Malaysian Code of Corporate Governance Part 2

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  • Created by: andreaong
  • Created on: 15-12-19 02:41

1. In the Transmile case, what happened to the independent directors for authorising the release of a misleading statement to Bursa Malaysia?

  • Fined RM3,000,000 and sentenced to eleven-years in jail
  • Fined RM30,000 and sentenced to one-year in jail
  • Fined RM300,000 and sentenced to one-year in jail
  • Fined RM3,000 and sentenced to eleven-years in jail
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Other questions in this quiz

2. The Bold 3.0 Future-Fluent Board Leadership Study found that how many percentage of Malaysian boards do not have an evaluation process?

  • 8%
  • 5%
  • 4%
  • 3%

3. Which of these is not required for a Company to do when they depart from a practice?

  • Large companies must state the actions taken or planned to be taken & the timeline for them
  • Complain about the existing practice
  • Explain the reason for the departure
  • Disclose a suitable alternative practice that was adopted to achieve the Intended Outcome

4. What happened in the Sime Darby case?

  • Tun Musa Hitam (the former deputy PM) came under fire for failing to prevent a loss of RM484 million from delays & cost overruns
  • Tun Musa Hitam (the former deputy PM) came under fire for failing to prevent a loss of RM488 million from delays & cost overruns
  • Tun Musa Hitam (the former deputy PM) came under fire for failing to prevent a loss of RM44 million from delays & cost overruns
  • Tun Musa Hitam (the former deputy PM) came under fire for failing to prevent a loss of RM4 million from delays & cost overruns

5. What is the new practice implemented to replace 'comply or complain'?

  • Apply or explain an alternative
  • Apply or adopt
  • Adopt or apply

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