New guidelines for GLICs will help ensure directors are qualified, says Zafrul


PUTRAJAYA: The Principles on Good Governance (PGG) will ensure only qualified individuals are appointed as directors in government-linked investment companies (GLIC) and make GLICs better prepared to adopt environmental, social and governance (ESG) elements in their investment strategies, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

The Finance Minister said that the PGG would be the sole reference to governance baseline and sustainability practices for all GLIC.

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