Public Bank Bhd has been given top ranking in the 2004 Corporate Governance Survey, jointly conducted by the Minority Shareholder Watchdog Group (MSWG) and Nottingham University Business School (NUBS), Malaysia campus.
The survey was conducted to determine the level of compliance of Malaysia’s top 100 public-listed companies (chosen based on market capitalisation) with local and international corporate governance requirements.
Public Bank’s disclosure of information to its shareholders was the most personalised and informative, based on a survey of annual reports of public companies.
NUBS associate professor of accounting Salleh Hassan told reporters this after Public Bank chairman and founder Tan Sri Teh Hong Piow received a plaque from MSWG chief executive officer Abdul Wahab Jaafar Sidek in Kuala Lumpur yesterday.
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