ecurities Commission Malaysia: Positive Progress Made On Gender Diversity

In the Malaysian Code on Corporate Governance (MCCG) released on 26 April 2017, companies are required to disclose their gender diversity policy, targets and measures. In addition, Large Companies as defined in the MCCG are also expected to have at least 30% women directors on their board. In this regard, promoting gender diversity on boards of listed companies remains a priority of the Securities Commission Malaysia (SC). This dovetails with the launching of Women Empowerment Year 2018 by the Malaysian government recently.