On 24 September 2024, Bursa Malaysia Berhad (“Bursa Malaysia”) issued Consultation Paper No. 1/2024 (“CP No. 1/24”) on the proposed amendments to the Main Market Listing Requirements (“Main LR”) and ACE Market Listing Requirements (“ACE LR”) of Bursa Malaysia Securities Berhad (“Exchange”).

The key proposed amendments are as follows:

• to align the sustainability reporting framework under the LR with the National Sustainability Reporting Framework (“NSRF”) by adopting IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information and IFRS S2 Climate-related Disclosures

• to promote shareholder participation in general meetings of listed issuers by requiring physical or hybrid meetings; and

• to strengthen the accountability of advisers who promote applicants for listing by naming them in public documents issued by listed issuers for a prescribed period.

Overview of requirements for sustainability statements by Main Market listed issuers

Source: Consultation Paper No. 1/2024

Overview of requirements for sustainability statements by Ace Market listed corporations