Kuala lumpur: The independently assessed Corporate Governance (CG) Ratings for Public Listed Companies (PLCs) on the Main Market and ACE Market have been made available on the MyBURSA platform. This move by Bursa Malaysia Bhd aims to provide investors and market participants with access to each PLC's CG Rating, thereby advancing market transparency and strengthening the appeal of Malaysian companies.

According to BERNAMA News Agency, the ratings are derived from assessments conducted by the Minority Shareholders Watch Group (MSWG) using the ASEAN Corporate Governance Scorecard (ACGS) methodology. This methodology aligns with the G20/Organisation for Economic Cooperation and Development (OECD) Principles of Corporate Governance and is endorsed by the ASEAN Capital Markets Forum (ACMF). This alignment allows investors to compare governance standards across markets with international standards and best practices.

Bursa Malaysia's chief regulatory officer, Julian M. Hashim, emphasized that investors can now evaluate the governance standards of PLCs alongside other key data points, enabling more comprehensive risk assessments and long-term value analysis. He added that for PLCs, the visibility of CG Ratings acts as a benchmark for continuous improvement and enhances their competitiveness in attracting both domestic and global capital.

By integrating the CG Ratings into MyBURSA and complementing the ESG Ratings already available on the platform, Bursa Malaysia aims to elevate governance standards. This integration encourages continuous improvement among PLCs and enhances the attractiveness of Malaysia's capital market to investors through comprehensive, decision-useful, and comparable information.

The MSWG's assessment is based on publicly disclosed information, including annual reports, corporate governance reports, sustainability reports, and other relevant information available in the public domain.