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As some global headwinds subside, the environment, social and governance (ESG) space could regain interest among fund managers as a focal investment point.

Domestically, the renewable energy (RE) space is seeing unprecedented rapid development and news flow with clarity emerging on how industry players plan to achieve their net-zero carbon goals while also actively working to attract more foreign direct investments (FDIs) to develop the RE industry.

Timely material information disclosure

Bursa Malaysia Securities recently publicly reprimanded a listed company and imposed fines on some directors for breaches of listing requirements over the Company’s reply to a UMA query on some contracts and acquisitions.

The Company had denied knowledge of the negotiation on proposed acquisitions upon a UMA query from Bursa. This was despite the proposed acquisitions having been approved in principle by the Board two weeks before the UMA query.

Subsequently, approximately two weeks after the UMA response, the Company announced a memorandum of collaboration to undertake contracts and proposed acquisitions.

The responsibilities of being a shareholder

A shareholder is a person, company, or institution that owns at least one share of a company’s stock. Shareholders own the company, and such ownership comes with certain rights and responsibilities.

Amongst all the various stakeholders, shareholders are the most powerful by virtue of having voting rights to determine the performance and future of a company. The clarion call is, therefore, on shareholders to exercise such rights diligently and responsibly. A good start is by attending AGMs and asking pertinent questions of the Board and voting wisely on the tabled resolutions.