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Lya Rahman of IIC passes away

 

 

Institutional Investors Council Malaysia (IIC) adviser Jamaliah (Lya) Rahman has passed away on 27 December 2022.

Lya was very passionate on corporate governance and shareholder activism matters and had written articles on the subject matter.

She spent 18 years with the Minority Shareholder Watchdog Group (MSWG) and often raised pertinent issues of concern relating to corporate governance and the rights of minority shareholders at the PLCs’ general meetings.

She was the Asean CG Experts representing Malaysia from 2012 until she left MSWG in 2019, and headed the ASEAN CG Assessment for the Malaysian PLCs under the MSWG-Malaysia CG Index Project during her tenure with MSWG.

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2021

30 SEPTEMBER 2021

LISTED EQUITIES: CRAFTING AN ESG INVESTMENT STRATEGY

Delighted to welcome speakers and participants at the inaugural engagement by Malaysia’s Sustainable Investment Platform on the topic of Crafting an ESG Investment Strategy on 30th September. Supported by Capital Markets Malaysia, the Institutional Investors Council Malaysia and the Principles for Responsible Investments this workshop is the first in a series of engagements to build the capacity of Malaysian asset owners and asset managers in the area of sustainable investing.

To confirm your complimentary seat register at https://lnkd.in/gxTmNdUW

 

Conferences

IIC in collaboration with Climate Governance Malaysia will be organising a Webinar on “Making Informed Decisions About Climate Risk” on 3 September 2021 (Friday) at 2:30 pm to 3.50 pm.

Two speakers from S & P Global, Micheal Salvatico and Sannya Joseph will be sharing with us some insights on the following :
o What is climate change scenario analysis?
o How to measure portfolio exposure to climate change related risks both transition and physical risk
o How to measure portfolio alignment to Paris Agreement and a 1.5 Degree world
o How do investors manage portfolio climate risk exposure?
o Why ESG and Climate Resilient indices are more sustainable benchmarks

This will be followed by a Panel Discussion with the following panelists :

o Nurhisham Hussein, Chief Strategy Officer, EP
o Azlan Hussein, Director/Head of Equity, KWAP

A post event has also been arranged exclusively for IIC Members where members are given the opportunity to have conversation with the representatives of S & P Global.

Tentative programme of the webinar is as follows :-

(2:30pm) Welcome Address by Puan Rohaya Mohammad Yusof, Chairman, IIC

(2:35pm) Presentation by Michael Salvatico and Sannya Joseph, S&P Global 

(3:05pm) panel discussion with other key opinion leaders 


Post-event

(3:35pm) S&P Global in Conversation with IIC (20 min) – Q&A

For more details of the programme and registration, please go the following link :

https://www.cgmalaysia.com/event-details/making-informed-decisions-about-climate-risks

 

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2021

CGM-IIC Webinar on “Understanding Investor Expectations for Climate Governance – What We Need To Know and What We Need To Do”

This webinar is intended to embolden directors and boards to embark on the climate-related financial risk reporting journey sooner than later by understanding the national commitments which have been made, increasing expectations from institutional investors and how values can be invoked for action beyond the compelling science and data.

CGM IIC webinar synopsis 11 Feb 2021

For registration, please visit the link below :

https://www.cgmalaysia.com/event-details/understanding-increasing-investor-expectations-for-climate-governance

Company Engagements

In line with one of its strategic priorities to enhance corporate governance in the capital market, the IIC undertakes collective engagements with public listed companies via purposeful dialogue on the oversight of strategy, performance, governance, relations with stakeholders and risk management.

The company engagements are led by the Council Members whereby IIC engages with the board members of the PLCs, including the senior management. The first engagement took place in November 2017, with future company engagements being planned as part of IIC’s activities.

LIST OF COMPANY ENGAGEMENTS

15 april 2021
TOP GLOVE CORPORATION BHD
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
2 april 2021
AMMB HOLDINGS BHD
Issues Discussed
  • Bursa announcement briefing on Proposed Private Placement
  • Goodwill for impairment
  • Rationale for private placement
  • Key considerations of stakeholders
26 march 2021
AMMB HOLDINGS BHD
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
19 november 2020
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
26 august 2020
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
20 december 2019
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
21 october 2019
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
23 august 2019
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
24 APRIL 2019
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
18 MARCH 2019
TELEKOM MALAYSIA BERHAD
Issues Discussed
  • Financial and operational highlights
  • Board governance and leadership
  • ESG initiatives
  • Future direction & prospects of the Group
13 September 2018
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

LIST OF COMPANY ENGAGEMENTS

21 may 2018
sapura energy berhad
Issues Discussed
  • Financial & operational highlights
  • Excess capacity & impairment of rigs
  • Funding requirements for expansion
  • High Group CEO remuneration package
  • Future direction & prospects of the Group
9 Mar 2018
Felda Global Ventures Holdings Berhad
Issues Discussed
  • Board structure and composition
  • Board remuneration
  • Market concerns on LLAs and Golden Share
  • CG practices & whistleblowing policy and procedures
  • Risk management
  • Research and development
  • Impact of legacy issues
  • Issues at listed subsidiary company
  • Future direction & prospects of the Group
10 Nov 2017
Lotte Chemical Titan Holding Berhad
Issues Discussed
  • Concerns on various incidents in 2017
  • Strengthening risk management
  • Compliance with domestic and international environmental laws and standards
  • Better management of communication with analysts and media
  • Public shareholding spread
  • Board’s role to ensure good governance arrangements are put in place