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2009 NEWS AND COMMENTARIES BY MSWG AND NEWSPAPERS

Date Title
23 February 2009 IOI Prop Minorities: Give in or hold out?
21 February 2009 More scrutinity on RPTs in times of crisis
9 January 2009 Press Briefing by the New Chief Executive Officer
2008 NEWS AND COMMENTARIES BY MSWG AND NEWSPAPERS

Date Title
31 December 2008 Final Press Briefing by the Outgoing Chief Executive Officer
30 December 2008 MSWG Organised a Dialogue with the Retail Shareholders
15 December 2008 MSWG Organised a Dialogue with the Institutional Shareholders/Professional Bodies/Tertiary Educational Institutions/Media
11 December 2008 MSWG Organised a Seminar on “Understanding the Implications and the Market Trends During the Current Financial Meltdown and Credit Crunch”
26 November 2008 MSWG Launched Its “Corporate Governance Survey 2008”
18 November 2008 Fifth Press Briefing by MSWG in 2008
15 September 2008 Special Press Conference : Maybank - A Tiger Caged In RM8.8 Billion Indonesian Jungle
11 September 2008 Special Press Conference : Conditional Mandatory Takeover of Harrisons Holdings (Malaysia) Berhad
7 September 2008 MSWG Participated as a Speaker and Set Up a Booth at the National Investors Symposium 2008
28 August 2008 MSWG Set Up a Booth at the Annual General Meeting of Proton Holdings Berhad
26 August 2008 MSWG Set Up a Booth at the Annual/Extraordinary General Meeting of IJM Corporation Berhad
18 August 2008 MSWG Set Up a Booth at the Extraordinary General Meeting of UEM World Berhad
16 August 2008 MSWG Set up a Booth at the HPair 2008 Business Conference
12 August 2008 MSWG Set Up a Booth at the Annual General Meeting of Bolton Berhad
8 August 2008 MSWG Set Up a Booth at the Extraordinary General Meeting of Kumpulan Hartanah Selangor Berhad
6 August 2008 MSWG Launched Its “Shareholdings Analysis Report 1997-2006 & Dividend Survey 2007”
1 August 2008 MSWG Set up a Booth at the Extraordinary General Meeting of TM International Berhad
30 July 2008 MSWG Set up a Booth at the Annual General Meeting of Alliance Financial Group Berhad
26-27 July 2008 MSWG Set up a Booth at the “Acountancy : Career & Education Fair (ACEF) 2008”
24 July 2008 Second Press Briefing by MSWG in 2008
24 July 2008 MSWG Set up a Booth at the Annual General Meeting of Petronas Dagangan Berhad
23 July 2008 MSWG Organised a Seminar on “Getting Behind The Figures”
21 July 2008 MSWG Set up a Booth at the Malaysian Business - CIMA Enterprise Governance Award 2008
16 July 2008 MSWG Set up a Booth at the “Audit, Internal Control & Compliance Conference 2008 - Effective Audit Department the Way Forward”
11 July 2008 MSWG Set up a Booth at the Extraodinary General Meeting of Bumiputra-Commerce Holdings Berhad
30 June 2008 MSWG Organised a Seminar on “Getting Behind The Figures”
28 May 2008 MSWG Organised a Workshop on “How to Read, Analyse and Interpret Annual Report and Financial Statements” (Basic Level)
17 April 2008 MSWG Organised a Workshop for Retail Shareholders on “Profitability, Liquidity & Insolvency – How to Analyse and Interpret Them for Making Right Investment”
17 April 2008 MSWG Launched the Company Meetings Survey 2007 and Subscriber Services
7 April 2008 First Press Briefing by MSWG in 2008
2007 NEWS AND COMMENTARIES BY MSWG AND NEWSPAPERS

