Ranhill Utilities Publishes 2026 Corporate Governance Report
Bitget2026/10/29 00:07- Ranhill Utilities disclosed departures from Malaysian corporate governance recommendations in its report for the year ended June 30, 2026.
- Independent directors hold three of eight board seats, or 37.5%, below the code's majority recommendation but above the one-third listing requirement.
- Board Chairman Dato' Faiz Bin Ishak also serves on the audit committee and the combined nominating and remuneration committee.
- YTL Power holds a 53.19% equity stake; independent sources have not been used for board appointments.
- The long-term incentive plan was terminated effective January 30, 2026.
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