JOINT PRESS RELEASE
Kuala Lumpur, 5 June 2009
SC-Bursa Malaysia join hands to advance corporate governance agenda
First ever CG Week in Malaysia to kick off on 8 June 2009
The Securities Commission Malaysia (SC) and Bursa Malaysia Securities Berhad (Bursa Malaysia) will hold for the first time Malaysia’s Corporate Governance Week in a major initiative to advance the country’s CG agenda by reinforcing the importance of good governance among capital market practitioners.
The SC Chairman, Dato’ Sri Zarinah Anwar, will be officiating the inaugural CG Week. She will also join Chairman of Bursa Malaysia, Tun Mohamed Dzaiddin Bin Haji Abdullah in launching Bursa Malaysia’s guide on CG best practices as well as the enhanced Regulation section of the Bursa Malaysia website.
The CG Week will feature a series of insightful discussions, forums and plenary sessions to deliberate on various key CG issues. Participating organisations include the Minority Shareholders Watchdog Group (MSWG), Association of Chartered Certified Accountants (ACCA), Malaysian Alliance of Corporate Directors (MACD), Malaysian Institute of Chartered Secretaries and Administrators (MAICSA), Malaysian Institute of Integrity, Malaysian Institute of Accountants (MIA), Institute of Internal Auditors Malaysia (IIAM) and Malaysian Institute of Corporate Governance (MICG).
Among the topics to be covered are ‘The Role of Market Players in Influencing Good CG Practices amongst PLCs’, ‘Governance and Sustainability Reporting: Is there a link?’, ‘Raising the Bar for Corporate Directors Toward Global Competitiveness’, ‘Company Secretary’s Role Towards Governance’ and many more.
Dato’ Sri Zarinah said that the CG Week, which is being held in such form for the first time in Malaysia, underlines the strong commitment by the SC, Bursa Malaysia and other CG advocates and proponents in propelling the CG agenda forward.
“In today’s environment, companies are increasingly being judged by consumers, investors, and the community on their perceived corporate morality. Good corporate governance is a proxy to the world regarding the quality of the board and management of the company. It demonstrates commitment to creating enhanced shareholder value.” Dato’ Sri Zarinah said.
“The CG Week will see participation of various industry experts who will share their ideas with directors and stakeholders on current issues and challenges relating to CG. We see this as an avenue to cast greater highlight on the significance of CG for sustainable business practices which bodes well for market integrity,” said Dato’ Yusli Mohamed Yusoff, Chief Executive Officer of Bursa Malaysia.
Participation at the week-long events is by registration only. To register, please contact:
Corporate Governance Department, Bursa Malaysia Berhad
Ms. Rosmawati Hashim – 03-2034 7607
Ms. Aliza Abdullah – 03-2034 7303
Fax: 03-2732 6122/1123
SECURITIES COMMISSION MALAYSIA and BURSA MALAYSIA SECURITIES BERHAD