Bursa Malaysia released updated corporate governance guide for PLCs

Bursa Malaysia has announced the issuance of an updated Corporate Governance Guide (CG Guide) to provide public listed companies (PLCs) with comprehensive and practical guidance to the various recommended practises under the Malaysian Code on Corporate Governance (MCCG). The MCCG was issued by the Securities Commission on April 28, 2021. “The CG Guide adopts a thematic approach to provide PLCs with a focused view of the Malaysian Code on Corporate Governance, beginning with the board and its responsibilities, addressing audit and risk management matters and then concluding with corporate reporting and relationship management with stakeholders,” the Bourse said in a statement. It said the CG Guide constitutes a key component of the exchange’s comprehensive corporate governance framework for PLCs.