When contacted, Advancecon group chief executive officer Datuk Phum Ang Kia said it was unable to give a new date for the prospectus launch at this juncture, pending queries from the SC.
JOHOR BARU: The Securities Commission (SC) wants to engage with more non-public listed companies including state-owned enterprises to encourage them to adopt the Malaysian Code on Corporate Governance (MCCG) practices.
According to Securities Industry Development Corp (SIDC) director Salleh Hassan, by applying the practices, these companies could enhance their accountability, transparency and sustainability.
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