Stakeholders give the business practical and financial support and sometimes a lot of

grief and they all have a vested interest in the company’s success. However, of the two
types of stakeholders, internal stakeholders are arguably more committed. That’s because
internal stakeholders in business are those who are involved in the inner working of the
company. Managing the internal stakeholders of a company involves making sure they
are engaged in the company’s goals, enjoying the company’s culture and feel like an
important part of the team. These factors increase internal stakeholders feel valued. This
often begins by simply understanding their position when a project will affect them,
rather than blindsiding them with changes without consulting them first.
The first internal stakeholder in MSM Malaysia is employees. Anyone who contributes
to the company’s internal functions can be considered an internal stakeholder. Employees
play an important role in deciding the culture of the workplace. Their behavior, attitude
and interest at the workplace form the culture. The thought process and assumptions of
the members of the organization contribute to its culture. A motivated and a satisfied
employee would promote a healthy culture at the workplace as compared to a
demotivated employee. The roles and responsibility are delegated as per the interest and
specialization of the employees and thus each one tries hard to perform better than the
fellow workers.
The next internal stakeholder of MSM Malaysia is shareholders. FGV Sugar SDN BHD
holds 40.03% and have 281,369,800 of shares held. The next is FGV Holdings Berhad
have the no of shares held of 77,150,248 and holds 10.97%. Koperasi Permodalan
FELDA Malaysia Berhad holds 9.43% and have 66,305,852 of shares held. In the other
hand, Amanahraya Trustees Berhad Amanah Saham Bumiputera holds 7.49% and have
52,654,500 of shares held. 41,088,100 of shares held belong to Koperasi Permodalan
FELDA Malaysia Berhad. This company holds 5.84% in the shares. HSBC Nominees
(Asing) SDN BHD J.P. Morgan Securities PLC holds 2.06% and have the no of shares
held of 14,491,200. Amanahraya Trustees Berhad Amanah Saham Malaysia have
8,260,200 of shares held and holds 1.18% in the shares. The other 25.06% of share held
by other shareholders.
Shareholders are the owners of the company and provide financial backing in return for
potential dividends over the lifetime of the company. Shareholders doesn’t manage the
day-to-day business of the company as this is handled by the board of directors.
However, decision in relation to the company’s goals and overall performance often
require shareholder approval, which include changes to the constitution of the company,
declaring a dividend, approving the financial statements of the company, and winding up
of the company by way of voluntary liquidation. Shareholders’ decision can be made by
resolution or at general meetings, where shareholders discuss the company’s performance
and vote on relevant resolutions. Though it is not possible for shareholders to amend
decision made by directors or interfere with the running of the company, they can
convene a general meeting and raise a motion to remove a director, or the full board, or
they can amend the articles to restrict the director’s powers.