ABOUT two weeks ago Rafizi Ramli said READ :Investors are looking for growth prospects with high economic content, mainly related to green, and energy transition projects. Hence, Bursa Malaysia needs to adapt to these kinds of projects, which promise more growth in the future
AT about the same time I have written READ :The Malaysian stock market is down due to lack of governance and also because corruption is a way of life over there.
REPORTS coming from the USA this week , suggest READ : Shareholder support for ESG proposals crumbles at U.S. companies but those thar involved Governance issues within the ESG base received largest about of support from. shareholders
TO attract serious money into the stock exchange, the government must have the will to strengthen the Governance , because obviously the people at Bursa Malaysia are very comfortable with life, when Governance issues are not rigid.
FOREIGN media have started picking up, and are notw highlighting reports, which paints Malaysia in a bad light because Bursa has serious Governance issues
TWO particular companies/ individuals were highlighted this week. The first being, READ : Leak Exposes Alleged Corporate Scandal Involving MAA Group Berhad’s Tunku Dato’ Yaacob Khyra.
THE other story making a big splash now is READ :SCIB says Mohd Abdul Karim not on its shareholder list
OH by the way, if you are wondering who is the character that is called DUMBER, it is none other than Umar Swift.
CONSIDER thr following, the five years that Umar Swift has been managing the exchange the local brouse has lost value every year, while during the same period READ : The Singapore bourse is up by 48 per cent