Transparency Board Size (Bigger) Board Independence (Higher) Board Duality (Separated) Audit Committee Meeting (Higher) Main Results – Cont. Higher Corporate Disclosure and Transparency Lower Audit Report

offering in the shareholders’ meeting notice for the benefit of investors’ decision making. The main purpose is to enhance protection for the existing shareholders and prevent offering of benefits to any

different types of securities offering, to improve clarity and practicality.  The notification of the amended regulations has been published in the Government Gazette and will take effect as from 1 July 2023

This regulatory guillotine discussion is the first in the virtual talk series under the theme, “How to Regulate to Earn Investor Confidence and Global Competitiveness.” The main objective is to