vimarsana.com

Page 2 - சிறுபான்மை பங்குதாரர்கள் வாட்ச் குழு News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Quick take: Serba Dinamik hits limit-down again

MSWG tells Serba Dinamik s shareholders to vote against attempts to remove auditors

Greater emphasis on board appointments in revised corporate governance code

Greater emphasis on board appointments in revised corporate governance code The Edge 12/5/2021 Supriya Surendran © Provided by The Edge THE Securities Commission ­Malaysia’s (SC) latest update of the Malaysian Code on Corporate Governance (MCCG) places greater emphasis on good corporate governance and board leadership, especially as companies navigate a prolonged post-pandemic recovery period. For one, the MCCG addresses issues relating to the reappointment of long-serving independent directors, which remain a concern. As at March 31, 434 independent directors serving on boards of Malaysian public-listed companies (PLCs) had tenures of more than 12 years, out of which 49 had served on the same board for more than 20 years.

Is takeover code ripe for a change?

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 climate needs more merger and acquisition (M&A) activities to build stronger companies to emerge from the Covid-19 doldrums.

© 2025 Vimarsana

vimarsana © 2020. All Rights Reserved.