Company Engagements
IIC Strengthens Corporate Governance Through Strategic Engagements with Public Listed Companies
As part of its strategic commitment to strengthening corporate governance within the capital market, the IIC actively engages with public listed companies through focused and meaningful dialogues. These engagements center on key areas such as strategy oversight, performance evaluation, governance practices, stakeholder relations, and risk management.
Led by the Council Members, these initiatives bring together IIC representatives and the board members, as well as senior management of the respective companies, fostering collaborative discussions to drive corporate excellence.
The inaugural engagement took place in November 2017, marking the beginning of a continuous effort by the IIC to promote robust governance practices. Plans for future engagements are underway as part of the organization’s ongoing mission to enhance governance standards across the market.
List Of Company Engagements:
Malayan Banking Berhad
Issues Discussed
- Financial & operational highlights
- Maybank’s sustainability agenda
- Measures to resolve online scams
Top Glove Corporation Berhad
Issues Discussed
- Financial Performance and Track Records
- Proposed Dual Primary Listing on HKEX
- Progress Update on CBP WRO Status
- Workers’ Hostels Improvement
- Corporate Governance
- Independent Directors’ Commitment
- Future direction & prospects of the Group
AMMB Holdings Berhad
Issues Discussed
- Bursa announcement briefing on Proposed Private Placement
- Goodwill for impairment
- Rationale for private placement
- Key considerations of stakeholders
AMMB Holdings Berhad
Issues Discussed
- Global Settlement with MOF Malaysia
- Operations Overview Post BNM moratorium period
- AmBank Group Transformation Programme
- Remediation projects and outcome
- Financials
- Future direction & prospects of the Group
FGV Holdings Berhad
Issues Discussed
- Operations Overview
- Governance & Integrity Framework
- Termination of Land Lease Agreement (LLA)
- Sustainability Highlights
- Withhold Release Order (WRO) issued by US Customs and Border Protection on palm oil and palm oil products by FGV and its subsidiaries and joint ventures
- Governance & board leadership issues at listed subsidiary company
- Proposal from Perspective Land (M) Sdn Bhd to inject plantation assets into FGV
- Future direction & prospects of the Group
Bursa Malaysia Berhad
Issues Discussed
- Financial and operational highlights
- Board governance
- Surveillance on governance of PLCs including fit and proper test on board appointments
- PN17 companies
- Market structure & vibrancy
- Developments in Sustainability Reporting and sustainability practices by PLCs
- Future direction & prospects of the Group
IOI Corporation Berhad
Issues Discussed
- Financial and operational highlights
- RSPO certification
- Transboundary haze issue and management/mitigation plans
- High CEO remuneration
- Gratuity payment
- Future direction & prospects of the Group
Tenaga Nasional Berhad
Issues Discussed
- Financial and operational highlights
- Industry reform under MESI 2.0
- TNB Internal Reorganisation Plan & Transformation Plan
- International portfolios
- Sustainability agenda including plans on renewable energy (RE)
- Whistleblowing policy and implementation
- Future direction & prospects of the Group
IHH Healthcare Berhad
Issues Discussed
- Financial and operational highlights
- Turnaround plan for Fortis Healthcare
- IHH Group’s expansion plans and challenges faced in new markets
- Board diversity and succession planning
- High CEO remuneration
- Status of IHH’s mandatory open offer and material litigation cases
- Future direction & prospects of the Group
Malaysia Airports Holdings Berhad
Issues Discussed
- Financial and operational highlights
- Board diversity and succession planning
- Corporate Integrity Unit and Whistleblowing Policy
- Ongoing major corporate developments, e.g. revised OA, RAB framework, etc.
- Future direction & prospects of the Group
Telekom Malaysia Berhad
Issues Discussed
- Financial and operational highlights
- Board governance and leadership
- ESG initiatives
- Future direction & prospects of the Group
Top Glove Corporation Berhad
Issues Discussed
- Financial and operational highlights
- Acquisition of Aspion Sdn Bhd and ongoing litigation
- ESG initiatives
- Board/ management focus moving forward