PLCs have, on average, 17% women directors

The assessment excluded companies listed on the LEAP Market, PN17 and GN3 companies, and it used the Asean CG scorecard. In total, 851 PLCs were assessed in 2020.Although there was an increase in women directors on board, 220 of the PLCs had no female board representation, MSWG said

KUALA LUMPUR: Public listed companies (PLCs) have, on average, 17% women directors on their boards in 2020 and this was an increase from the 15% recorded in 2019, according to the Minority Shareholders Watch Group (MSWG) in its latest corporate governance (CG) 2020 assessment.

The assessment excluded companies listed on the LEAP Market, PN17 and GN3 companies, and it used the Asean CG scorecard. In total, 851 PLCs were assessed in 2020.Although there was an increase in women directors on board, 220 of the PLCs had no female board representation, MSWG said.