Bursa Malaysia Publishes Corporate Governance Ratings For PLCs On MyBURSA

KUALA LUMPUR, Jan 22 (Bernama) -- The independently assessed Corporate Governance (CG) Ratings for Public Listed Companies (PLCs) on the Main Market and ACE Market are now published on the MyBURSA platform.

Bursa Malaysia Bhd said the enhancement enables investors and market participants to access each PLC's CG Rating, further advancing market transparency and strengthening the appeal of Malaysian companies.

“The ratings are derived from assessments conducted by the Minority Shareholders Watch Group (MSWG), in its capacity as the Domestic Ranking Body, using the ASEAN Corporate Governance Scorecard (ACGS) methodology,” it said in a statement today.

The methodology is aligned with the G20/Organisation for Economic Cooperation and Development (OECD) Principles of Corporate Governance, and endorsed by the ASEAN Capital Markets Forum (ACMF), enabling investors to compare governance standards across markets in line with international standards and best practices.

Bursa Malaysia chief regulatory officer Julian M. Hashim said investors can now evaluate the governance standards of PLCs alongside other key data points, enabling more holistic risk assessments and long-term value analysis.

“For PLCs, the visibility of CG Ratings serves as a benchmark for continuous improvement and enhances their competitiveness in attracting domestic and global capital.

“By integrating the CG Ratings into MyBURSA, complementing the ESG Ratings already available on the platform, Bursa Malaysia aims to elevate governance standards, encourage continuous improvement among PLCs, and enhance the attractiveness of Malaysia’s capital market to investors through the provision of comprehensive, decision‑useful and comparable information,” he said.

MSWG’s assessment is based on publicly disclosed information, including annual reports,  corporate governance reports, sustainability reports, and other relevant information available in the public domain.

-- BERNAMA