Page 10 - Malaysian Code News Today

Securities Commission Malaysia Updates The Malaysian Code On Corporate Governance To Promote Board Leadership And Oversight Of Sustainability Date 28/04/2021 The Securities Commission Malaysia (SC) today issued an update of the Malaysian Code on Corporate Governance (MCCG), which sees the introduction of new best practices and further guidance to strengthen the corporate governance culture of listed companies. The 2021 update focused on, among others, board policies and practices on the...

Corporates need to build momentum on gender diversity in companies’ board — SC 28 Apr 2021 / 17:20 H. Pix for representational purpose only. KUALA LUMPUR: There is a need to keep the momentum going and in fact accelerate progress in terms of gender diversity on the companies’ board, said the Securities Commission Malaysia (SC). “We did not meet the target of 30 percent women on (the companies’) board, by end-2020 — that was the national target set some years back. But we contin...

Easy access: The depressed share prices of public-listed companies due to Covid-19 have technically helped make it easier to carry out M&As. RECENT privatisation attempts which have failed to be completed have raised the issue of whether Malaysia’s takeover code is in need of a revamp. It is understood that some company owners and advisers have been grumbling about the strictness of the current rules. Their argument is that the rules ought to be relooked at considering that the current climat...

Most corporates are genuine in their claims

Published on: Wednesday, December 16, 2020 By: Bernama Text Size: Kuala Lumpur: Fitch Ratings’ downgrade for Malaysia’s credit rating from A- to BBB+ will not stifle efforts towards economic recovery in 2021, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic). “The Budget 2021 initiatives will continue the recovery momentum and are expected to contribute to the gross domestic product (GDP) growth target of between 6.5 per cent to 7.5 per cent next year. “Many have often sa...

Published on: Wednesday, December 16, 2020 By: Bernama Text Size: Kuala Lumpur: Fitch Ratings’ downgrade for Malaysia’s credit rating from A- to BBB+ will not stifle efforts towards economic recovery in 2021, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz (pic). “The Budget 2021 initiatives will continue the recovery momentum and are expected to contribute to the gross domestic product (GDP) growth target of between 6.5 per cent to 7.5 per cent next year. “Many have often sa...

Stating the facts: Zafrul replying to questions in Parliament. — Bernama DESPITE the recent Fitch Ratings downgrade of Malaysia’s sovereign rating, there was no volatility in the country’s stock market, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz. “Since the announcement, there has been no knee-jerk reaction from the market. “In this respect, the FBM KLCI and ringgit remained stable and we recorded a high bid to cover ratio demand of 2.6 times above the value of government MGII (M...

12:15 PM MYT KUALA LUMPUR: There was no "knee-jerk" reaction from the stock market despite Fitch Ratings downgrading Malaysias sovereign debt rating, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz. "Since the announcement, there has been no knee-jerk reaction from the stock market. "In this respect, the FBM KLCI and ringgit remained stable and we recorded a high bid-to-cover ratio demand of 2.6 times above the value of government MGII 10-year bonds offered last week," said the Finance Minister...

Fitch’s downgrade won’t stifle efforts to revive economy in 2021 — Tengku Zafrul 15 Dec 2020 / 12:35 H. Once the economy recovers, efforts to strengthen the country’s economy will continue said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. — Reuters KUALA LUMPUR: Fitch Ratings’ downgrade for Malaysia’s credit rating from A- to BBB+ will not stifle efforts towards economic recovery in 2021, said Finance Minister Tengku Datuk Seri Zafrul Abdul Aziz. “The Budget 2021 i...

Tuesday, 15 Dec 2020 12:01 PM MYT Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz tables Budget 2021 in Parliament November 6, 2020. ― Bernama pic Subscribe to our Telegram channel for the latest updates on news you need to know. KUALA LUMPUR, Dec 15 — Fitch Ratings’ downgrade for Malaysia’s credit rating from A- to BBB+ will not stifle efforts towards economic recovery in 2021, said Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz. “The Budget 2021 initiatives will continue ...