant 2,776 1,448 09/07/1998
41400 Klang
Selangor Darul Ehsan

57 No. 26 & 27, Jalan Kenari 1 Freehold Branch 3,600 1,369 22/1/1999
Bandar Puchong Jaya premises
47100 Puchong
Selangor Darul Ehsan

58 No. 2, Jalan PJU 5/8 Leasehold Branch 12,892 3,313 12/02/2005
Dataran Sunway, Kota Damansara - 99 years premises
47810 Petaling Jaya (23/11/2100)
Selangor Darul Ehsan

59 No. J09-6 and J02-06 Leasehold 2 units 2,088 182 21/4/1994
apartment
Paradise Lagoon Holiday - 99 years

Apartment, Batu 3 1/2 Jalan Pantai (07/06/2087)

70100 Port Dickson

Negeri Sembilan Darul Khusus

Annual Report 2019 417

Other
Information

HLBB LIST OF PROPERTIES HELD AS AT 30 JUNE 2019 (CONTINUED)

Location Tenure Description Gross Area Approx. Net book Date of
of property (Sq-ft) Age value acquisition
60 No. S-3, Kompleks Negeri Leasehold
Jalan Dr. Krishnan - 99 years held 1,680 (Years) (RM’000) 29/6/1981
70000 Seremban (30/01/2078) 35
Negeri Sembilan Darul Khusus Vacant 240
23
61 No. 105 & 107, Jalan Melaka Raya 24 Leasehold Vacant 3,132 24 479 17/4/1998
Taman Melaka Raya - 99 years 17
75000 Melaka (20/3/2094) 16

62 No. 67 & 69, Jalan Merdeka Leasehold Branch 3,080 22 633 15/8/1999
75000 Taman Merdeka Raya - 99 years premises
Melaka (07/07/2093) 18

63 No. 21 & 23, Jalan Indah 15/1 Freehold Vacant 5,090 16 1,341 27/5/2002
Bukit Indah, 81200 Johor Bahru
Johor Darul Takzim 23

64 No. 35, 37 & 39 Freehold Branch 13,965 1,918 12/02/2003
Jalan Johor Satu premises
Taman Desa Cemerlang
81800 Ulu Tiram
Johor Darul Takzim

65 No. 21, Jalan Permas 10/1 Freehold Branch 2,624 952 05/04/1999
Bandar Baru Permas Jaya premises
81750 Masai
Johor Darul Takzim

66 No. B-278 & B-280 Freehold Branch 3,208 1,360 04/08/1999
Jalan Beserah premises
25300 Kuantan
Pahang Darul Makmur

67 No. 31, 33, 35 & 37 Freehold Branch 15,844 1,126 10/07/2003
Jalan Usahaniaga 1 premises
Taman Niagajaya
14000 Bukit Mertajam
Seberang Perai Tengah, Penang

68 Lot 171, Jalan Council Leasehold Branch 1,740 133 21/6/1990
95000 Bandar Sri aman - 60 years premises
Sarawak (20/06/2050)

418 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Other
Information

HLBB LIST OF PROPERTIES HELD AS AT 30 JUNE 2019 (CONTINUED)

Location Tenure Description Gross Area Approx. Net book Date of
of property (Sq-ft) Age value acquisition
69 Lot No. 2013, Jalan Pisang Barat Leasehold
93150 Kuching - 99 years held 1,390 (Years) (RM’000) 23/9/1992
Sarawak (31/12/2038) 26
Storage -
70 No: 3/G14, 3/G15 & 3/G16 24
Block 3, Lorong Api-Api 2 Leasehold Branch 4,141 1,641 04/02/1997
Api-Api Centre - 99 years premises 46
88000 Kota Kinabalu (31/12/2086)
Sabah 26
Freehold Single-storey 6,730 10 16/8/1972
71 No. 177, Limbok Hill Detached house 22
70000 Seremban, 37
Negeri Sembilan Darul Khusus Freehold Vacant 5,804 - 25/05/1993
17
72 No. 11, Jalan Emas 2 Freehold Branch 9,600 47 17,477 01/06/2015
Taman Emas Cheras Freehold premises 7,060
43200 Cheras, Selangor 4 2,609 01/06/2015
Vacant
73 No. 53 & 55, Jalan Sultan Ismail
50250 Kuala Lumpur Freehold Branch 16,652 13,717 23/06/2015
premises 13,880
74 No. 9, Jalan Kundang Leasehold 4,829 17/08/2015
Taman Bukit Pasir - 998 years Branch
83000 Batu Pahat (31/12/2895) premises
Johor Darul Takzim
Freehold Head Office/ 668,331 578,427 03/07/2015
75 No. 300, Jalan Jelutong Branch
11600 Pulau Pinang

76 Lot 1, Block 35
Fajar Commercial Complex
Jalan Lembaga
91000 Tawau, Sabah

77 Menara Hong Leong
No. 6, Jalan Damanlela
Bukit Damansara
50490 Kuala Lumpur

Annual Report 2019 419

Local & Overseas
Branches

As At 30 June 2019

KUALA LUMPUR 14 No. 50, Jalan Manis 1 26 Lot No. 70, Level G2
Taman Segar, Cheras Publika Shopping Gallery
1 53 & 55, Jalan Sultan Ismail 56100 Kuala Lumpur Solaris Dutamas
50250 Kuala Lumpur Jalan Dutamas 1
15 Level 1, Menara Hong Leong 50480 Kuala Lumpur
2 No. 50, Jalan Merlimau No. 6, Jalan Damanlela
Off Jalan Kenanga Bukit Damansara 27 No. 31 and 33, Jalan 1/116B
55200 Kuala Lumpur 50490 Kuala Lumpur Kuchai Entrepreneurs Park
Off Jalan Kuchai Lama
3 Ground & Mezzanine Floors 16 26, Lorong Rahim Kajai 14 58200 Kuala Lumpur
Wisma Sin Heap Lee Taman Tun Dr Ismail
No. 346, Jalan Tun Razak 60000 Kuala Lumpur 28 30-34 Jalan Awan Hijau OUG
50400 Kuala Lumpur Jalan Kelang Lama
17 Lot 2-21A & 2-21A1 58200 Kuala Lumpur
4 Level 1, Wisma Hong Leong Jalan Desa 1/1
18, Jalan Perak Desa Aman Puri 29 71 and 73
50450 Kuala Lumpur 52100 Kuala Lumpur Jalan Radin Tengah Zone J 4
Bandar Baru Seri Petaling
5 Ground Floor, Menara Raja Laut 18 No. 77C & D, Lot 58529 57000 Kuala Lumpur
No. 288, Jalan Raja Laut Jalan Kepong
50350 Kuala Lumpur 52100 Kuala Lumpur 30 A54 Jalan Tuanku 4
Salak South Garden
6 No. 34, 36 and 38, Jalan Petaling 19 166 & 168, Jalan 2/3A Off Jalan Sg Besi
50000 Kuala Lumpur Off KM 12, Jalan Ipoh 57100 Kuala Lumpur
68100 Batu Caves, Kuala Lumpur
7 E-1-2 Level 1 Blok E 31 No. 7 and 9, Jalan 2/109 F
Southgate Commercial Centre 20 No. 44 & 46 Plaza Danau 2
No. 2 Jalan Dua Block A Plaza Sinar Taman Danau Desa
Off Jalan Chan Sow Lin Jalan 8/38D Off Jalan Klang Lama
55200, Kuala Lumpur Tmn Sri Sinar, Segambut 58100 Kuala Lumpur
51200 Kuala Lumpur
8 No. 468-B2(A), Block B 32 No. 8 and 10, Jalan 3/50C
Ground Floor 21 Ground & 1st Floor Taman Setapak Indah Jaya
Rivercity 3rd Mile No. 63 Jalan Medan Putra 1 Off Jalan Genting Kelang
Jalan Ipoh Medan Putra Business Centre 53300 Kuala Lumpur
51200 Kuala Lumpur Menjalara
52200 Kuala Lumpur 33 No. 266 and 267
9 150, Jalan Tun Sambanthan Jalan Bandar 12, Taman Melawati
50470 Kuala Lumpur 22 Ground Floor, No. 6 & 8 53100 Kuala Lumpur
Block 5, Jalil Link
10 114 and 116, Jalan Cerdas Jalan Jalil Jaya 6, Bukit Jalil 34 No. 2, Jalan Rampai Niaga 1
Taman Connaught, Cheras 57000 Kuala Lumpur Rampai Business Park
56000 Kuala Lumpur Taman Sri Rampai
23 Ground & 1st Floor 53300 Kuala Lumpur
11 No. 180-0-7 and 180-0-8 Unit 25-G & 25-1
Wisma Mahkota Signature Office, Mid Valley City 35 Ground & 1st Floor, No. 10-G-1
Taman Maluri, Cheras Lingkaran Syed Putra Jalan 14/48A, The Boulevard
55100 Kuala Lumpur 59200 Kuala Lumpur Shopoffice Off Jalan Sentul
51000 Kuala Lumpur
12 Ground Floor, No. 111 24 37, Jalan Telawi 3
Jalan Dwitasik 1 Bangsar Baru 36 Islamic Branch
Bandar Sri Permaisuri 59100 Kuala Lumpur No 28, Ground & First Floor
56100 Kuala Lumpur Jalan Setiawangsa 10/55A
25 No. 2, Jalan 22A/70A Taman Setiawangsa
13 No 15, 16 & 17, Jalan Midah Satu Desa Sri Hartamas 54200 Kuala Lumpur
Tmn Midah, Cheras 50480 Kuala Lumpur
56000 Kuala Lumpur

