Editor’s Message

Allow me to start my message by wishing a belated ‘Happy New Year 2024’, ‘Happy Thaipusam’, ‘Gong Xi Fa Cai’ and ‘Salam Ramadan’ to all our members.

Firstly, I am pleased to announce that the Council has adopted the IACS Objects, Vision and Mission statements on 20^th January 2024. This initiative aims to convey the Institute’s clear strategic direction and values to all stakeholders of IACS. Our Vision Statement is “To be the Premier Professional Body for Approved Company Secretaries in Malaysia”. The rest of the statements can be found on the back cover of our newsletter and we will also present it to our members during the forthcoming Annual General Meeting (AGM).

To date, IACS had successfully conducted a total of nine (9) seminars/webinars (three (3) physical seminars and six (6) webinars). We are planning to conduct a series of seminar on the Companies (Amendment) Act 2024 to enhance and equip members on the provisions of the changes made to CA 2016, in particular the Beneficial Ownership Reporting requirements for companies. Members also need to be aware of the submission notification of Beneficial Ownership information via Electronic Beneficial Ownership System (e-BOS). e-BOS is a platform for submission, updating and rectifying the Beneficial Ownership (“BO”) information via online.

IACS had recently launched a membership promotion campaign to increase its membership base. New members can enjoy additional benefits such as one (1) free attendance for IACS webinar and a free copy of the IACS publication. Our members can enjoy special benefit as well. Members who have attended four (4) webinars will be entitled to (1) free webinar which must be redeemed within twelve (12) months from the 1^st webinar attended. This special privilege is designed to reward the loyalty of our members, and members are encouraged to take advantage of this benefit.

In addition to the above, IACS had featured an article entitled “Pathways To Becoming A Company Secretary In Malaysia” in this newsletter. This is one of our initiatives to assist and guide our members, their staff and the general public who aspire to obtain the company secretary licence from Suruhanjaya Syarikat Malaysia (SSM).

In continuation, in the pipeline is our second book publication entitled “The Licensed Secretary: Duties and Responsibilities,” which we hope to publish and distribute to our members in the very near future. This book will serve as a handy guide and reference to our members in discharging their duties and responsibilities effectively.

Last but not least, members are encouraged to write to us on any technical or other operational issues as well as enquiries with SSM or other agencies regarding the company law and other corporate secretarial matters so that we may respond or discuss them at the proper forums or meetings.

In closing, I wish to inform our members that our next AGM is tentatively scheduled on 22^nd June 2024 in Kuala Lumpur. The Council greatly encourages you to be there to exercise your right to vote and to keep abreast of the latest development in the company secretarial practices as well as networking with each other. We will advise our members on the actual date of our AGM in due course.

Your continued support means a lot to us. We appreciate it very much. Take care and stay safe. God bless.

Thank you.