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Executive pay cuts from the CG perspective

Executive pay cuts, while largely a symbolic gesture, reflect the accountability among senior executives and reinforce the idea that leaders are willing to take responsibility for their performance. Ultimately, it demonstrates a commitment to ethical leadership, responsible management, and the long-term interests of the company and its stakeholders.

What lies ahead for Kuchai? Disposal deal sets stage for multiple scenarios

Low-profile Kuchai Development Berhad and Sungei Bagan Rubber Company (Malaya) Berhad (Sg Bagan) recently hogged the public limelight again with major corporate exercises that will streamline the structure and consolidate the assets of the two companies.

2023 was a record year for MSWG as we included more companies in our portfolio. We also attended the highest number of general meetings last year at 531, representing a marked increase of 16.2% y-o-y from 457 recorded in 2022. Of the 531 meetings, 424 were AGMs, 105 were EGMs, and 2 were court-convened meetings.

At the same time, virtual platforms remain the preferred mode for PLCs to conduct their meetings, with about 366 (69%) meetings hosted virtually. Meanwhile, physical and hybrid meetings made up 162 (30.5%) and 3 (0.5%) of the total meetings attended, respectively.