420 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Local & Overseas
Branches

As At 30 June 2019

SELANGOR DARUL EHSAN 50 No. 18 and 20, Jalan 20/16A 63 Wisma Meru
Taman Paramount 1 Lintang Pekan Baru
37 2-G, 2-1 & 2A-G 46300 Petaling Jaya, Selangor Off Jalan Meru
Jalan Cheras Maju 41050 Klang, Selangor
Pusat Perniagaan Cheras Maju 51 No. 80 and 82
43200 Balakong Selangor Jalan Othman 1/14 64 90, Persiaran Raja Muda Musa
46000 Petaling Jaya, Selangor 42000 Pelabuhan Klang, Selangor
38 No. 24, Medan Taming 2
Taman Taming Jaya 52 GF, Tower A 65 No. 1 and 3
43300 Balakong, Selangor PJ City Development Jalan Sri Sarawak 17
15A, Jalan 219, Sec 51A Taman Sri Andalas
39 No. 1, Jalan Temenggung 21/9 46100 Petaling Jaya, Selangor 41200 Klang, Selangor
Bandar Mahkota Cheras
43200 Cheras, Selangor 53 No. 9 & 11, Jalan 52/2 66 169, Jalan Teluk Pulai
PJ New Town 41100 Klang Selangor
40 5, Jalan Sl 1/4, Bandar Sg Long 46200 Petaling Jaya, Selangor
43000 Kajang, Selangor 67 No. 36, Jalan Dato Shahbudin 30
54 No. 22 & 24, Jalan 14/14 Taman Sentosa
41 No. 1 and 3, Jalan Seri Tanming 1F 46100 Petaling Jaya, Selangor 41200 Klang, Selangor
Taman Seri Tanming, Batu 9
43200 Cheras, Selangor 55 No. 28 & 30, Jalan SS2/67 68 No. 174 and 174A
47300 Petaling Jaya, Selangor Jalan Besar
42 Ground & First Floor 42800 Tanjung Sepat
No. 8 Jalan Suarasa 8/5 56 2, Jalan PJU 5/8, Dataran Sunway Kuala Langat, Selangor
Bandar Tun Hussein Onn Kota Damansara
43200 Cheras, Selangor 47810 Petaling Jaya, Selangor 69 Ground Floor, No. 109 & 111
Jalan Mahogani 5, Bandar Botanic
43 Ground & 1st Floor 57 Lot G-18 and G-19 41200 Klang, Selangor
No. 19 Jalan Kijang Perdana The Place
Taman Suntex, Batu 9 Damansara Perdana 70 Ground & First Floor, Lot 529
43200 Cheras, Selangor 47820 Petaling Jaya Jalan Besar Kapar, KU13
42200 Klang, Selangor
44 No. 11 and 13, Jalan M/J 1 58 A-G-08, A-1-08, A-2-08
Taman Majlis Jaya A-G-09, A-1-09, A-2-09 71 No. 15 and 16
Jalan Sungai Chua Glomac Square, Jalan SS6/54 Jalan Menteri Besar 2
43000 Kajang, Selangor Dataran Glomac New Sekinchan Business Centre
Pusat Bandar Kelana Jaya 45400 Sekinchan, Selangor
45 No. 7 and 9, Jalan Pasar Baru 2 47301 Petaling Jaya, Selangor
Seksyen 3, Bandar Semenyih 72 No. 64 Jalan Stesen
43500 Semenyih, Selangor 59 12 and 14, Jalan PJS 11/28A 45000 Kuala Selangor, Selangor
Metro Bandar Sunway
46 Ground Floor, 36, Jalan Sulaiman Bandar Sunway 73 No. 64 Jalan BRP 1/2
43000 Kajang, Selangor 46150 Petaling Jaya, Selangor Bukit Rahman Putra
47000 Sungai Buloh, Selangor
47 No. 2, Jalan Bangi Avenue 1/8 60 No. 68 Lorong Batu Nilam 4A
Taman Bangi Avenue Bandar Bukit Tinggi 74 51 & 53, Jalan TSB 10A
43000 Kajang, Selangor 41200 Klang, Selangor Taman Industri Sg Buloh
47000 Sg Buloh, Selangor
48 No. 1 & 3, Jalan Pju 1/43 61 No. 119 and 121
Aman Suria Jalan Sultan Abdul Samad 75 19 Jalan 54, Desa Jaya
47301 Petaling Jaya, Selangor 42700 Banting, Selangor 52100 Kepong Selangor

49 No. 25-G, 27-G, 29-G and 29-1 62 26-32, Jalan Kapar 76 No. 23 and 24, Jalan KIP 1
Jalan SS21/60 41400 Klang, Selangor Taman Perindustrian KIP
47400 Damansara Utama 52200 Selangor
Petaling Jaya, Selangor
77 59A, Jalan Welman
48000 Rawang, Selangor

