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A total of 618 or 65.3% of listed companies on Bursa Malaysia have an audit committee that comprises solely independent directors as of Aug 31, 2021, the Securities Commission Malaysia (SC) revealed.

KUALA LUMPUR (Nov 24): The detailed disclosure of senior management remuneration on a named basis remained the lowest adoption among practices in the Malaysian Code on Corporate Governance (MCCG), with only 5% or 43 of listed companies on Bursa Malaysia adopting the practice last year, said the Securities Commission Malaysia (SC).