Must a listed issuer disclose the targets and measures
taken to meet the targets in relation to its gender diversity policy when it
provides its statement on the activities of its nominating committee pursuant
to paragraph 15.08A(3) of the Main LR?
Although paragraph 15.08A(3) of the Main LR does
not explicitly require such disclosure, a listed issuer is strongly encouraged
to disclose the targets and measures taken to meet the targets in relation to
its gender diversity policy as recommended in the Malaysian Code on Corporate
In this regard, we wish to draw the listed
issuer’s attention to the announcement made by the Prime Minister Datuk
Seri Najib Tun Razak on
27 June 2011 on the Government’s
policy approved by the Cabinet that women must
comprise at least 30% of those in decision-making positions in the corporate
sector within 5 years (i.e. by 2016).