Declines in PLCs’ earnings need to be addressed, says Bursa Malaysia chief | Malay Mail

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KUALA LUMPUR, July 7 ― Bursa Malaysia Bhd chairman Tan Sri Abdul Wahid Omar has stressed on the need to address the issue of declining Public Listed Companies’ (PLC) earnings, which experienced a drop of 5.4 per cent between 2015 and 2019. “Although Malaysia stands out as one of the economic...

Tuesday, 07 Jul 2020 02:07 PM MYT

“Although Malaysia stands out as one of the economic success stories in Asia over the past few decades, there is pervasive conversation today that needs to be discussed. “Given the rapid changes that have occurred, moving forward with the status quo now seems somewhat inconceivable. This represented a total shareholder return of 11.1 per cent annually, while other non-GLCs similarly performed well over the same period as reflected in the improvement in the FBM KLCI from 907.43 to 1,692.51 or a Compound annual growth rate of 5.8 per cent per annum over the same period.

 

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