KUALA LUMPUR: The Securities Commission has today released the Annual General Meeting Corporate Governance Checklist for shareholders to promote meaningful dialogue between shareholders and board of directors at annual general meetings (AGM). The checklist was developed in collaboration with the Institutional Investors Council Malaysia and the Minority Shareholders Watch Group. The SC said AGMs are important platforms for directors and senior management to engage shareholders to facilitate greater understanding of the company’s business, governance and performance. He added that the checklist related primarily to resolutions commonly tabled at AGMs such as the appointment of directors, approval of director’s fees and the appointment of auditors. Although the checklist was developed for shareholders, SC said other stakeholders including consumers and potential investors are encouraged to use the checklist to understand and evaluate the performance, policies and practices of companies.

Source: New Strait Times February 05, 2020 06:22 UTC