‘Petronas, May­bank rank high in dis­clo­sure level’

New Straits Times - - Business -

KUALA LUMPUR: Petronas Gas Bhd, Petronas Da­gan­gan Bhd, Petronas Chem­i­cals Group Bhd, Malayan Bank­ing Bhd (May­bank), Sime Darby Bhd, Top Glove Corp Bhd and Sun­way Con­struc­tion Group Bhd are among public-listed com­pa­nies with high dis­clo­sure and trans­parency lev­els, said the Malaysian In­sti­tute of Cor­po­rate Gov­er­nance (MICG).

Its pres­i­dent Datuk Yusli Mo­hamed Yu­soff said MICG with the sup­port of the Min­is­ter in the Prime Min­is­ter’s Depart­ment re­spon­si­ble for gov­er­nance, in­tegrity and hu­man rights, pre­sented its in­au­gu­ral as­sess­ment on the trans­parency of cor­po­rate re­port­ing by top 100 Malaysian public-listed com­pa­nies.

“The re­port mea­sures avail­abil­ity of pub­licly-ac­ces­si­ble in­for­ma­tion on a firm based on three cri­te­ria, in­clud­ing its anti-cor­rup­tion pro­gramme, or­gan­i­sa­tional trans­parency and sus­tain­abil­ity,” he said af­ter launch­ing the in­au­gu­ral as­sess­ment on “Trans­parency in Cor­po­rate Re­port­ing — As­sess­ing Malaysia’s Top 100 Public Listed Com­pa­nies”, here, yes­ter­day.

Yusli said cor­po­rate gov­er­nance stan­dards play a piv­otal role in pro­mot­ing trust and ac­count­abil­ity in the cap­i­tal mar­ket.

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