Federation of Public Listed Companies Bhd

About Us

We work to inspire and to promote business sustainability amongst our PLCs community.​Our goal is to be an impactful voice for Public Listed Companies in Malaysia led by members of our PLCs community. We are inspired by the belief that everyone in business can shape and mold business industries to achieve the desired and sustainable business potentials.

Our Story

  • Introduced a Code of Ethics for Public Listed companies in 1989
  • Made it possible for public listed companies in the construction industry to participate in government tenders for civil works vide Treasury Circular No.711989
  • Amendments to Section 132E of the Companies Act 1965 and introduction of Section 132F pertaining to substantial transactions involving directors and persons connected with directors.
  • Amendments to Section 132G of the Companies Act 1965 pertaining to exemption clauses under subsection (5) with regard to prohibited transactions involving shareholders, directors and persons connected with such shareholders and directors having substantial shareholdings.
  • Proactive measures towards establishing a Securities Commission in Malaysia including organising a seminar on the subject in 1991 and commissioning an expert from Cambridge University to prepare a detailed paper on the subject for presentation to the Malaysian Government.
  • Arrived at a new definition for "Bumiputra controlled public listed companies" in 1993.
  • Assisted the government towards establishing the Malaysian Accounting Standards Board (MASB). We have been actively involved in various MASB Working Groups to review a number of existing accounting standards and new ones.
  • Undertook the responsibility of leading the Working Group under the High Level Finance Committee on Corporate Governance for the formulation of a national code on best practice (The Malaysian Code on Corporate Governance) and comprehensive training and education programmes for directors, shareholders and other corporate participants of public listed companies in Malaysia during 1998.
  • Played a proactive role in the industry driven initiative towards enhancing corporate governance in 1997 which led to the establishment of the Malaysian Institute of Corporate Governance (MICG) on 10 March 1998 with the FPLC President as the first President of MICG.
  • Obtained self-regulatory approach on continuing education for directors (CEP) programme.
  • Addressed issues with Ministry of Housing and Local Government on Moneylenders (Amendment)ACT 2003 with regard to inter-company loans and staff loans.
  • Views were sought for pragmatic approach in provisions on related Party Transactions with Bursa Malaysia.
  • Participated in the Company Law Forum (CLF) on matters pertaining to the Companies Act 1965 and its subsidiary legislations. Participated in the annual National Chamber of Commerce and Industry of Malaysia (NCCIM) in presenting the Efficiency Service Awards (ESA)

Consultative Participations, Dialogues & Forums

  • Bursa Malaysia Securities Bhd
  • Company Law Forum-CLF
  • Malaysian Accounting Standards Board-MASB
  • Securities Commission (SC)
  • Ministry of International Trade and Industry-MITI
  • Inland Revenue Board of Malaysia-IRB ·
  • Department of Standards Malaysia
  • Malaysian Institute of Accountants-MIA
  • Audit Oversight Board-AOB, SC
  • Malaysian Institute of Corporate Governance-MICG
  • Capital Market Task Force at Ministry of Finance-MOF

Vision

To inspire and advocate the movement of our members to encourage the healthy and sustainable business development in the Malaysian capital market including its expansion in new and diversified fields of economic activities.

Mission

To educate, promote and boost professionalism, knowledge sharing and competitiveness of 
Malaysian public listed companies towards world class listed companies. 

Objectives

  • To serve as a platform to discuss and address industry issues and challenges with regulatory authorities, private sector bodies and professional institutions.
  • To serve as the platform for networking, cross selling, and strategic alliances with local and global corporate players or corporate stakeholders.
  • To facilitate the identification of FPLC members to create higher profiles and heighten their professionalism in belonging to an industry group.
  • To facilitate FPLC members in identifying and understanding risk issues in the global marketplace by organising trade mission and meetings with regulatory authorities of potential marketplace.
  • To challenge FPLC members to raise their sights beyond their immediate problems and think about innovative but durable solutions.

Our Core Values

Integrity

We believe in accountability for our actions; guided by ethical principles. Our leadership endeavors to live up to expected responsibilities and integrity.

Excellence

We believe in efficient use of knowledge with sound approaches, effective deployment, and management of resources to maintain our organization’s sustainable results.

Innovation

We initiate to create a fertile ground for organizational improvement through innovation, discover new and better ways to attain desired achievements.

Teamwork

We are united and committed to achieve our goals. We believe in open communication, mutual respect, strong team and stakeholder relationship.

YBhg. Tan Sri Dato’ Seri Hj Megat Najmuddin 
Bin Dato’ Seri Dr. Hj Megat Khas

President's Message

"A winner never condescends, but lifts those around to a higher mentality. In this vein, I hope that the Federation Of Public  Listed Companies (FPLC) will be able to play its part to lift our members towards greater heights in its professionalism and competitiveness towards world class listed companies". We look forward to focus on the end results and refuse to be intimidated by the past that held us back and the future uncertainty in the marketplace amidst global challenges. Probably the adage that adversity is breeding ground for miracles is now put to test for each of us in the corporate arena be it as captains of industries or new players in the corporate landscape.

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EXCO Members

YBhg. Tan Sri Dato’ Seri Hj Megat Najmuddin Bin Dato’ Seri Dr. Hj Megat Khas

President
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YBhg. Dato’ Seri Dr Peter 
Sow Chin Chuan 
 

Vice-President I
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En. Izlan Bin Izhab
 

Vice-President II
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