Market Digest
Staff Correspondent
7th March, 2021 11:42:03
Thayaparan Sangarapillai, a Fellow of the Institute of Chartered Accountants in England and Wales, has been appointed as the new Chairman of Robi Board of Directors.
Thaya brings with him over 35 years of experience in providing audit and business advisory services to clients in a wide range of industries. His portfolio of clients include major public listed companies involved in telecommunications, power, automotive, property development and manufacturing sectors, said a press release.
Thaya is also a member of the Malaysian Institute of Certified Public Accountants and the Malaysian Institute of Accountants.
He joined PriceWaterhouse Coopers (PwC) in Kuala Lumpur in 1983. He was a partner in the Assurance Services of PwC Malaysia from 1994 and retired as a senior partner in 2015.
22 Dec 2020 / 23:15 H.
KUALA LUMPUR: The corporate reporting has, at its foundation, the need to keep stakeholders well informed about the company, and about the actions of those to whom they have entrusted the responsibility of managing it, said Bursa Malaysia chairman Tan Sri Abdul Wahid Omar (
pix).
He said there is a clear relationship between trust, reputation and value, and corporate reporting is the link between a company and its investors.
Highlighting the importance of corporate reporting, he said a company could enhance or damage its reputation not only through the way it behaves but also how it reports.
“So, what should be reported and how it is presented must evolve with the changing landscape. Information that companies should provide must be relevant to what stakeholders need and want,“ he said.