Annual Report 2019 421

Local & Overseas
Branches

As At 30 June 2019

78 No. 2 Jalan Public 92 Lot 43 & 45, Jalan USJ 10/1G 106 Islamic Branch
Kampung Baru 47620 UEP Subang Jaya, Selangor Lot G13A (Ground Floor) D’pulze
Sungai Buloh Shopping Centre, P-01, D’pulze
40160 Shah Alam, Selangor 93 W-1-0, W-2-0 and W-1-1 Lingkaran Cyber Point Timur
Subang Square Business Centre Cyberjaya 12, Cyberjaya
79 No. 39 and 41, Jalan SJ 17 Jalan SS15/4G 63000 Selangor
Taman Selayang Jaya 47500 Subang Jaya, Selangor
68100 Batu Caves, Selangor PAHANG DARUL MAKMUR
94 Ground Floor, Lot G01
80 No. 5 & 7, Jalan Cempaka 1 Giant Hypermarket Putra Heights 107 No. 1 Bentong Heights
Taman Cempaka, 48200 Serendah Persiaran Putra Perdana 28700 Bentong, Pahang
Hulu Selangor, Selangor 47560 Putra Heights, Selangor
108 21 Jalan Tun Razak
81 No.G-16, 1-16, 2-16, G-17 95 No. 3-G, Jalan Anggerik Vanilla 27600 Raub Pahang
1-17 & 2-17, Jalan Prima SG1 N31/N, Kota Kemuning
Taman Prima Sri Gombak 40460 Shah Alam, Selangor. 109 No. 113, Jalan Inderapura 1
68100 Batu Caves, Selangor Bandar Inderapura
96 3, Jalan Takal 15/21, Seksyen 15 27000 Jerantut, Pahang
82 Wisma Keringat 2 40000 Shah Alam, Selangor
No. 17 Lorong Batu Caves 2 110 No. B278 & B280, Jalan Beserah
68100 Batu Caves, Selangor 97 34, Jalan Perbahan Satu 25300 Kuantan, Pahang
Section 26/2A
83 No. 5 & 7 Jalan Besar Susur 1 40000 Shah Alam, Selangor 111 25, Jalan Tun Ismail
43300 Seri Kembangan, Selangor 25000 Kuantan, Pahang
98 19, Jalan Setia Prima RU 13/R
84 Ground Floor, No.4G & 6G Setia Alam 112 59 and 60, Jalan Temerloh
Jalan Equine 1B 40170 Shah Alam, Selangor Locked Bag No. 9
Taman Equine Boulevard 28409 Mentakab, Pahang
43300 Seri Kembangan, Selangor 99 1G-3G, Jalan Wawasan 2/10
Bandar Baru Ampang 113 F107 Jalan Kuantan
85 No. 21 Jalan BS10/6 68000 Ampang, Selangor 28000 Temerloh Pahang
Seksyen 10, Bukit Serdang
43300 Seri Kembangan, Selangor 100 No. 91, Lorong Mamanda 1 114 No. 36 Main Road Tanah Rata
Ampang Point 39000 Cameron Highlands Pahang
86 3, Jalan Bandar Satu 68000 Ampang, Selangor
Pusat Bandar Puchong TERENGGANU DARUL IMAN
47100 Puchong, Selangor 101 No. 7 and 9
Jalan Bunga Tanjong 6A 115 Lot 3594 and 3595
87 No. 2 Jalan Puteri 2/4 Taman Putra Jalan Baru Pak Sabah
Bandar Puteri 68000 Ampang, Selangor 23000 Dungun, Terengganu
47100 Puchong, Selangor
102 Ground Floor No. 8 116 No. 5686 & 5694-B
88 2, Jalan Kinrara Jalan UP 1/5, Taman Ukay Perdana Jalan Kubang Kurus
Taman Kinrara, Jalan Puchong 68000 Ampang, Selangor 24000 Kemaman, Terengganu
47100 Selangor
103 No. 1-GM, Jalan Perdana 4/6 117 No. 1107-R, S & T, Jalan Pejabat
89 No. 26 & 27, Jalan Kenari 1 Pandan Perdana 20200 Kuala Terengganu
Bandar Puchong Jaya 55300 Kuala Lumpur Terengganu
47100 Puchong, Selangor
104 No. 1 & 3, Jalan Pandan 3/5 118 Islamic Branch
90 No. E-01-07 and E-01-08 Pandan Jaya No. 31, Jalan Sultan Ismail
Jalan Puchong Prima 5/3 55100 Kuala Lumpur 20200 Kuala Terengganu
Puchong Prima Terengganu
47100 Puchong, Selangor 105 No. 23GM and 25GM
Jalan Pandan Indah 4/8
91 No. 120 Jalan PUJ 3/2 Pandan Indah
Taman Puncak Jalil 55100 Kuala Lumpur
Bandar Putra Permai
43300 Seri Kembangan, Selangor

422 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Local & Overseas
Branches

As At 30 June 2019

KELANTAN DARUL NAIM 130 Lot No 4, 5 & 6, Block C 144 Lot 3073 and 3074
Lorong KK Taipan 2 Jalan Abang Galau
119 PT 320 & 321, Seksyen 25 Inanam New Township 97000 Bintulu, Sarawak
Jalan Sultan Yahya Petra 88450 Kota Kinabalu, Sabah
15200 Kota Bahru, Kelantan 145 Lot 2499 & 2500
131 MDLD 4712, Lot 4 Ground & 1st Floor
120 Islamic Branch Jalan Kastam Lama Boulevard Commercial Centre
No. 1121A & 1121B 91100 Lahad Datu, Sabah Jalan Miri-Pujut, KM 3
Jalan Padang Garong, Seksyen 12 98000 Miri, Sarawak
15000 Kota Bahru, Kelantan SARAWAK
146 Lot 1078-1079, Buangsiol Road
FEDERAL TERRITORY LABUAN 132 Sub Lot 6, Lot 538 P.O. Box 69
Jalan Lee Kai Teng, P.O. Box 34 98707 Limbang, Sarawak
121 64 Jalan Tun Mustapha 95700 Betong, Sarawak
87007 Labuan 147 No. 722, Jalan Masjid
133 345-347 P.O. Box 19
SABAH Central Park Commercial Centre 96400 Mukah, Sarawak
Jalan Tun Ahmad Zaidi Adruce
122 Ground and 1st Floor 93200 Kuching. 148 Ground & First Floor, Lot 715
Lot No. 1 Block 35 Merbau Road
Fajar Commercial Complex 134 Lot 122, 123 & 124 98000 Miri, Sarawak
Jalan Lembaga Jalan Song Thian Cheok
91013 Tawau, Sabah 93100 Kuching, Sarawak 149 8-10, Lorong Maju
P.O. Box 279
123 No. 5 and 6 (Aras Bawah) 135 42, Jalan Pending 96508 Bintangor, Sarawak
Lorong Lintas Plaza 1, Lintas Plaza 93450 Kuching, Sarawak
88300 Kota Kinabalu, Sabah 150 18, Chew Geok Lin Street
136 35 Jalan Khoo Hun Yeang P.O. BOX 1461
124 Lots 1, 2 and 3, Block 18, Mile 4 93000 Kuching 96000 Sibu, Sarawak
North Road, Bandar Indah
90722 Sandakan, Sabah 137 Lot 10901 & 10902 151 122, Jalan Yong Moo Chai
Jalan Tun Jugah P.O. Box 15
125 Ground Floor, Wisma Sandaraya 93350 Kuching. 96807 Kapit, Sarawak
Humphrey Street
90000 Sandakan, Sabah 138 No. 127-129, RH Plaza 152 No. 22 & 24, Suria Permata
Jalan Lapangan Terbang Commercial Centre, Jalan Lanang
126 19 Jalan Haji Saman 93350 Kuching 96000 Sibu, Sarawak
P.O. Box 11989
88821 Kota Kinabalu, Sabah 139 No. 155C, Jalan Satok 153 No. 133, 135 and 137
93400 Kuching, Sarawak Jalan Kampung Nyabor
127 Lot 38, Block E 96000 Sibu, Sarawak
Alamesra Plaza Permai 140 Lot 171, Jalan Council
88400 Kota Kinabalu, Sabah 95000 Bdr Sri Aman, Sarawak 154 10, 12, 14, 16 & 18, Mission Road
P.O. Box 656
128 Lot 3-0-14 To 3-0-16, Block 3 141 Lot 13 and 14, Olive Garden 96007 Sibu, Sarawak
Lorong Api-Api 2, Api-Api Centre 7th Mile Bazaar, Jalan Pensrissen
88000 Kota Kinabalu, Sabah 93250 Kuching, Sarawak 155 No. 18C & 20, Lorong Tun Razak 1
Jalan Masjid Lama
129 No. 8, Jalan Pantai 142 175, Serian Bazaar 96100 Sarikei, Sarawak
Locked Bag No. 124 94700 Serian, Sarawak
88999 Kota Kinabalu, Sabah
143 Lot 124, Saratok Bazaar
P.O. Box 71
95407 Saratok, Sarawak

