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)
"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
industry or new players in the corporate landscape. I am glad to inform FPLC members that we are now in panel of
important dialogues that deal with issues affecting FPLC members. We are now
not only in working groups for the Malaysia Accounting Standards Board (MASB),
Bursa Malaysia Berhad (BMB) and Securities Commission (SC), we are also in
dialogues with many other regulatory bodies as seen on our consultative
participations page. The Federation has also identified and organized
many programmes in the form of conferences, seminars and webinars as in
Continuous Professional Development programmes and networking events in line
with our mission statement - "To Boost Professionalism And Competitiveness
of Malaysian Listed Companies Towards World Class Listed Companies" and to
facilitate FPLC members towards achieving that direction. FPLC's presence is
stronger than ever today compared to yesteryears. We have to thank all our
members who have been with us through this journey without which we would not
be where we are today. I am glad that FPLC members have won many national
awards, and FPLC proudly celebrates and profile their achievements. By
belonging to an industry group and giving your support to FPLC, we hope to
continuously serve you better"
Consultative Participations, Dialogues & Forums
Ministry of Finance (MOF)
Securities Commission (SC)
Bursa Malaysia
Malaysian Accounting Standards Board (MASB)
Ministry of International Trade and Industry (MITI)
Inland Revenue Board of Malaysia (IRB)·
Department of Standards Malaysia (JSM)
Malaysian Institute of Accountants (MIA)
Audit Oversight Board (AOB) SC
Malaysian Institute of Corporate Governance (MICG)
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.
