Malaysia launches landmark investor code
Malaysia is the first Asean country to develop a best-practice code for institutional investors. AsianInvestor spoke to its Securities Commission and industry players about the move.
Malaysia has become the first Southeast Asian country – and the second both in Asia and among emerging markets – to issue a code for institutional investors aimed at improving corporate governance (CG) among their portfolio companies.
There is substantial weight behind the code, which is supported by the Securities Commission Malaysia (SCM) and was drafted by the biggest investors in the country. These include the $185 billion Employees Provident Fund, Permodalan Nasional Berhad, …
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