Annual Report 2019 423

Local & Overseas
Branches

As At 30 June 2019

KEDAH DARUL AMAN 170 No. 1, Light Street, Georgetown 184 No. 1, Jalan Besar
10200 Pulau Pinang Taman Tempua
156 167 & 168 14000 Simpang Ampat
Susuran Sultan Abdul Hamid 11 171 No. 405 Jalan Burmah Pulau Pinang
Kompleks Perniagaan Sultan Abdul 10350 Pulau Pinang
Hamid Fasa 2 185 1435 & 1436, Jalan Besar
05050, Alor Setar, Kedah 172 No. 723-G-G, 723-H-G 14200 Sg Bakap
and 723-I-G Jalan Sungai Dua Seberang Prai Selatan
157 No. 212-212A, Jalan Gangsa 11700 Pulau Pinang Pulau Pinang
Seberang Jalan Putra
05150 Alor Setar, Kedah 173 Lot G17 & G18 186 No. 1823-G1
Penang Times Square Jalan Perusahaan Auto City
158 18K & 18L, Jalan Raya Jalan Dato Keramat North-South Highway Juru
08300 Gurun, Kedah 10150 Pulau Pinang. Interchange, 13600 Prai
Pulau Pinang
159 No. 62 and 63, Jalan Bayu 1 174 306-F, Jalan Dato Ismail Hashim
09000 Kulim, Kedah Darul Aman 11900 Bayan Lepas, Pulau Pinang 187 Ground & First Floor
No. 1 Medan Limau Emas
160 No. 93, Langkawi Mall 175 No. 16A & 16B Pusat Perniagaan Limau Emas
Jalan Kelibang Lebuhraya Thean Teik Off Jalan Song Ban Keng
07000, Langkawi, Kedah Bandar Baru Ayer Itam 14000 Bukit Mertajam
11500 Pulau Pinang Pulau Pinang.
161 No. 1 and 2, Jalan Raya
09800 Serdang, Kedah Darul Aman 176 Ground Floor & 1st Floor PERAK DARUL RIDZUAN
No. 82 Jalan Besar, Balik Pulau
162 Ground and First Floor 11000 Pulau Pinang 188 75 Jalan Sultan Idris Shah
No. 64 and 65 Jalan Pengkalan 30000 Ipoh, Perak.
Taman Pekan Baru 177 No. 1, Lebuh Kurau 1
08000 Sungai Petani, Kedah Taman Chai Leng 189 No. 91 and 93
13700 Prai, Pulau Pinang. Jalan Dato Lau Pak Khuan
163 No. 255, Jalan Legenda 10 Ipoh Garden 31400 Ipoh
Legenda Heights 178 No. 9 and 10, Jalan Todak 2 Perak
08000 Sg Petani, Kedah Pusat Bandar, Seberang Jaya
13700 Prai, Pulau Pinang 190 Lot A-G-2, A-1-2 and A-1-4, No. 1
164 9A and 9B Jalan Kampong Baru Persiaran Greentown 2
08000 Sungai Petani, Kedah. 179 No. 26, 28 & 30, Lorong Murni 1 Greentown Business Centre
Taman Desa Murni, Sg. Dua 30450 Ipoh, Perak
165 Ground Floor, Lot 1520-2A 13800 Butterworth, Pulau Pinang
Pantai Halban 191 579 and 579A Jalan Pasir Puteh
06000 Jitra, Kedah 180 No. 3350 & 3351 31650 Ipoh Perak
Jalan Rozhan
PULAU PINANG Taman Industri Alma Jaya 192 No. 396 & 398, Taman Saujana
14000 Bukit Mertajam 34600 Kamunting, Perak
166 19 Jalan Bertam Pulau Pinang
13200 Kepala Batas 193 41, Jalan Taiping
Seberang Prai, Pulau Pinang 181 No. 31, 33, 35 34200 Parit Buntar, Perak
Jalan Usahaniaga 1
167 15-G-1 (Bayan Point) Taman Niagajaya 194 No. 53, 55 and 57, Jalan Stesyen
Medan Kampong Relau 14000 Bukit Mertajam, Penang 34000 Taiping, Perak
11900 Pulau Pinang
182 No. 6963 and 6964 195 No. 254, Jalan Raja Dr Nazrin Shah
168 No. 300, Jalan Jelutong Jalan Ong Yi How Gunung Rapat
11600 Pulau Pinang Kawasan Perindustrian Raja Uda 31350 Ipoh, Perak
13400 Butterworth, Pulau Pinang
169 98-G-15 Prima Tanjong
Jalan Fettes 10470 Tanjong Tokong 183 No. 1781 Jalan Nibong Tebal
Pulau Pinang Taman Panchor Indah
14300 Nibong Tebal
Pulau Pinang

424 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Local & Overseas
Branches

As At 30 June 2019

196 Ground & First Floor 210 Lot PT 5759 & 5730 JOHOR DARUL TAKZIM
No. 362, Medan Bercham Jalan TS 2/1D, Taman Semarak
Jalan Bercham 71800 Nilai, Negeri Sembilan 222 Ground Floor, Penggaram Complex
31400 Ipoh, Perak No. 1 Jalan Abdul Rahman
211 No. 69, 70 and 71 Off Jalan Rahmat
197 86 & 88, Jalan Besar Jalan Dato Bandar Tunggal 83000 Batu Pahat, Johor
32400 Ayer Tawar, Perak 70000 Seremban, Negeri Sembilan
223 120 and 122, Jalan Mersing
198 N-20, Jalan Bidor Raya 212 1278 Jalan Rasah 86000 Kluang, Johor
Off Jalan Persatuan 70300 Seremban, Negeri Sembilan
35500 Bidor, Perak 224 No. 70, Jalan Segamat
213 No. 145-G, 145-1 & 146-G 85300 Labis, Johor
199 27 Jalan Dewangsa Block M Taipan Senawang
31000 Batu Gajah, Perak Jalan Taman Komersil Senawang 1 225 No. 3 Pusat Dagangan Bakri
70450 Seremban, Negeri Sembilan Jalan Bakri
200 133 and 135 Jalan Gopeng 84000 Muar Johor
31900 Kampar, Perak 214 No. 7 & 8, Jalan S2 B15
Biz Avenue, Seremban 2 226 No. 43A & 45
201 No. PT 1167 & 1168 70300 Seremban, Negeri Sembilan Jalan Genuang Kampung
Jalan Chui Chak Kampung Abdullah
36700 Langkap, Perak MELAKA 85000 Segamat, Johor

