Bursa - Consultation Paper No. 1/2024 On Proposed Amendments to Main Market Listing Requirements and ACE Market Listing Requirements

On 24 September 2024, Bursa Malaysia Berhad (Bursa) issued a Consultation Paper No. 1 of 2024 seeking public feedback on the proposed amendments to the Main Market and ACE Market Listing Requirements (“LR”) in relation to sustainability reporting requirements and other enhancements (“Proposed Amendments”).

The key proposed amendments include the following:

• aligning the sustainability reporting framework under the LR to reflect the adoption of the IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures in line with the National Sustainability Reporting Framework;
• promoting shareholder participation in general meetings of listed issuers by requiring physical or hybrid meetings; and
• strengthening accountability of advisers when promoting applicants for listing by naming them in public documents of listed issuers for a specified period.

The Consultation Paper and the relevant attachment/annexures can be accessed from the links below:

• Media Release
• Consultation Paper No. 1/2024 on the Proposed Amendments to The Main Market Listing Requirements and ACE Market Listing Requirements in relation to Sustainability Reporting Requirements and Other Enhancements
• Annexure A - Proposed Amendments in relation to Sustainability Reporting Requirements and Other Enhancements
• Annexure B - Proposed Amendments in relation to Sustainability Reporting Requirements and Other Enhancements
• Table of Comments

Members are welcome to provide their feedback and comments by submitting the Table of Comments to technical@maicsa.org.my by Friday, 18 October 2024.