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Bursa Malaysia & MAICSA Jointly Organise Nationwide Roadshows On Listing Requirements To Enhance Market Participants? Understanding
BackJun 04, 2007
Bursa Malaysia and MAICSA (the Malaysian Institute of Chartered Secretaries and Administrators) will be conducting a series of joint seminars on a nationwide roadshow entitled ?Updates On Listing Requirements - Issues and Challenges' with the collective aim of increasing market participants' understanding of Bursa Malaysia's Listing Requirements (LR) and enhancing disclosure practices amongst Public Listed Companies (PLCs). The first seminar will be held at the Securities Commission in Kuala Lumpur on 5th June 2007, followed by Kuching, Kota Kinabalu, Johor Bahru, Petaling Jaya and Penang.
The seminars also aim to provide a platform for participants to engage actively with Bursa Malaysia for clarification and feedback on the LR. The exchange will also share LR related case studies and findings on the enforcement of corporate disclosure conduct breaches with participants during the seminar.
"The seminars are part of Bursa Malaysia's continued efforts to engage directly with our market participants on a periodic basis to facilitate greater exchange of feedback and ensure that new introductions and revisions to the LR are understood in their context. This will definitely aid towards gearing our market participants to execute their roles effectively in line with the dynamics of the evolving market scenario and regulatory framework," said Selvarany Rasiah, Chief Legal Officer of Bursa Malaysia.
Selvarany added that the seminar also aims to share the importance of engaging in good Corporate Social Responsibility (CSR) and Investor Relations (IR) practices in order to promote business sustainability, which will add value to the quality of the Malaysian market.
MAICSA President, Akbar Moidunny in his statement thanked Bursa Malaysia for partnering the Institute to disseminate current updates to practitioners, stakeholders and investors.
"This collaboration would allow an opportunity for the Institute's members to gain a better understanding of the Listing Requirements", he said. En Akbar added that with the recent hype on corporate social responsibility, it was timely to have a session from an expert to further define CSR, which was a fundamental duty of every citizen and not just corporations. He also welcomed the presentation on Investor Relations, which would help to promote greater understanding of IR practices.
The Bursa Malaysia-MAICSA roadshow is in line with the exchange's continuous efforts to work with professional bodies to educate and ensure that senior management, company secretaries, and directors are equipped with the relevant tools and knowledge needed to better understand and execute their duties and responsibilities, as this will collectively gear towards promoting a credible and efficient capital market.
The Bursa Malaysia-MAICSA Roadshow will feature the following topics :-
For more information on this roadshow, please visit www.bursamalaysia.com
About Bursa Malaysia Berhad
Bursa Malaysia Berhad is a public company limited by shares under the Companies Act 1965. Bursa Malaysia is an approved exchange holding company under Section 11D of the Securities Industry Act 1983. Other companies in the Bursa Malaysia Bhd Group of companies include a stock exchange, a derivatives exchange, an off-shore international financial exchange, equity and derivatives clearing houses, a central depository, an information services provider and an Information Technology services provider. Bursa Malaysia Securities Berhad, a wholly-owned subsidiary of Bursa Malaysia Berhad, is an approved stock exchange under Section 8 of the Securities Industry Act 1983.
About MAICSA
The Institute of Chartered Secretaries and Administrators (ICSA) is the professional body for Chartered Secretaries and Administrators in the United Kingdom and throughout the world. Formed in 1902, ICSA today has 44,000 members and 28,000 students in over 70 countries. The Malaysian Institute of Chartered Secretaries and Administrators (MAICSA) was founded in 1959 as an affiliate of ICSA. MAICSA is the leading professional body for Chartered Secretaries and Managers in Malaysia. The Government has gazetted MAICSA as a prescribed body under Section 139(A) of the Companies Act 1965. In tandem with its mission of developing good corporate professionals, MAICSA is committed to maintaining the highest standard of integrity and ethical values within the corporate secretarial profession. MAICSA also acts as a change catalyst in the corporate arena, participating actively in the enhancement of corporate governance. It has been championing best practices in Corporate Governance and educating the Malaysian Corporate Sector on its importance. Currently, MAICSA has 4,494 members, 737 affiliates and 2,257 students.
