MISC Berhad (“MISC” or “the Company”) observes internationally recognised best practice standards of corporate governance. The Board of Directors (“the Board”), Management and employees of the Company continue to improve the standard of corporate governance practices throughout the MISC Group. As a public listed company on the Main Market of Bursa Malaysia Securities Berhad (“Bursa Securities”), MISC applies the recommendations as set out in the Malaysian Code on Corporate Governance 2012 (“the Code”) and the requirements of the Main Market Listing Requirements of Bursa Securities.
The Board of Directors is guided by the Board Charter in discharging its duties. A copy of the Board Charter is available here.
Terms of Reference of Board Committees
Corporate Disclosure Policy
The MISC Corporate Disclosure Policy (“CDP”) sets out MISC’s policy and procedures for the disclosure of material information to Bursa Malaysia Securities Berhad (“Bursa Securities”), and communication of other relevant material information to the investment community, media and other relevant stakeholders in a timely, consistent and appropriate manner.
The CDP is intended to promote shareholders’ confidence and enhances MISC’s practices that reflect transparency, openness and accessibility. The CDP is also intended to reinforce MISC’s commitment to comply with Malaysian securities’ laws and regulations and Main Market Listing Requirements of Bursa Securities.
It applies to the Board of Directors, Management and employees of MISC Group.
The CDP also defines MISC’s basic corporate disclosure principles as well as the parameters to be observed, control procedures and responsibilities of all parties in MISC Group, including the spokespersons, in making such disclosures.
The CDP was approved by the MISC Board of Directors in August 2016. A copy of the CDP is available here.