202 No. 116 & 117, Jalan Besar 215 Lot 215 & 130, Jalan Besar 227 No. LC531, Jalan Payamas
31450 Menglembu, Ipoh, Perak 78300 Masjid Tanah, Melaka 84900 Tangkak, Johor

203 No. 28, Medan Silibin 216 345, Jalan Ong Kim Wee 228 108, 109 & 110 Main Road
30100 Ipoh, Perak 75300 Melaka 83700 Yong Peng, Johor

204 No. 16 and 17, Taman Sitiawan 217 No. 67 & 69, Jalan Merdeka 229 No. 345A, Jalan Ismail
Maju, Jalan Lumut Taman Melaka Raya 86800 Mersing, Johor
32000 Sitiawan, Perak 75000 Melaka
230 No. 6 and 7, Jalan Anggerik 1
205 No. 25 & 27, Jalan Bunga 218 150 and 152 Taman Kulai Utama
Anggerik, Taman Bunga Raya Kompleks Munshi Abdullah 81000 Kulai, Johor
35900 Tanjong Malim, Perak Jalan Munshi Abdullah
75100 Melaka 231 No. 25 & 25A
206 11 and 12 Jalan Kenanga 29/1, Indahpura
Kompleks Menara Condong 219 Lot BB-371A & B 81000 Kulai, Johor
Jalan Bandar Taman Melaka Baru
36000 Teluk Intan, Perak Batu Berendam 232 Ground Floor, No. 121 & 123
75350 Melaka Jalan Austin Heights 3
NEGERI SEMBILAN DARUL Taman Mount Austin
KHUSUS 220 No. 1, 1-1 & 3 81100 Johor Bahru, Johor
Jalan Malim Jaya 2/7A
207 100, Jalan Gurney Taman Malim Permai 233 No. 8-10, Jalan Nusaria 11/7
72100 Bahau, Negeri Sembilan 75250 Melaka Taman Nusantara
81550 Gelang Patah, Johor
208 112 Jalan Yam Tuan Raden 221 No. 76 Jalan Inang 4
72000 Kuala Pilah, Negeri Sembilan Taman Paya Rumput Utama 234 No. 24-25, Jalan Ahmad Ujan
76300 Paya Rumput, Melaka Taman Kota Besar
209 Lot 3120 & 3121 81900 Kota Tinggi, Johor
Jalan Besar Lukut
71010 Port Dickson 235 No. 2 Jalan Jati Satu
Negeri Sembilan Taman Nusa Bestari Jaya
81300 Skudai, Johor Bahru, Johor

236 1, 1A, 1B & 1C, Jalan Belimbing
81400 Senai, Johor

Annual Report 2019 425

Local & Overseas
Branches

As At 30 June 2019

237 6 & 8, Jalan Nakhoda 12 251 No. 29 & 31, Jalan Molek 2/4 SINGAPORE
Taman Ungku Tun Aminah Taman Molek
81300 Skudai, Johor 81100 Johor Bahru, Johor 1 Main Office
1 Wallich Street
238 Ground Floor, No. 1 252 Ground Floor #29-01 Guoco Tower
Jalan Setia Tropika 1/15 Bangunan Persekutuan Singapore 078881
Taman Setia Tropika Tiong Hua JB, No. 8, Jalan Keris
81200 Johor Bahru, Johor Taman Sri Tebrau Banking Hall
80050 Johor Bahru, Johor 7 Wallich Street
239 1 & 3 #B1-25 & B1-26
Jalan Persiaran Tanjung Susur 1 PERLIS Tanjong Pagar Center
Taman Bukit Alif, Tampoi Singapore 078884
81200 Johor Bahru, Johor 253 No. 40 and 42, Jalan Bukit Lagi
01000 Kangar, Perlis HONG KONG
240 No. 39 & 41
Jalan Kebudayaan 1 FEDERAL TERRITORY 1 Rm 1504 & 50/F
Taman Universiti PUTRAJAYA The Center
81300 Skudai, Johor 99 Queen’s Road Central
254 Islamic Branch Central, Hong Kong
241 No. 5 Jalan Camar 1/3 Lot T00-U01, No. 5
Taman Perling Jalan 16, Precint 16 VIETNAM
81200 Johor Bahru, Johor 62150 Putrajaya
Wilayah Persekutuan 1 Hong Leong Bank Vietnam
242 No. 30 & 31, Jalan Delima Limited
Pusat Perdagangan Pontian BUREAU DE CHANGE Ground Floor, Centec Tower
82000 Pontian, Johor 72-74 Nguyen Thi Minh Khai Street
1 S2-3-L34 District 3, Ho Chi Minh City
243 37 & 39, Jalan Johar 1 Terminal KLIA2
Taman Desa Cemerlang Jalan KLIA2 2 Hong Leong Bank Vietnam
81800 Ulu Tiram, Johor 64000 KLIA Limited
Selangor Darul Ehsan Pacific Place, GF, Unit 08-09
244 12-16, Jalan Wong Ah Fook 83B Ly Thuong Kiet Str
80000 Johor Bahru, Johor 2 No. 53 & 55 Jalan Sultan Ismail Tran Hung Dao Ward
50250 Kuala Lumpur Hoan Kiem District
245 105-106, Jalan Besar Hanoi, Vietnam
81750 Masai, Johor 3 No. 25, Jalan Tun Ismail
25000 Kuantan, Pahang 3 Hong Leong Bank Vietnam
246 30 & 31, Jalan Mawar 1 Limited
Taman Mawar 4 Lot L2LS16B, Level 2 Binh Duong Branch
81700 Pasir Gudang, Johor Departure Landside Unit 102, 103 Canary Plaza
(Public Concourse) Binh Duong Boulevard
247 No. 173 & 175, Jalan Sri Pelangi Penang International Airport Thuan An District, Binh Duong
Taman Pelangi 11900 Bayan Lepas Vietnam
80400 Johor Bahru, Johor Pulau Pinang
4 Hong Leong Bank Vietnam
248 No. 21, Jalan Permas 10/1 Limited
Bandar Baru Permas Jaya Transaction Office
81750 Masai, Johor 302 An Duong Vuong Street
District 5, Ho Chi Minh City, Vietnam
249 No. 20 & 21
Jalan Harimau Tarum, Taman Abad
80250 Johor Bahru, Johor

250 80 Jalan Dedap 13
Taman Johor Jaya
81100 Johor Bahru Johor

426 HONG LEONG BANK BERHAD

CORPORATE FINANCIALS ADDITIONAL INFORMATION

Local & Overseas
Branches

As At 30 June 2019

CAMBODIA

1 Hong Leong Bank (Cambodia) PLC
Head Office Branch:
No. 28, Samdech Pan Avenue
(St. 214), Sangkat Boeung Raing
Khan Daun Penh, Phnom Penh
Kingdom of Cambodia

2 Hong Leong Bank (Cambodia) PLC
Tuol Kork Branch:
No. 150 G & 150 M
Street 289 Sangkat Boeung Kak 1
Khan Toul Kork, Phnom Penh

