Bursa Malaysias Approach on Corporate Governance By SELVARANY

"Bursa Malaysia's Approach on Corporate Governance" By: SELVARANY RASIAH Chief Regulatory Officer 24 May 2010

Our Approach towards Enhancing Corporate Governance of PLCs including listed SOEs Developmen t Education 5 Pronged Approac h Enforceme nt Monitoring & Surveillanc e Engagement 2

OUR CG APPROACH - Development of Guidance, Frameworks, Rules & Best Practices Publication of activities through media & websites Identification of Key Governance Issues & Rolling Out of Activities 3

OUR CG APPROACH - Engagements (Cont’d) PLCS & Boards of Directors International CG Ratings Shareholders involvement & Rights 4

OUR CG APPROACH (Cont’d) Surveillance of PLCs Monitoring & Surveillance CG Compliance Review Engagement with boards of listed issuers Identify & deal with specific CG issues

OUR CG APPROACH (Cont’d) PLCs Directors Enforcement Advisors Sponsors

OUR CG APPROACH (Cont’d) CG Guide Education CG Conference / Seminars CG Week CG Evening Talks

Collaborative approach in the promotion & enhancement of CG Regulators - Provides the impetus in promoting high CG standards in Malaysia (Carrot & Stick) Shareholders must take responsibility for their investment by exhorting their CG expectations on their investee companies Directors - Inculcate the right mindset & embrace CG in substance Strong industry associations for the promotion of CG Intermediaries & Advisors – Aid directors & companies in enhancing shareholder value

THANK YOU