KUALA LUMPUR (Jan 22): Bursa Malaysia Bhd (KL:BURSA) announced that its MyBursa platform now has independently-assessed corporate governance (CG) ratings for public listed companies on the Main Market and ACE Market.

In a statement on Thursday, the exchange said the move would improve market transparency for investors and other market participants to access CG ratings for individual companies, as well as help in making more informed investment decisions.

The CG ratings are based on assessments carried out by the Minority Shareholders Watch Group (MSWG), which serves as the domestic ranking body, Bursa said.

The assessments use the Asean Corporate Governance Scorecard methodology, which is aligned with the G20 and OECD principles of corporate governance and endorsed by the Asean Capital Markets Forum.

According to Bursa, the integration of the ratings enables investors to compare governance standards of Malaysian-listed companies with regional and international benchmarks.

“With the CG ratings now accessible on MyBursa, investors can evaluate the governance standards of PLCs alongside other key data points, enabling more holistic risk assessments and long-term value analysis,” said chief regulatory officer Julian M Hashim in a statement.

He added that for listed companies, greater visibility of governance ratings provides a benchmark for continuous improvement and may enhance their ability to attract both domestic and international capital.

The CG ratings complement the environmental, social and governance (ESG) ratings that are already available on the MyBursa platform, said Julian.

The combined information is intended to encourage higher governance standards among listed companies and improve the overall attractiveness of Malaysia’s capital market, he said.