Corporate Governance Strategic Priorities 2017-2020
Securities Commission Malaysia (SC) has, in September 2018, published the Corporate Governance Strategic Priorities 2017-2020, which is the product of an extensive review by the SC on the state of corporate governance of public-listed companies (PLCs) in Malaysia.
The review drew inputs from domestic and international stakeholders, lessons from the past and recent corporate governance failures, and changes in the market structure and business needs. It also took into account the growing need for companies to address the converging interest of corporate citizenship, social and environmental concerns.
Please click here to view the Corporate Governance Strategic Priorities 2017-2020.
Annual General Meeting Corporate Governance Checklist for Shareholders (AGM CG Checklist)
Securities Commission Malaysia (SC) has, on 5 February 2020, published the Annual General Meeting Corporate Governance Checklist for Shareholders (AGM CG Checklist), to promote meaningful dialogue between shareholders and the board of directors at an annual general meetings (AGM) which is one of the deliverables under Paragraph 2.3 of the SC’s Corporate Governance Strategic Priorities (2017-2020) – Promoting Shareholder Activism. The AGM CG Checklist was developed in collaboration with the Institutional Investors Council Malaysia and the Minority Shareholders Watch Group.
The AGM CG Checklist highlights questions for shareholders to consider in preparation for an Annual General Meeting (AGM) and covers primarily issues related to resolutions commonly tabled at AGMs such as the appointment or reappointment of directors, approval of directors’ fees and the appointment of an auditor.
While the AGM CG Checklist was developed for shareholders, other stakeholders such as consumers and potential investors are encouraged to use the checklist to understand and evaluate the performance, policies and practices of companies.
Please click here to view the AGM CG Checklist.