New guidelines for GLICs will help ensure directors are qualified, says Zafrul


PUTRAJAYA: The Principles on Good Governance (PGG) will ensure only qualified individuals are appointed as directors in government-linked investment companies (GLIC) and make GLICs better prepared to adopt environmental, social and governance (ESG) elements in their investment strategies, says Tengku Datuk Seri Zafrul Tengku Abdul Aziz.

The Finance Minister said that the PGG would be the sole reference to governance baseline and sustainability practices for all GLIC.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
   

Next In Nation

Safety concerns spark calls for quality checks on retreaded tyres for heavy vehicles
MIC to hold prayers at Batu Caves in solidarity with Najib
Stop politicising Najib's pardon issue, says Khaled Nordin
Cops record statements from 15 so far over deaths after Pinkfish concert
Manager loses over RM150,000 in fake investment scheme
MyBorderPass registration needed before using QR code Immigration clearance at KLIA
Police seeking help of public to find teen missing in Genting Highlands
Two dead, two seriously hurt after car plunges into ravine
NGOs to bring 5,000 members to Najib solidarity gathering
Teen girl remanded three days for stabbing aunt

Others Also Read