3 Hong Leong Bank (Cambodia) PLC
Olympic Branch:
No. 345, 347, and 349, Street 274
Sangkat Veal Vong, Khan 7 Makara
Phnom Penh

4 Hong Leong Bank (Cambodia) PLC
Pet Lok Sang Branch:
No. 23, Street 271
Sangkat Toeuk Thla
Khan Sensok, Phnom Penh
Cambodia

5 Hong Leong Bank (Cambodia) PLC
Mao Tse Toung Branch:
No. 167CD
Mao Tse Toung Blvd (St. 245)
Sangkat Toul Svay Prey 1
Khan Chamkamorn, Phnom Penh

6 Hong Leong Bank (Cambodia) PLC
Boeung Snor Branch:
# SL08 and SL09 of Polaris Shop
National Road N01
Boeung Chhouk Village
Sangkat Niroth, Khan Chbar Ampov
Phnom Penh, Cambodia

LABUAN OFFSHORE

1 Hong Leong Bank Berhad
Labuan International Branch
Level 6 (G), Main Office Tower
Financial Park Labuan Complex
Jalan Merdeka
87000 Labuan F.T. Malaysia 

Annual Report 2019 427

FORM OF PROXY (97141-X)

I/We

NRIC/Passport/CompanyNo.

of

being a member of HONG LEONG BANK BERHAD (the “Bank”), hereby appoint



NRIC/Passport No.

of

or failing him/her

NRIC/Passport No.

of


or failing him/her, the Chairman of the meeting as my/our proxy/proxies to vote for me/us on my/our behalf at the Seventy-Eighth Annual General
Meeting of the Bank to be held at the Auditorium, Ground Floor, Menara Hong Leong, No. 6, Jalan Damanlela, Bukit Damansara, 50490 Kuala Lumpur on
Tuesday, 29 October 2019 at 10:00 a.m. and at any adjournment thereof.

My/Our proxy/proxies is/are to vote as indicated below with an “X”:

RESOLUTIONS FOR AGAINST
1. To declare a final single-tier dividend of 34 sen per share
2. To approve the payment of Directors’ Fees and Directors’ Other Benefits
3. To re-elect Ms Chong Chye Neo as Director
4. To re-elect Ms Lau Souk Huan as Director
5. To re-elect Mr Tan Kong Khoon as Director
6. To re-elect YBhg Datuk Dr Md Hamzah bin Md Kassim as Director
7. To re-appoint PricewaterhouseCoopers PLT as Auditors of the Bank and to authorise the Directors to fix their

remuneration
SPECIAL BUSINESS
8. To approve the ordinary resolution on Authority to Directors to Allot Shares
9. To approve the ordinary resolution on Proposed Renewal of Shareholders’ Mandate for Recurrent Related
Party Transactions of a Revenue or Trading Nature with Hong Leong Company (Malaysia) Berhad (“HLCM”) and
Persons Connected with HLCM
10. To approve the special resolution on Proposed Adoption of New Constitution

Dated this day of 2019


Number of shares held Signature(s) of Member

Notes:-

1. For the purpose of determining members’ eligibility to attend this meeting, only members whose names appear in the Record of Depositors as at 18 October 2019
shall be entitled to attend this meeting or appoint proxy(ies) to attend and vote on their behalf.

2. If you wish to appoint other person(s) to be your proxy, insert the name(s) and address(es) of the person(s) desired in the space so provided.

3. If there is no indication as to how you wish your vote(s) to be cast, the proxy will vote or abstain from voting at his/her discretion.

4. A proxy may but need not be a member of the Bank.

5. Save for a member who is an exempt authorised nominee, a member shall not be entitled to appoint more than two (2) proxies to attend, participate, speak and vote
at the same meeting. Where a member of the Bank is an authorised nominee as defined under the Securities Industry (Central Depositories) Act, 1991, it may appoint
not more than two (2) proxies in respect of each securities account it holds with ordinary shares of the Bank standing to the credit of the said securities account. A
member who is an exempt authorised nominee for multiple beneficial owners in one securities account (“Omnibus Account”) may appoint any number of proxies in
respect of the Omnibus Account.

6. Where two (2) or more proxies are appointed, the proportion of shareholdings to be represented by each proxy must be specified in the instrument appointing the
proxies, failing which the appointments shall be invalid (please see note 9 below).

7. In the case where a member is a corporation, this Form of Proxy must be executed under its Common Seal or under the hand of its Attorney.

8. All Forms of Proxy must be duly executed and deposited at the Registered Office of the Bank at Level 30, Menara Hong Leong, No. 6, Jalan Damanlela,
Bukit Damansara, 50490 Kuala Lumpur not less than 48 hours before the time and date of the meeting or adjourned meeting.

9. In the event two (2) or more proxies are appointed, please fill in the ensuing section:

Name of Proxies % of shareholdings to be represented

10. Pursuant to Paragraph 8.29 A (1) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, all the resolutions set out in the notice will be put to
vote by way of a poll.

Fold this flap for sealing

Then fold here AFFIX
STAMP
The Company Secretary
HONG LEONG BANK BERHAD
(Company No. 97141-X)
Level 30, Menara Hong Leong
No. 6, Jalan Damanlela
Bukit Damansara
50490 Kuala Lumpur
Malaysia

1st fold here

Hong Leong Bank Berhad (97141-X)

Level 19, Menara Hong Leong
6, Jalan Damanlela, Bukit Damansara
50490 Kuala Lumpur
Tel : 03-2081 8888
Fax : 03-2081 7801

w w w. h l b . c o m . m y

As part of Hong Leong Bank’s support for environmental sustainability, this Annual Report
is printed on Forest Stewardship Council (FSC) certified paper and recycled paper.

STOCK CODE CORPORATE GOVERNANCE REPORT
: 5819

COMPANY NAME : HONG LEONG BANK BERHAD
FINANCIAL YEAR : 30 JUNE 2019

OUTLINE:

SECTION A – DISCLOSURE ON MALAYSIAN CODE ON CORPORATE GOVERNANCE
Disclosures in this section are pursuant to Paragraph 15.25 of Bursa Malaysia Listing Requirements.

SECTION B – DISCLOSURES ON CORPORATE GOVERNANCE PRACTICES PURSUANT TO
CORPORATE GOVERNANCE GUIDELINES ISSUED BY BANK NEGARA MALAYSIA
Disclosures in this section are pursuant to Appendix 4 (Corporate Governance Disclosures) of the
Corporate Governance Guidelines issued by Bank Negara Malaysia. This section is only applicable
for financial institutions or any other institutions that are listed on the Exchange that are required to
comply with the above Guidelines.

Page 1 of 46

SECTION A – DISCLOSURE ON MALAYSIAN CODE ON CORPORATE GOVERNANCE
Disclosures in this section are pursuant to Paragraph 15.25 of Bursa Malaysia Listing Requirements.

Intended Outcome
Every company is headed by a board, which assumes responsibility for the company’s leadership and
is collectively responsible for meeting the objectives and goals of the company.

Practice 1.1
The board should set the company’s strategic aims, ensure that the necessary resources are in place
for the company to meet its objectives and review management performance. The board should set
the company’s values and standards, and ensure that its obligations to its shareholders and other
stakeholders are understood and met.

Application : Applied.