Date Title
5 Dec 2007 Financial Reporting - Raising The Bar For Directors
22 Nov 2007 SC’s Enforcement Actions - Enhancing Corporate Responsibility and Accountability
9 Oct 2007 The Revised Code on Corporate Governance Rewriting the Rules on Audit Committee and Financial Reporting
1 Oct 2007 MSWG Comments on Securities Commission’s RM2.5 Million Restitution Suit Against FTEC Resources Managing Director
26 July 2007 Transmile Fiasco MSWG Intrigued By Deloitte Statements.
23 July 2007 Ayer Molek - Case for Deferment of De-Listing.
16 July 2007 MSWG Comments on Securities Commission (SC) Charges on Three Former Executives at Transmile.
1 July 2007 What They Say. How Do We Tackle White-collar Crime and Corporate Fraud? Are there Enough Safeguards in Place?
18 June 2007 How Shareholder’s Rights Can be Protected (Oriental Daily).
16 June 2007 A Cargo of Dubious Results.
13 June 2007 Wake-Up Call for Malaysia’s Corporate Governance Team.
2 June 2007 Credibility Quagmire
29 May 2007 MSWG Comments on MP Technology Resources Berhad (MP Tech or The Company)’s Mismanagement by Previous Management of The Group’s and The Company’s Affairs.
24 May 2007 Making Minorities Heard.
19 May 2007 Corporate Performance and Conformance? - Synergy Drive Should Lead the Way.
20 April 2007 MSWG Comments On

(1) Securities Commission (SC)’s Prosecution Against Two (2) Directors and Co-Founders of GP Ocean Food Berhad for Submission of Misleading Information and

(2) NasionCom Challenges SC in Court and SC Likely To Fight NasionCom
(NSTP, Business Times on 19 and 20 April 2007 respectively)
19 April 2007 MSWG Comments on Submission of Misleading Information by Two Directors of GP Ocean Food Berhad
2 March 2007 Minority Shareholders - How to Protect and Exert your Rights
16 February 2007 MSWG Applauds Public Reprimand against NasionCom
2006 NEWS AND COMMENTARIES BY MSWG AND NEWSPAPERS

Date Title
22 December 2006 AGM of FCW Holdings Berhad – Is This The Way To Credibility and Sustainability
21 December 2006 MSWG Applauds Effective Enforcement
18 December 2006 A Rising Voice and Power - The Vociferous Minorities At The Annual General Meeting of Malton Berhad on Saturday, 15 December 2006
16 November 2006 Competitive Bidding: The Way Forward
16 November 2006 BNM Benar Rundingan Serentak: Langkah Ke Hadapan
1 November 2006 Allaying the Fears of Minorities
3 November 2006 MSWG Response on Minority Shareholders’ Objections Against “The Proposal by Corporate Line (M) Sdn Bhd (Corporate Line) and Parties Acting in Concert for Exemption of Mandatory General Offer for The Remaining Shares In Puncak Niaga Holdings Berhad Not Held By Corporate Line and Parties Acting in Concert”
16 Sept 2006 How Safe is Safe?
8 Sept 2006 Reported Financial Irregularities in MP Technology Berhad (or The Company)
1 Sept 2006 Time for Action
30 August 2006 Kes Dagangan Orang Dalaman Membabitkan Saham-Saham Padiberas Nasional Bhd (BERNAS) - Satu Pengajaran
25 August 2006 MSWG Comments on Insider Trading Case of Padiberas Nasional Bhd (BERNAS) - A Lesson To Be Learnt
9 August 2006 Bursa Fine On Three Directors Prompts Debate
1 August 2006 Support Service
26 July 2006 Common Concerns of Minority Shareholder
16 July 2006 MSWG Comments on Securities Commission (SC) Charges on Three Former Executives at Transmile.
20 June 2006 MV AGUSTA - The Dust Has Settled
16 June 2006 All for Governance
17 May 2006 Merits of Proposed Merger of Avenue and ECM Libra - Shareholders to Decide
16 May 2006 Fully Armed
1 -15 May 2006 The Minority Shareholder Watchdog Group’s vision is to be the premier service entity in enhancing shareholder activism and protecting minority interest
2 May 2006 BCHB-SBB TAKE OVER - EGM OF KILLINGHALL (MALAYSIA) BERHAD
2 May 2006 EGM KILLINGHALL (MALAYSIA) BERHAD - PENGAMBILALIHAN BCHB-SBB
26 April 2006 Where’s the Bark”:MSWG Barks with Credibility and Effectively
26 April 2006 BCHB’S AGM and EGM For the Proposed Acquistion of SBB
21 April 2006 Pembatalan IPO Hospitech Resources Berhad
20 April 2006 The Withdrawal of Hospitech Resources Berhad for its Initial Public Offering
13 April 2006 PN4 and PN17 Companies - The Predicament of Minority Shareholders
5 April 2006 Komitmen untuk Melaksanakan Kontrak penyerahan OPV Pertama oleh PSC-ND
5 April 2006 Rancangan Malaysia Kesembilan Keutamaan untuk Menggalakkan Daya Saing dan Kemakmuran Negara
4 April 2006 Commitment to Deliver PSC-ND Delivers Maiden OPV
4 April 2006 Ninth (9TH) Malaysia Plan and Priorities Spurring Competitiveness and National Prosperity
1 April 2006 The Cost of Transparency
29 March 2006 MV Agusta Motors SpA – Kudos to the Board
29 March 2006 Penjualan Kepentingan Dalam MV Agusta – Penjelasan Lembaga Pengarah Proton Dipuji
24 March 2006 The Challenges of Short Selling to Self Regulation and Corporate Governance
23 March 2006 Key Performance Indicators – The Competitive Essence To Performance
16 March 2006 The BCHB-SBB Saga: Towards A Resolution
8 March 2006 Flexing Muscles of Minority Shareholders
1 March 2006 The Voice of the Common Man
1 March 2006 The Way To The Right Expectations
15 - 31 March 2006 The Minority Shareholder Watchdog Group’s vision is to be the premier service entity in enhancing shareholder activism and protecting minority interest
1 -15 March 2006 Shareholder Activism and Protecting of Minority Interest
13 Jan 2006 Proton’s Disposal of M.V.Agusta
4 Jan 2006 Proton’s Adviser & the Former CEO’s Letter to the Current Board of Directors in Proton Holdings Bhd To Explain the Agusta Deal to Proton Shareholders
2005 NEWS AND COMMENTARIES BY MSWG AND NEWSPAPERS

