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Navigating the Evolving Sustainability Reporting Landscape: The Crucial Role of Internal Audit

The sustainability reporting landscape saw paradigm shifts and transformations in recent years, driven by the increasing demands of diverse stakeholders. These calls resonate with the urgent need for enhanced sustainability practices and more robust, comparable disclosures from listed issuers.

Meanwhile, investors and financial institutions are pressing for greater emphasis on ESG reporting for better and informed investment decision-making.

With that, organisations must acknowledge that effective ESG reporting is built upon a robust system of internal controls. Amid this, internal audits are crucial in providing objective assurance, insights, and guidance to the governing body and management on ESG-related matters.”

Warning Signs in Financial Statements

The importance of financial statements cannot be overstated. It provides a comprehensive snapshot of a company’s financial well-being and performance, unveiling both its strengths and weaknesses.

As the adage goes, the devil is in the details; financial statements harbor indicators that could adversely affect a company. Investors must exercise vigilance when these warning signs emerge in their invested companies. Critical analysis of financial statements, including multi-year data comparisons within the industry, is imperative for informed and timely decision-making.

Disclosures such as meeting minutes can provide insights into shareholder concerns and management strategies to address emerging issues. By staying proactive and informed, stakeholders can mitigate risks and safeguard their investment portfolios effectively.

Pre-Emptive Right Waivers – A Call for Informed Decision-Making

Following the Court of Appeal’s ruling in Concrete Parade Sdn Bhd v. Apex Equity Holdings Berhad & Ors [2021], it becomes imperative to apprise shareholders of the potential risks of granting blanket approval for pre-emptive right waivers through changes to the company constitution.

As of today, while awaiting the Federal Court’s ruling on an appeal on Concrete Parade v. Apex Equity & Ors [2021], MSWG will vote against any blanket approval to waive shareholders’ pre-emptive rights through an amendment to the company’s constitution

Cultivating a Proper Investment Mindset: Navigating the Stock Market with Wisdom

In the ever-changing financial markets, cultivating a proper investment mindset is the key to successful investing. Market fluctuations, sentiment, information overload, speculation, and uncertainties make investing complex and challenging. By fostering a proper investment mindset, patience, and emotional management, investors can better navigate market volatility and achieve long-term financial goals. Remember, investing is a marathon, not a sprint, and only by maintaining a proper mindset can one go further on the investment journey.

Cultivating a Proper Investment Mindset: Navigating the Stock Market with Wisdom

In the ever-changing financial markets, cultivating a proper investment mindset is the key to successful investing. Market fluctuations, sentiment, information overload, speculation, and uncertainties make investing complex and challenging. By fostering a proper investment mindset, patience, and emotional management, investors can better navigate market volatility and achieve long-term financial goals. Remember, investing is a marathon, not a sprint, and only by maintaining a proper mindset can one go further on the investment journey.