Revitalising
Business,
Redefining
Transparency

Assalamualaikum Warahmatullahi Wabarakatuh, Salam Malaysia MADANI.

Firstly, I would like to extend my highest congratulations to the Companies Commission of Malaysia (SSM) for all its achievements, high-impact initiatives and ongoing commitment in strengthening corporate governance and empowering the business community throughout the year 2024. These achievements not only demonstrate organisational capability but also reflect SSM’s determination to continuously improve its service delivery system and support the national business ecosystem.

In facing the increasingly challenging global economic landscape, the Government remains committed to principles of transparent governance and strong support systems to empower the business community. SSM plays a key role as a strategic institution that supports this effort by ensuring the corporate system in the country remains progressive, trusted and responsive to current challenges. As such, this annual report stands as a manifestation of SSM’s consistent efforts to strengthen the national business ecosystem, in line with the Ministry’s policies rooted in the values of Malaysia MADANI.

Assalamualaikum Warahmatullahi Wabarakatuh, Salam Malaysia MADANI.

With a deep sense of responsibility, I am honoured to present the 2024 Annual Report of the Companies Commission of Malaysia (SSM), which reflects significant achievements in strengthening corporate governance and driving comprehensive organisational reform. This year has seen SSM’s evolving role from a regulator to a strategic partner in supporting sustainable business growth and enhancing market confidence. This foreword is delivered as a reflection of SSM’s strategic direction in balancing regulatory needs with the aspirations for modernising the business sector.

As Chairman, I am proud to witness SSM’s continued progress in fortifying the legal framework and improving service delivery efficiency. The implementation of amendments to the CA 2016 and the LLPA 2012 this year is not merely a technical adjustment, but a strategic and comprehensive move that reflects the organisation’s commitment to strengthening the resilience of business entities. It also aims to ensure a higher level of transparency and accountability in ownership structures, while empowering corporate entities to better face financial challenges, foster a culture of ethics and build long-term sustainability more effectively.