Date Title
30 Dec 2005 De-Listing of PN4 Companies
16 Dec 2005 Ann Joo Berhad’s Proposed Acquisition of Malayawata Steel Bhd
13 Dec 2005 Proposed Acquisitions of Entire Equity Interests in Natseven TV Sdn Bhd (ntv7), Synchrosound Studio Sdn Bhd and Encorp Media Technology Sdn Bhd by Media Prima Bhd
9 Dec 2005 Southern Bank Berhad At A Crossroad - Call for Shareholders of Southern Bank Berhad to Attend EGM
6 Dec 2005 Strict Enforcement Critical – Bursa Malaysia’s Amendments to Listing Requirements
17 Nov 2005 Ekran Bhd at the Company’s Forthcoming AGM
14 Nov 2005 Profit Guidance By Public Listed Companies – The Way Forward
10 Nov 2005 Scomi Group Berhad’s Proposed Disposals of Machine Shop Business, Scomi Sdn Bhd and Scomi Transportation Solution Sdn Bhd
8 Nov 2005 MAYBAN Fortis’s Mandatory Bid for MNIH
4 Nov 2005 Modular Techcorp Holdings Bhd’s Proposed Acquisition of 840,000 ordinary shares of RM1.00 each (representing 70% Equity Interest) in Blue-I Network Sdn Bhd for A Total Cash Consideration of RM21.50 Million or at about RM25.60 per share
28 Oct 2005 Clarification on the Comment on Mandatory Offer for Control of QSR Brands Bhd – The Solution To The Tussle?
20 Oct 2005 Mandatory Offer for Control of QSR Brands Bhd – The Solution To The Tussle?
14 Oct 2005 E&O Property Development’s Berhad Inability To Secure Shareholders’ Approval for Delisting at its AGM
7 Oct 2005 Board Tussle in QSR Brands Bhd For Control of KFC Holdings (Malaysia) Bhd : Real Minority Shareholders – The Pitiful Lot?
5 Oct 2005 Proposed Acquisitions By Ann Joo Resources Berhad for the Remaining Shares in Malayawata Steel Berhad
13 Sept 2005 MHC Plantations Bhd’s Proposed Acquisitions of 32.02% stake in Cepatwawasan Group Bhd
5 Sept 2005 Proposed Restructuring of CIMB Berhad
29 Aug 2005 Proposed Merger of the Plantation Businesses of Tradewinds (M) Berhad and Johore Tenggara Oil Palm Berhad
25 Aug 2005 Conditional Mandatory Take-Over Offer for EOPD Shares and Warrants
18 Aug 2005 Changes in the Board of Directors of PSC Industries Berhad – The Road Ahead
3 Aug 2005 Proposed Rasionalisation of the Boards of Directors of RHB Group
29 July 2005 Departure of Proton Chief Executive Officer
25 July 2005 Rationalisation of the Board of Directors of DRB-Hicom Berhad
19 July 2005 Removal of Directors in PSC Industries Bhd
14 July 2005 Proposed Investment by Tekala Corporation Berhad
13 July 2005 Boustead Holdings Berhad Increasing Its Stake in PSC Industries Berhad
12 July 2005 Trial By The Media? Public Release of PwC Report on KFC Holdings (Malaysia) Bhd
5 July 2005 Shareholder Activism in KFC Holdings (Malaysia) Bhd
1 July 2005 Interview statement made by Proton CEO, Tengku Tan Sri Dr Mahaleel bin Tengku Ariff