Explanation : The Board of Directors of Hong Leong Bank Berhad (“HLB” or “Bank”)
on assumes responsibility for effective stewardship and control of the Bank and has
application established terms of reference (“TOR”) to assist in the discharge of this
of the responsibility.
practice
In discharging its responsibilities, the Board established functions which are
reserved for the Board and those which are delegated to Management. The
key roles and responsibilities of the Board are set out in the Board Charter,
which is reviewed periodically by the Board and published on the Bank’s
website, ‘www.hlb.com.my’ (“the Bank’s Website”). The key roles and
responsibilities of the Board broadly cover formulation of corporate policies and
strategies; overseeing and evaluating the conduct of the Group’s businesses;
identifying principal risks and ensuring the implementation of appropriate
systems to manage those risks; and reviewing and approving key matters
such as financial results, investments and divestments, acquisitions and
disposals, and major capital expenditure and such other responsibilities that
are required of them by Bank Negara Malaysia (“BNM”) as specified in
guidelines and circulars issued by BNM from time to time.

Explanation :
for
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 2 of 46

Intended Outcome
Every company is headed by a board, which assumes responsibility for the company’s leadership and
is collectively responsible for meeting the objectives and goals of the company.

Practice 1.2
A Chairman of the board who is responsible for instilling good corporate governance practices,
leadership and effectiveness of the board is appointed.

Application : Applied.

Explanation on : The Chairman helms the Board of Directors. He leads the Board and
application of the ensures its smooth and effective functioning.
practice
The responsibilities of the Chairman are set out in the Board Charter,
which is published on the Bank’s Website.

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 3 of 46

Intended Outcome
Every company is headed by a board, which assumes responsibility for the company’s leadership and
is collectively responsible for meeting the objectives and goals of the company.

Practice 1.3
The positions of Chairman and CEO are held by different individuals.

Application : Applied.

Explanation on : There is a clear division of responsibilities between the Chairman of
application of the the Board and the Chief Executive Officer (“CEO”). This division of
practice responsibilities between the Chairman and the CEO ensures an
appropriate balance of roles, responsibilities and accountability.

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 4 of 46

Intended Outcome
Every company is headed by a board, which assumes responsibility for the company’s leadership and
is collectively responsible for meeting the objectives and goals of the company.

Practice 1.4
The board is supported by a suitably qualified and competent Company Secretary to provide sound
governance advice, ensure adherence to rules and procedures, and advocate adoption of corporate
governance best practices.

Application : Applied.

Explanation on : All Directors have access to the advice and services of a qualified
application of the and competent Company Secretary to facilitate the discharge of their
practice duties effectively. The Company Secretary is qualified to act under
Section 235 of the Companies Act 2016. The Company Secretary
supports the effective functioning of the Board, provides advice and
guidance to the Board on policies and procedures, relevant rules,
regulations and laws in relation to corporate secretarial and
governance functions and facilitates effective information flow amongst
the Board, Board Committees and senior management. The Company
Secretary attends programmes and seminars to keep abreast of relevant
regulatory requirements, company law and corporate governance
requirements and best practices.

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 5 of 46

Intended Outcome
Every company is headed by a board, which assumes responsibility for the company’s leadership and
is collectively responsible for meeting the objectives and goals of the company.

Practice 1.5
Directors receive meeting materials, which are complete and accurate within a reasonable period
prior to the meeting. Upon conclusion of the meeting, the minutes are circulated in a timely manner.

Application : Applied.

Explanation on : Prior to Board meetings, Directors are provided with minutes of the
application of the previous meeting(s). The agenda together with meeting reports and
practice reference materials are disseminated electronically via ‘BoardPAC’, an
iPad-based solution which stores meeting documents digitally in a
secured manner.

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 6 of 46

Intended Outcome
There is demarcation of responsibilities between the board, board committees and management.

There is clarity in the authority of the board, its committees and individual directors.

Practice 2.1

The board has a board charter which is periodically reviewed and published on the company’s

website. The board charter clearly identifies–
 the respective roles and responsibilities of the board, board committees, individual

directors and management; and
 issues and decisions reserved for the board.

Application : Applied.

Explanation on : The Board Charter sets out the responsibilities of the Board and Board
application of the Committees, the Chairman and CEO, matters reserved and delegated
practice by the Board and proceedings of Directors.

The Board Charter is reviewed periodically by the Board and published
on the Bank’s Website.

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 7 of 46

Intended Outcome
The board is committed to promoting good business conduct and maintaining a healthy corporate
culture that engenders integrity, transparency and fairness.

The board, management, employees and other stakeholders are clear on what is considered
acceptable behaviour and practice in the company.

Practice 3.1
The board establishes a Code of Conduct and Ethics for the company, and together with
management implements its policies and procedures, which include managing conflicts of interest,
preventing the abuse of power, corruption, insider trading and money laundering.

The Code of Conduct and Ethics is published on the company’s website.

Application : Applied.

Explanation on : The Board observes the Code of Ethics for Company Directors
application of the established by the Companies Commission of Malaysia (“CCM”) and
practice Hong Leong Bank Group (“HLB Group”) Code of Conduct & Ethics
which incorporates the ethical standards recommended by the
Financial Services Professional Board’s Code of Ethics which is
applicable to:

• All employees who work in the HLB Group across the
jurisdictions in which we operate – including but not limited to
permanent, part-time and temporary employees;

• Board of Directors of the HLB Group; and
• Any other persons permitted to perform duties or functions

within the HLB Group – including but not limited to contractors,
secondees, interns, industrial attachment and agency staff.

There are six key pillars to the HLB Group Code of Conduct and Ethics:
• Competence
• Integrity
• Fairness
• Confidentiality
• Objectivity
• Environment

The Code of Ethics for Company Directors and the Code of Conduct &
Ethics are published on the Bank’s Website.

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 8 of 46

Intended Outcome
The board is committed to promoting good business conduct and maintaining a healthy corporate
culture that engenders integrity, transparency and fairness.

The board, management, employees and other stakeholders are clear on what is considered
acceptable behaviour and practice in the company.

Practice 3.2
The board establishes, reviews and together with management implements policies and procedures
on whistleblowing.

Application : Applied.

Explanation on : A Whistleblowing Policy has been established by the Bank and it
application of the provides a structured channel for all employees of the Bank and any
practice other persons providing services to, or having a business relationship
with the Bank, to report any concerns about any improper conducts or
wrongful acts that may adversely impact the Bank.

The Whistleblowing Policy of the HLB Group, the email addresses of
the recipients of the reports, as well as the Whistleblower Form are
available on the Bank’s Website.

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 9 of 46

Intended Outcome
Board decisions are made objectively in the best interests of the company taking into account diverse
perspectives and insights.

Practice 4.1
At least half of the board comprises independent directors. For Large Companies, the board
comprises a majority independent directors.

Application : Applied.

Explanation on : The Board of the Bank comprises a majority of Independent Directors.
application of the
practice

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 10 of 46

Intended Outcome
Board decisions are made objectively in the best interests of the company taking into account diverse
perspectives and insights.

Practice 4.2
The tenure of an independent director does not exceed a cumulative term limit of nine years. Upon
completion of the nine years, an independent director may continue to serve on the board as a non-
independent director.

If the board intends to retain an independent director beyond nine years, it should justify and seek
annual shareholders’ approval. If the board continues to retain the independent director after the
twelfth year, the board should seek annual shareholders’ approval through a two-tier voting process.

Application : Not applicable – there are no Independent Directors serving beyond 9
years in the Bank.

Explanation on :
application of the
practice

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 11 of 46

Intended Outcome
Board decisions are made objectively in the best interests of the company taking into account diverse
perspectives and insights.

