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Weekly Watch June 19 - 23, 2023 Part 1
MSWG Weekly Newsletter 16 June 2023 (English)
In Malaysia, minority shareholders of public listed companies (PLCs) comprise individuals, organisations, and institutions that own a non-majority voting power stake.
A minority shareholder is not necessarily a retail shareholder who comprises the ‘moms and pops’. Why, even an institutional shareholder holding a minority stake is technically a minority shareholder.
The following are the three fundamental rights of all shareholders:
- Right to seek information
- Right to raise and present views
- Right to seek redress