Code to boost corporate governance


From left: Kumpulan Wang Persaraan (KWAP) chief executive officer Wan Kamaruzaman Wan Ahmad, Permodalan Nasional Bhd chief strategy officer Datin Paduka Kartini Hj Abdul Manaf, Employees Provident Fund (EPF) chief executive officer, Datuk Shahril Ridza Ridzuan, Lembaga Tabung Angkatan Tentera (LTAT) chief executive Tan Sri Lodin Wok Kamaruddin, Securities Commission chairman Datuk Ranjit Ajit Singh, Minority Shareholder Watchdog Group (MSWG) chairman Tan Sri Dr Sulaiman Mahbob, Securities Commission deputy chief executive Datuk Dr Nik Ramlah Mahmood and Minority Shareholder Watchdog Group (MSWG) chief executive officer Rita Benoy Bushon at the launch of Malaysian Code for Institutional Investors.

KUALA LUMPUR: The newly-launched Malaysian Code for Institutional Investors by the Securities Commission (SC) and the Minority Shareholder Watchdog (MSWG) aims to promote greater corporate governance and best practices.

The code is essentially a set of best practices collectively developed by Malaysia’s largest institutional investors, namely the Employees Provident Fund, Permodalan Nasional Bhd, Kumpulan Wang Persaraan, Social Security Organisation, Lembaga Tabung Angkatan Tentera and Lembaga Tabung Haji.

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Business , Securities Commission , MSWG

   

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