We review OPTIMAX's ESG matters post the release of its FY23 Annual and Corporate Governance Reports. Our ESG score for OPTIMAX is revised to 54 (out of 100) vs. 52 previously, above average. We see more tangible disclosures on its Environmental ("E") and Social ("S") parameters. Where we think OPTIMAX can improve further is its GHG emission disclosures, governance matters, and commitments to net zero/carbon neutrality/ sustainability targets. BUY with a MYR0.87 DCF-TP (ke: 10.5%; LTG: 3%).