Date Newspaper Title of Articles
3 May 2005 New Straits Times, Business Times Independent advisers must be impartial, says MSWG
2 May 2005 The Sun, Financial Daily Watchdog group expresses concern over unclear roles of independent directors
29 Apr 2005 New Straits Times, Letters Limit on directorships good
26 Apr 2005 The Sun, Financial Daily Oilcorp’s net loss widens to RM29.6m
26 Apr 2005 The Star, Starbiz Oilcorp re-states 2003 financial results
23 Apr 2005 New Straits Times, Business Times MSWG: Avoid serving too long with one company
20 Apr 2005 The Sun, Financial Daily GBH fined
18 Apr 2005 The Sun, Financial Daily Bursa Malaysia to continue monitoring Mexter Technology
18 Apr 2005 The Sun, Financial Daily MSWG cautious over Lion Corp’s acquisitions
14 Apr 2005 The Sun, Financial Daily JPort: No delay in SWW deal
11 Apr 2005 The Edge, Corporate MSWG: Be transparent on directors’ pay packages
11 Apr 2005 New Straits Times, Business Times Delay complicates MRCB - UDA deal
11 Apr 2005 The Edge, Corporate Governance issues cloud VSI’s recovery (Remuneration high, says MSWG
9 Apr 2005 The Star, BizWeek JPort keeps dividend at current levels
7 Apr 2005 The Sun, Financial Daily MIMB resigns as independent adviser in JPort deal
7 Apr 2005 New Straits Times, Business Times MIMB resigns as Johor Port adviser on acquisition
5 Apr 2005 Utusan Malaysia, Ekonomi VGO: KWSP dapat perintah mahkamah
5 Apr 2005 New Straits Times, Business Times EPF gets restraining order on I&P VGO
4 Apr 2005 The Sun, Financial Daily MSWG : Stricter enforcement crucial (for quality financial statements)
2 Apr 2005 New Straits Times, Business Times MSWG : Have adequate safeguards before allowing short-selling
1 Apr 2005 The Sun, Financial Daily GHope, I&P defer VGO shares due to legal snag
1 Apr 2005 The Star, Starbiz GHope refers ‘right to poll’ issue to court
1 Apr 2005 New Straits Times, Business Times Golden Hope seeks legal interpretation on voting article
31 Mar 2005 Berita Harian, Ekonomi Pelabur minoriti Tractors Malaysia dapat ‘durian runtuh’
21 Mar 2005 The Edge, Corporate (Big Money) Minorities’ legal stand versus GHope’s silence
21 Mar 2005 The Sun, Financial Daily MSWG clarifies on GHope deal
18 Mar 2005 New Straits Times, Business Times MSWG wants GHope to reconsider VGO for Negara Properties
17 Mar 2005 The Star, Starbiz Watchdog group advises PLCs to give quality (quarterly) reports
8 Mar 2005 The Sun, Financial Daily MSWG calls GHope minorities to reject I&P’s VGO
1 Mar 2005 New Straits Times, Business Times Details of MSWG new structure mid-March
28 Feb 2005 The Sun, Financial Daily MSWG to be under MoF(and may change membership fees)
25 Feb 2005 The Sun, Financial Daily Wahid’s bold VSS move (MSWG comments on Telekom’s move to be lean and tip-top condition)
25 Feb 2005 The Sun, Financial Daily ‘No’ to JPort (MSWG against JPort Plan to diversify into property)
7 Feb 2005 The Sun, Financial Daily Watchdog questions LionFIB-Silverstone deal
7 Feb 2005 The Sun, Financial Daily Dividends still intact for LionFIB shareholders
5 Feb 2005 The Star BizWeek What has happened to watchdog group?



