SC urges listed companies to conduct AGMs physically or in hybrid mode

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KUALA LUMPUR: Securities Commission Malaysia (SC) is assessing how public listed companies in the country are handling their annual general meetings, ...

Securities Commission Malaysia is assessing how public listed companies in the country are handling their annual general meetings, said chairman Datuk Mohd Faiz Azmi.

“Although fully virtual meetings were necessary during the Covid-19 pandemic, it is now time for these companies to start moving towards holding physical or hybrid meetings,” he remarked in his speech at the Securities Industry Development Corporation Business Foresight Forum today. He referred to Capital Market Masterplan 3, introduced in 2021, which emphasises the need to foster an environment that supports MSME growth.

The expansion can be realised by enhancing access to financing and diversifying financing options, including the creation of new and specialised capital market products that simplify the funding process for MSMEs, he said.

 

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