In June 2023, Malaysia became one of only four emerging markets worldwide to achieve more than 20 per cent female representation on the boards of its top 100 public-listed companies (PLCs). According to data from the Securities Commission of Malaysia, women held 30.6 per cent of board seats in the top 100 PLCs listed on Bursa Malaysia and nearly 25 per cent of seats in all PLCs.
It’s a significant milestone, considering that in 2021, Bursa Malaysia required all PLCs to appoint at least one female board member by June 1, 2023. All this is meant to