All PLCs to have women directors by January 2023

THE government has made it mandatory for all public listed companies (PLCs) on Bursa Malaysia to have at least one woman director.

Finance Minister Datuk Seri Tengku Zafrul Abdul Aziz, in his Budget 2022 presentation, announces that all large-cap companies must have one female director by September 2022, and all other listed companies by January 2023.