Practice 4.3 - Step Up
The board has a policy which limits the tenure of its independent directors to nine years.

Application : Not adopted.

The Board is of the view that the 9-year Tenure Policy of Independent
Directors as explained in the Corporate Governance Overview, Risk
Management and Internal Control Statement is adequate.

Explanation on :
adoption of the
practice

Page 12 of 46

Intended Outcome
Board decisions are made objectively in the best interests of the company taking into account diverse
perspectives and insights.

Practice 4.4
Appointment of board and senior management are based on objective criteria, merit and with due
regard for diversity in skills, experience, age, cultural background and gender.

Application : Applied.

Explanation on : The Bank has in place a fit and proper (“F&P”) policy as a guiding

application of the mechanism and framework for appointment of the Board and the CEO

practice as set out in the F&P policy of the Bank. The F&P policy provides, inter

alia, the assessment criteria and guidelines for such appointments and

they are as follows:

(i) how the candidate will be a strategic and effective fit for the Board

and contribute to the overall desired composition and required
mix of expertise/experience to enhance the Board’s overall
effectiveness;

The Nomination Committee (“NC”) shall, inter alia, consider the
attributes, qualifications, management, leadership and business
experience, which ought to be at the most senior levels.

In respect of skills, expertise and background, the candidate
should ideally complement the mix of core competencies of the
Board as a whole including but not limited to business, legal
and financial expertise, professional knowledge, information
technology and financial industry experience.

(ii) in the case of CEO, the candidate’s knowledge and experience in

the industry, market and segment and how this will bear on
the performance of his/her duties;

(iii) the candidate shall complete the F&P Declaration in respect of

his/her probity, competence, personal integrity, reputation,
qualifications, skills, experience and financial integrity in line
with the standards required under the relevant BNM Guidelines;

(iv) the candidate is required to ensure the financial obligation

information reported in the BNM application form is accurate with
cross reference made to his/her individual CCRIS report
accordingly;

(v) the candidate will be briefed on expectations on his role

including his/her time commitment, the F&P assessments to be
conducted and general and specific contributions expected; and

(vi) whether the candidate is required to attend appropriate training to

strengthen any specific area of market knowledge/experience
so as to close gaps identified to be lacking.

Page 13 of 46

Explanation for In evaluating any new appointment of senior management, the Bank is
departure guided by the Recruitment Policy where all potential candidates are
given equal opportunity regardless of gender, race, religion and/or
whether or not one has disability. Senior management positions are
awarded based on qualifications, experience and potential.

In general, the assessment and selection of senior management shall
consider the following factors in determining role-profile fit:

(a) skills, knowledge, expertise and industry experience;
(b) past contribution and performance;
(c) character, professionalism and integrity.

Each and every candidate for senior management role is required to go
through a stringent screening process where the competencies and
potential are assessed through a mix of interviews, aptitude test,
competency and or psychometric assessments in order to ensure the
candidate has the right personal profile to be successful in the role.

Pre-employment screening, in line with the Employee Screening Policy
Document issued by BNM, are also performed to determine past
performance track records, conduct, and behaviour of the selected
candidate. In addition, all candidates for senior management roles are
to submit their declaration on Fit and Proper criteria during the selection
process, where it addresses the following areas:

(a) Probity, Personal Integrity and Reputation
(b) Competence and Capability
(c) Financial Integrity

For senior management positions, final approval for hiring will be
obtained from the CEO, on top of the review and approval of Hiring
Manager and/or Division Heads and Human Resources to ensure
hiring decisions are made objectively in the best interests of the Bank
taking into account multiple perspectives and insights. Where required,
Board approval is also obtained for certain roles.

:

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 14 of 46

Intended Outcome
Board decisions are made objectively in the best interests of the company taking into account diverse
perspectives and insights.

Practice 4.5
The board discloses in its annual report the company’s policies on gender diversity, its targets and
measures to meet those targets. For Large Companies, the board must have at least 30% women
directors.

Application : Applied.

Explanation on : The Board currently has eight (8) Directors, of whom three (3) are
application of the women directors.
practice
The Bank has in place a Board Diversity Policy. The Board recognises
the merits of Board diversity in adding value to collective skills,
perspectives and strengths to the Board. The Board will consider
appropriate targets in Board diversity including gender balance on the
Board and will take the necessary measures to meet these targets from
time to time as appropriate. The Board will continue to maintain women
participation on the Board in line with the Malaysian Code on Corporate
Governance.

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 15 of 46

Intended Outcome
Board decisions are made objectively in the best interests of the company taking into account diverse
perspectives and insights.

Practice 4.6
In identifying candidates for appointment of directors, the board does not solely rely on
recommendations from existing board members, management or major shareholders. The board
utilises independent sources to identify suitably qualified candidates.

Application : Applied.

Explanation on : In the search for suitable Board candidates, the Bank maintains a pool
application of the of potential Board candidates from internal and external introductions,
practice recommendations and independent sources with director databases,
including databases for women directors.

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 16 of 46

Intended Outcome
Board decisions are made objectively in the best interests of the company taking into account diverse
perspectives and insights.

Practice 4.7
The Nominating Committee is chaired by an Independent Director or the Senior Independent Director.

Application : Applied.

Explanation on : The NC is chaired by an Independent Non-Executive Director.
application of the
practice

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure :

Timeframe :

Page 17 of 46

Intended Outcome
Stakeholders are able to form an opinion on the overall effectiveness of the board and individual
directors.

Practice 5.1
The board should undertake a formal and objective annual evaluation to determine the effectiveness
of the board, its committees and each individual director. The board should disclose how the
assessment was carried out and its outcome.

For Large Companies, the board engages independent experts periodically to facilitate objective and
candid board evaluations.

Application : Applied

Explanation on : A formal evaluation process has been put in place by the Board and the
application of the NC is delegated the authority to, inter alia, assess the effectiveness of
practice the Board as a whole, the Board Committees and the contribution and
performance of each individual Director on an annual basis (“Annual
Board Assessment”) in conjunction with the annual F&P assessment of
the Chairman, Directors and CEO per BNM Guidelines. The NC will
deliberate on the results of the Annual Board Assessment and submit
its recommendation to the Board for consideration and approval.

Assessment criteria for Board as a whole include, inter alia, the
effectiveness of the Board composition in terms of size and structure
vis-à-vis the complexity, size, scope and operations of the Bank; the
core skills, competencies and experience of the Directors; and the
Board’s integrity, competency, responsibilities and performance. The
assessment criteria for Board Committees include the effectiveness of
the respective Board Committees’ composition in terms of mix of skills,
knowledge and experience to carry out their respective roles and
responsibilities per the Board Committees’ TOR and the contribution of
Board Committees members. Each individual Director is assessed on
inter alia, the effectiveness of his/her competency, expertise and
contributions. The skills, experience, soundness of judgement as well
as contributions towards the development of business strategies and
direction of the Bank and analytical skills to the decision-making
process are also taken into consideration.

The NC will deliberate and present the results of the Annual Board
Assessment to the Board. The results of the assessment form one of
the criteria of the NC’s recommendation to the Board for the re-election,
re-appointment or retention of Directors.

Explanation for :
departure

Large companies are required to complete the columns below. Non-large companies are
encouraged to complete the columns below.

Measure : The Board considers the Board Assessment described above to be
effective for the Bank presently.

Timeframe : The Board may consider
engaging independent experts
for the Annual Board
Assessment as appropriate in
the future.

Page 18 of 46