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

23 OCTOBER 2023
PETRONAS DAGANGAN BERHAD AND PETRONAS GAS BERHAD
Issues Discussed
  • Financial & operational highlights
  • Net zero emission target
  • Committed to upholding high standards of CG
  • Continued value creation with SMEs
27 SEPTEMBER 2023
TENAGA NASIONAL BERHAD
Issues Discussed
  • Expansion of EV charging facilities
  • TNB roles in NETR
  • Reduced usage of coal in PP
  • ESG and sustainability journey
14 SEPTEMBER 2023
PETRONAS CHEMICALS BERHAD
Issues Discussed
  • Financial & operational highlights
  • Governance and sustainability
  • Growth aspirations, approach and execution
  • Sustainability risks
  • Future direction & prospects of the Group
16 AUGUST 2023
AMMB HOLDINGS BERHAD
Issues Discussed
  • Financial & operational highlights
  • Net zero ambition 2050
  • Focus on green financing
31 JANUARY 2023
MALAYAN BANKING BERHAD
Issues Discussed
  • Financial & operational highlights
  • Maybank’s sustainability agenda
  • Measures to resolve online scams
15 april 2021
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
2 april 2021
AMMB HOLDINGS BERHAD
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 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
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