On December 12, 2011, ACGA submitted a response on the Malaysian Securities Commission's new "CG Blueprint", released in July 2011. ACGA analysed and made recommendations on key proposals, including:

• Voting by poll;
• Appointment of proxies and corporate representatives;
• A new code and industry umbrella body for institutional investors;
• Mandating nomination committees;
• Limiting the number of directorships;and
• Independent chairmen

While we supported many of the proposed revisions, we suggested amendments to some.