SC asks PLCs to transition back to holding physical, hybrid shareholder meetings

Securities Commission Malaysia building at Kuala Lumpur.

KUALA LUMPUR: The Securities Commission Malaysia (SC) is undertaking a review of practices by Malaysian public-listed companies (PLCs) in managing the annual general meeting.

Executive chairman Datuk Mohammad Faiz Azmi said the review found that many general shareholder meetings are still being held in a fully virtual format both by the Main Board and ACE companies.