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Market sentiment has seen a roller coaster ride over the past few days. After a massive selloff during the onset of the five-day political impasse since GE15, Bursa Malaysia rebounded strongly last Thursday with a 4% jump to 1501.88 points, shortly after Datuk Seri Anwar Ibrahim was named Malaysia’s 10^th Prime Minister. The rally has again proved that markets thrive on certainty and clarity.”

The whole of Malaysia is gearing up for GE15 on 19 Nov 2022, in which Malaysians will cast their votes to elect the new MPs and subsequently see the formation of a new government for the next five years.

For now, markets have come out with different predictions and plausible outcomes. Whatever the outcome, capital markets thrive on certainty and predictability. Investors, both local and foreign, also prefer the certainty and predictability of policies. Minority shareholders would have made their informed investment decisions.

Amidst the COVID-19 pandemic, restrictions imposed by governments globally in handling the COVID-19 outbreak have brought significant challenges to corporate governance (CG).

Notwithstanding these daunting challenges, local PLCs continue to make strides in improving their CG practices and reporting in annual reports