The seminars also aim to provide a platform for participants to engage actively with Bursa Malaysia for clarification and feedback on the LR. The exchange will also share LR related case studies and findings on the enforcement of corporate disclosure conduct breaches with participants during the seminar.
"The seminars are part of Bursa Malaysia's continued efforts to engage directly with our market participants on a periodic basis to facilitate greater exchange of feedback and ensure that new introductions and revisions to the LR are understood in their context. This will definitely aid towards gearing our market participants to execute their roles effectively in line with the dynamics of the evolving market scenario and regulatory framework," said Selvarany Rasiah, Chief Legal Officer of Bursa Malaysia.
Selvarany added that the seminar also aims to share the importance of engaging in good Corporate Social Responsibility (CSR) and Investor Relations (IR) practices in order to promote business sustainability, which will add value to the quality of the Malaysian market.
MAICSA President, Akbar Moidunny in his statement thanked Bursa Malaysia for partnering the Institute to disseminate current updates to practitioners, stakeholders and investors.
"This collaboration would allow an opportunity for the Institute's members to gain a better understanding of the Listing Requirements", he said. En Akbar added that with the recent hype on corporate social responsibility, it was timely to have a session from an expert to further define CSR, which was a fundamental duty of every citizen and not just corporations. He also welcomed the presentation on Investor Relations, which would help to promote greater understanding of IR practices.
The Bursa Malaysia-MAICSA roadshow is in line with the exchange's continuous efforts to work with professional bodies to educate and ensure that senior management, company secretaries, and directors are equipped with the relevant tools and knowledge needed to better understand and execute their duties and responsibilities, as this will collectively gear towards promoting a credible and efficient capital market.
The Bursa Malaysia-MAICSA Roadshow will feature the following topics :-
- Key obligations in relation to transactions: Changes to the Listing Requirements
- Discharge of Disclosure Obligations under the Listing Requirements: Key Observations
- Compliance and Enforcement of the Listing Requirements: Updates and Case Studies
- Insights into Investor Relations
- Corporate Social Responsibility: The Pulse of a Corporation
For more information on this roadshow, please visit www.bursamalaysia.com
About Bursa Malaysia Berhad
Bursa Malaysia Berhad is a public company limited by shares under the Companies Act 1965. Bursa Malaysia is an approved exchange holding company under Section 11D of the Securities Industry Act 1983. Other companies in the Bursa Malaysia Bhd Group of companies include a stock exchange, a derivatives exchange, an off-shore international financial exchange, equity and derivatives clearing houses, a central depository, an information services provider and an Information Technology services provider. Bursa Malaysia Securities Berhad, a wholly-owned subsidiary of Bursa Malaysia Berhad, is an approved stock exchange under Section 8 of the Securities Industry Act 1983.
About MAICSA
The Institute of Chartered Secretaries and Administrators (ICSA) is the professional body for Chartered Secretaries and Administrators in the United Kingdom and throughout the world. Formed in 1902, ICSA today has 44,000 members and 28,000 students in over 70 countries. The Malaysian Institute of Chartered Secretaries and Administrators (MAICSA) was founded in 1959 as an affiliate of ICSA. MAICSA is the leading professional body for Chartered Secretaries and Managers in Malaysia. The Government has gazetted MAICSA as a prescribed body under Section 139(A) of the Companies Act 1965. In tandem with its mission of developing good corporate professionals, MAICSA is committed to maintaining the highest standard of integrity and ethical values within the corporate secretarial profession. MAICSA also acts as a change catalyst in the corporate arena, participating actively in the enhancement of corporate governance. It has been championing best practices in Corporate Governance and educating the Malaysian Corporate Sector on its importance. Currently, MAICSA has 4,494 members, 737 affiliates and 2,257 students.