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Securities Commission Malaysia: Only Fully Virtual General Meetings To Be Conducted In States Subject To Conditional Movement Control Order (CMCO)

Date 14/10/2020

The Securities Commission Malaysia today issued an update of the Guidance Note on the Conduct of General Meetings for Listed Issuers (Guidance Note) in line with the Conditional Movement Control Order (CMCO) which takes effect in Sabah, Selangor, Wilayah Persekutuan Kuala Lumpur and Putrajaya from 13 to 27 October 2020. The Guidance Note highlights that a general meeting conducted in states or districts under CMCO shall be conducted in a fully virtual manner only, where all shareholders participate in the meeting online.

The Guidance Note is applicable for all issuers listed on Bursa Malaysia Securities Berhad. For more details, refer to the Guidance Note which can be downloaded from  https://www.sc.com.my/regulation/corporate-governance and queries can be directed to AGM@seccom.com.my.