2005 ARTICLES BY MSWG IN NEWSPAPERS

Date Newspaper Title of Articles
25 Apr 2005 The Edge, Corporate Fines that miss the target
25 Apr 2005 The Edge, Forum The role of independent directors
5 Mar 2005 The Star, BizWeek Splitting the roles of chairman and CEO
19 Feb 2005 The Star, BizWeek The factors that make directors effective
19 Feb 2005 The Star, BizWeek Corporate governance compliance - the spirit of the code



2005 ARTICLES ON MSWG IN MAGAZINES

Date Newspaper Title of Articles
May 1st - 15th
2005 issue
Malaysian Business Above Board
March 16th - 31st
2005 issue
Malaysian Business More bite for watchdog?
2004

Year Month Title
2004 Oct “ADB reports on Malaysia’s prospects in 2004-2005”
2004 Oct “Malaysia fairs well in newly released S&P Corporate Governance survey”
2004 Sep “The 2004 ranking of Malaysia in the CLSA-ACGA Corporate Governance survey”



2004

Month Title
Oct, 25 MSWG launches a new service for its members: the Corporate Governance Screen Card
Feb, 16 SC’s Pre-emptive Strike Intended To Deter Corporate Crimes
Feb, 06 SC: Errant Directors, CEOs Face Possible Removal
Feb, 02 Wood Monkey Has Investors Upbeat On Economy
Jan, 19 Discounted Price Irks Minority Shareholder
Jan, 05 Company Board’s Fiduciary Duty Is To All Shareholders
2003

Month Title
Dec, 22 Towards Betterment Of The Capital Market
Dec, 08 Last Wake-up Call For PN4 Companies
Nov, 24 Sunrise Must Continue To Rise And Shine Regardless Of Changes
Nov, 10 Company Directors Can Show Way in Changing Things For The Better
Oct, 27 Errant Professionals Sign At Their Own Peril
Oct, 13 A Rose By Any Other Name Is Still A Rose
Sep, 29 Murphy’s Law At Play To Protect Status Quo?
Sep, 15 Of Fax And Washing Machine At AGM
Sep, 01 Handle Other People’s Money With Care
Aug, 18 Investors Await Ekran EGM
Aug, 04 Picking Up The Pieces For Poly Glass
Jul, 21 Need To Work Out Win-win Situation For Sitt Tatt Holders
Jul, 07 Shareholder democracy at Maruichi
Jun, 23 Directorship - El Dorado or landmine?
Jun, 09 Calling On The Real McCoy
May, 26 Chinese Wall Crumbles, Retailers Get Flattened
May, 12 Applying The Triple Bottom Line Approach
Apr, 28 It’s Not Easy To Please Everyone When A Company Goes Private
Apr, 14 Waiting With bated Breath For Corporate Role Model That All Can Look Up To
Mar, 31 Going Private: Are There Losers In The Process?
Mar, 17 Magnanimity In Corporate Malaysia
Mar, 03 KSU’s EGM Unlikely To Be Tame Affair
Feb, 17 Changing Rules To Suit The Times
Feb, 03 Ramming It In With Business Ethics
Jan, 20 Championing Good Corporate Governance
Jan, 06 Handle Other People’s Money With Care
2002

Month Title
Dec, 23 Best To Have Separation Of Roles
Dec, 16 Defer decision to buy stake in MMM, says Watchdog Group
Nov, 25 The Emperor’s New Clothes Syndrome
Nov, 11 What’s In Store At Naluri’s EGM?
Oct, 28 Reaching Out to the Minority
Oct, 14 The Heightening of Local Corporate Governance
Sep, 30 The Art of Accounting Engineer
Sep, 17 Forensic Auditing the Order of Today’s Accounting World
Sep, 16 Ensuring Substainable Development
Sep, 02 Moral Story Behind PN4 Companies
Aug, 19 Paradigm Shift For Malaysia Airlines
Aug, 05 Corporate Governance Ratings Can Help Boost Confidence
Jul, 22 Small Investor Should Have More Level Playing Field
Jul, 08 Need To Regulate Practices of the Accounting Fraternity
Jun, 29 Has Telekom tackled minority interest?
Jun, 24 The TENAGA - UBS Saga
Jun, 10 Danaharta not owner of Naluri Shares
May, 28 The Need For Corporate Governance