Bursa Malaysia Among Top 50 ASEAN PLCs, Top Five in Malaysia

KUALA LUMPUR, July 25 (Bernama) -- Bursa Malaysia Bhd has been recognised as one of the top 50 ASEAN Public Listed Companies (PLCs) and among the top five PLCs in Malaysia at the ASEAN Corporate Governance Awards held last night.

In a statement, Bursa Malaysia chief executive officer Datuk Fad’l Mohamed said the recognition reflects the exchange’s enduring leadership and commitment to upholding the highest standards of governance, transparency, and accountability.

“Strong corporate governance is the bedrock of a resilient and trusted capital market. Bursa Malaysia actively champions governance excellence – both within the exchange, and across our ecosystem -- as a key foundation for investor confidence and sustainable economic growth,” he said.

Hosted by Malaysia’s domestic ranking body, the Minority Shareholders Watch Group, the ASEAN Corporate Governance Awards recognise ASEAN PLCs that demonstrate excellence in governance based on the rigorous 2024 ASEAN Corporate Governance Scorecard (ACGS) Regional Assessment.

The event was officiated by Minister of Investment, Trade and Industry, Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

Developed in collaboration with the Asian Development Bank, the ACGS is a regional initiative which is conducted biennially under the ASEAN Capital Markets Forum to assess, enhance, and promote corporate governance among PLCs across six participating ASEAN countries.

It recognises top-performing PLCs with strong governance frameworks and practices aligned with international standards, focusing on transparency, accountability and board effectiveness, while contributing to the ASEAN region’s growth and attractiveness to investors.

-- BERNAMA