Posts Categorized as 'Corporate Governance'

Thursday, May 29th, 2008

Datuk Yeo How’s Resignation From IOI Group

Recently, in the press, there was this interesting article on IOI Corp Bhd where Credit Suisse Research said in a note to clients that IOI Corp’s valuation premium was affected on concerns over Yeo How’s departure
“Credit Suisse Research said the “delicate balance” between executive chairman Tan Sri Lee Shin Cheng’s entrepreneurship and Yeo’s good capital […]

Friday, October 19th, 2007

MSWG Holds Stakes In 232 listed companies

The Minority Shareholders Watchdog Group (MSWG) had stakes in 232 public-listed companies at the end of August, giving the body with the locus standi to attend shareholders’ meeting to protect minority interest.
MSWG chief executive officer Abdul Wahab Jaafar Sidek said:-
·       the group had taken proactive action by buying shares in certain listed companies so that it […]

Wednesday, October 17th, 2007

Khazanah Among World’s Largest ‘Transparent’ State-Owned Funds

According to a report by Standard Chartered Bank (StanChart) Global Research:

Khazanah Nasional Bhd is among the top 20 sovereign wealth funds (SWFs) in the world which are also considered as “transparent.
The report entitled “State Capitalism: The Rise of Sovereign Wealth Funds” listed Khazanah as the 12th largest SWF in the world with estimated assets of […]

Thursday, October 4th, 2007

SC Asks Talam To Reissue Its Financial Statements

The Securities Commission (SC) has directed Talam Corp Bhd to reissue its financial statements for 2006 and 2007 by Oct 31.  Talam is the third to be asked to do so after Aktif Lifestyle Corp Bhd ( May 4, 2005) and Oilcorp Bhd ( March 24, 2005)  
Details:

The reason for doing is that Talam has breached […]

Wednesday, October 3rd, 2007

Detailed Disclosure Of Directors’ pay

MSWG chief executive officer, Abdul Wahab Jaafar Sidek said companies should be committed to transparency and not merely comply with the code. This is despite that at the Directors’ Remuneration Survey 2007, it was found that overall compliance with the Malaysian Code on Corporate Governance had been generally satisfactory. [This survey is a joint effort […]