A Foreigner’s Route To A Petronas Licence
Following on from Bursa Malaysia’s continuous efforts to promote high standards of disclosure amongst listed companies, statements in the form of a Management Discussion & Analysis (MD&A) have been made mandatory in the Annual Reports of listed companies.
Widely expected to replace the Chairman’s Statement, though companies may still retain the Chairman’s message in addition to the MD&A, it will apply to all listed companies from Financial Year 31 December 2016.
FTCC is pleased to share a graphical overview of the requirements of the MD&A and the Principles underlying the requirements.
With more than a decade of authoring Annual Reports for listed companies, FTCC has the necessary capabilities and experience to advise and assist with this new requirement. Please contact us at finton@ftcc.com.my and we would be glad to assist.
For more insights on contractual, compliance and reputational risk management solutions, general counsel services, corporate governance and training, please visit FTCC at www.ftcc.com.my or email queries or comments to info@ftcc.com.my.
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