Bursa Malaysia Emphasises Digitalisation And Nation Building For PLCs - 4th And 5th Guidebook In PLC Transformation Programme Launched

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) today launched the final two digital guidebooks under the PLC Transformation programme, aimed at transforming Malaysian PLCs into high-performing organisations. Guidebook 4 “Being Digitally Enabled” highlights the imperatives, opportunities, benefits, and tools for companies to become more digitally enabled. Guidebook 4 focuses on four key areas of being digitally enabled – from Enhancing Customer Experience, Empowering People & Driving Change, Harnessing Operational Efficiencies, to Facilitating Business Model Transformation. Guidebook 5 “Contributing Towards Nation Building” emphasises how businesses can accelerate their growth, while enhancing their value creation to the economy and nation in a myriad of ways. Guidebook 5 illustrates the outcomes that can be amplified when there is alignment of agendas, and/or collaboration between the private and public sector.

“The objective of the PLC Transformation programme is to drive Corporate Malaysia towards greater performance levels and boost the attractiveness of our listed entities,” said Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia. “These last two books are timely. The two-year COVID-19 pandemic demonstrated how digitally enabled and agile businesses not only survived but thrived amid difficult times. Furthermore, in the current period of economic revival, businesses must accelerate efforts for growth. Listed companies should also contribute to nation building in an inclusive manner.”

“The launch of these last two digital guidebooks completes the five PLC Transformation digital guidebook series,” said Datuk Muhamad Umar Swift, CEO of Bursa Malaysia. “We trust that these guidebooks will help our PLCs identify areas for improvement, and step up towards delivering higher performance. Indeed, the Exchange is only as good as the companies that are listed on it.” 

To date, more than 100 PLCs have committed to participate in the PLC Transformation programme. Although the PLC Transformation Programme is not prescriptive, the efforts and progress of these PLCs will be broadly monitored via a digital dashboard for benchmarking and to encourage adoption of best practices.

Since the launch of the programme in March this year, the Exchange has organised numerous webinars and engagements with PLCs, to encourage and assist corporate leaders in their pursuit towards delivering sustainable and robust financial performance. Similar experience sharing or guidance sessions, whereby the programme’s diverse Champions will help nurture or support participating PLCs will continue over the course of the programme, which is till end of year 2025.  

All five digital guidebooks are now available for download on the Bursa Malaysia website, as a resource for all PLCs and even private companies, especially SMEs. The first Guidebook focused on building purpose and performance-driven organisations, the second was on sustainable, socially responsible and ethical practises, and the third guidebook was on strengthening stakeholder management and investor relations.  

For more information about the PLC Transformation Programme, visit www.bursamalaysia.com/reference/public_listed_companies_transformation/overview

or email PLCT@bursamalaysia.com.