Steelhawk Esg Disclosure Guidelines

Summary

SteelHawk Berhad must include sufficient information in its prospectus under CMSA 2007, highlighting ESG risks and ensuring the document is not misleading. The SCs guidelines require adherence to the Sustainability Reporting Guide, disclosing ESG factors affecting performance, and ensuring endorsements are factual and substantiated. For detailed advice, consult a legal professional.

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i want answers for my academic question
Hello Riyq, I'd be happy to help with your academic question. Could you please specify what your question is?
SteelHawk Berhad (“SteelHawk”) is a homegrown Malaysian company specializing in the manufacturing, distribution, and sale of high-quality steel products and solutions. The company is dedicated to providing a comprehensive range of steel products, including structural components, pipes, and specialised steel alloys. SteelHawk was originally incorporated as SteelHawk Sdn. Bhd under the Companies Act *. The name of the Company was changed to SteelHawk Berhad pursuant to a special resolution passed at the Extraordinary General Meeting to convert the Company from Private Limited to Public Limited. Due to the conversion, SteelHawk drafted the company’s prospectus with the intention to issue securities to the public. SteelHawk intends to also include a statement in its prospectus made by a seasoned expert in the steel industry, Dr. Emily Chen, Chief Metallurgical Engineer at the Steel Institute of Technology (“SITech”) in its prospectus endorsing SteelHawk for its unwavering dedication to delivering top-notch steel products.
Hello Riyq, I understand your query involves SteelHawk Berhad's transition from a private to a public company. May I know what specific legal information are you seeking in this context?
) As SteelHawk considers the legal structure of its prospectus disclosures, the company recognises the growing importance of Environmental, Social, and Governance (ESG) factors. SteelHawk is specifically prioritising the integration of ESG considerations within its prospectus disclosures, aiming to ensure transparent and comprehensive ESG disclosures. Advise on the above in the light of Capital Market and Services Act * (“CMSA”). You may also refer to other relevant authorities i.e., Prospectus Guidelines, Listing Requirements or any Rules issued by Securities Commission (“SC”) in advising your client, SteelHawk
Under the Capital Market and Services Act * (CMSA), SteelHawk must:
*. Include sufficient information in the prospectus that allows investors to make informed decisions (Section *).
*. Highlight any risks associated with ESG factors to their business operations.
*. Ensure the prospectus is not misleading or deceptive (Section *).
Also, under the SC's guidelines:
*. ESG disclosures should adhere to the SC's Sustainability Reporting Guide.
*. Disclose any ESG factors affecting the company's performance, prospects, or financial position.
*. Any endorsements, such as Dr. Emily Chen's statement, should be factual, capable of being substantiated and not misleading.
detailed essay please
Apologies for the misunderstanding, but as per our guidelines, we provide concise legal information rather than detailed essays. You may want to consult with a legal professional or an academic who specializes in Capital Market Laws for a detailed essay.