Minority Shareholder Watchdog Group (MSWG)

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Management

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"In the News" Archive

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AGMs & EGMs Attended by MSWG

MSWG Publications

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Articles authored by MSWG Staff are listed below by month of publication.

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
02 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
08 Aug 2005	Proposed Acquisition by Johor Port Berhad of the Entire Equity Interest in Seaport Worldwide Sdn Bhd
03 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
05 July 2005	Shareholder Activism in KFC Holdings (Malaysia) Bhd
01 July 2005	Interview statement made by Proton CEO, Tengku Tan Sri Dr Mahaleel bin Tengku Ariff
2005
NEWS AND COMMENTARIES BY MSWG AND NEWSPAPERS
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?

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

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

2001
Month	Title
Sep, 8	Press statement - Announcement of the commencement of MSWG operations

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	MSWG Speaks!

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	MSWG will be launching the Shareholdings Analysis Report 1997-2006 & Dividend Survey 2007 on 6 August 2008 at Bursa Malaysia Berhad





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	Launching of Shareholdings Analysis Report 1997-2006

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