In a statement issued yesterday, the SC said the Cabinet Special Committee on Anti-Corruption (JKKMAR) had approved its recommendation to require listed companies to put in place anti-corruption measures and a framework to promote the effective discharge of directors
PETALING JAYA: The New Securities Commission Malaysia (SC) guidelines outlining the way local real estate investment trusts (REITs) conduct their business will bode well for the industry.
Maybank Investment Bank Research (Maybank IB) said the newly revised guidelines, which take effect from April 9, 2018, allow Malaysian REITs to undertake property development activities that include the acquisition of vacant land.
