English

MSWG FORUM ON GOLDEN PALM GROWERS SCHEME

MSWG received several complaints on Golden Palm Growers Scheme (“Scheme”) as the growers are unhappy with the development of the Scheme. We are pleased to inform that MSWG will be holding a forum to facilitate the discussion on the issues on the Scheme and wish to invite all affected growers to this forum, which will be held as follows:

08 September 2017

VOICE OF MSWG

BURSA MALAYSIA CONSULTATION PAPER NO. 3/2017: MORE OVERSIGHT, MORE TRANSPARENCY

Bursa Malaysia is seeking public feedback on several proposed amendments to its Listing Requirements (LR) for both Main and ACE Market-listed companies.

The intention is to further align these protocols with the new Malaysian Code on Corporate Governance (MCCG) that had been issued by the Securities Commission (SC) in April 2017.

At the time, the SC had amended the CG rulebook to include within the MCCG a slew of fresh measures such as the Comprehend, Apply and Report (CARE) approach, shifting the onus from “comply or explain” to “apply or explain an alternative”, and the adoption of a differentiated and proportionate approach for listed issuers with differing size and complexity.

There was also greater emphasis on focus and clarity on intended outcomes rather than box-ticking and the introduction of ‘Step Up’ practices to encourage companies to go further in achieving corporate excellence.