Kasturi Nathan, KPMG’s Head of Governance and Sustainability in Malaysia shared her views on the comparison of the remuneration report of listed companies in Bursa Malaysia with other financial markets.She commented that via interactions with various market players, KPMG has observed disclosures on remuneration are at times sparse with listed issuers selectively omitting key information regarding directors’ remuneration.
“In relation to the top five senior management personnel’s remuneration, the provision of the requisite disclosure in bands of RM 50,000 amongst listed issuers stands at a paltry rate of less than 25% (as gathered from the disclosures of 405 listed issuers),” said Kasturi.
Click the link below to read the full article by Busy Weekly
© 2020 KPMG PLT, a limited liability partnership established under Malaysian law and a member firm of the KPMG network of independent member firms affiliated with KPMG International Cooperative ("KPMG International"), a Swiss entity. All rights reserved.