Good news to minority investors!
Several changes have been made by Securities Commission to the Malaysian Takeovers and Mergers Code, which now requires copanies to adopt a higher level of disclosure and makes independent directors more than just rubber stamps. The SC’s announcement on changes to the Malaysian Takeovers and Mergers Code should enhance transparency and the protection of minority shareholders, indirectly benefits us.
Several changes have been made by Securities Commission to the Malaysian Takeovers and Mergers Code, which now requires copanies to adopt a higher level of disclosure and makes independent directors more than just rubber stamps. The SC’s announcement on changes to the Malaysian Takeovers and Mergers Code should enhance transparency and the protection of minority shareholders, indirectly benefits us.
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