Bursa Malaysia Berhad has launched the third PLC Transformation Programme Guidebook entitled “Strengthening Stakeholder Management & Investor Relations” which emphasises the need for public listed companies to enhance their engagement levels and customise their communication approach to better connect with shareholders, wider stakeholders, and within the company.
Guidebook 3 covers distinct aspects of effective stakeholder management and investor relations as well as crisis communications when engaging with the many stakeholder groups of a company. This includes guidance on developing a robust crisis communication approach, operationalising IR as well as examples of good stakeholder management practices. Adoption of the Guidebook’s recommendation would help create a better understanding of the PLCs among the investor community. “As I reflect on my past role as a CFO and CEO of PLCs, I believe that there is room for better stakeholder management and investor relations by PLCs,” said Tan Sri Abdul Wahid Omar, Chairman of Bursa Malaysia.
“Good IR is key to helping listed companies to enhance their visibility, gain subsequent access to capital as well as enjoy better valuation for their companies,” said Datuk Muhamad Umar Swift, CEO of Bursa Malaysia.
Guidebook 3 of the PLC Transformation Programme serves as a useful aid for companies across different sectors, industries and sizes, in their engagement with stakeholders. The Exchange strongly encourages all PLCs to embrace the best practices advocated in the PLC Transformation guidebooks, which is reflective of stakeholders’ expectations and current trends.
