Malaysian regulator to request listed firms’ El Nino plans
Malaysia’s Securities Commission plans to ask publicly traded firms to disclose how they are preparing for El Nino, citing concerns businesses may be ill-prepared for fallout. Chairman Mohammad Faiz Azmi said the regulator also looks to deepen ties with the Middle East.
Malaysia's Securities Commission plans to ask listed companies to set out how they are preparing for El Nino, as chairman Mohammad Faiz Azmi said he is concerned businesses in the country may be poorly prepared for the effects of the weather phenomenon, according to remarks to Reuters.