A question about the standard of Annual Reports in Malaysia

After reading a number of Annual reports, I have observed a few shortcomings and I hope the sc can do something to recommend some changes on these important financial statements since it is the one and only one source of financial information that the investor received from their investment directly.

Firstly, I hope they will be able to list the properties or give some description on the properties that is owned as an asset to the company. Of course, a company may argue that they may owned a list of properties that may or may not fit on a book. However, with the soft copies available, I am sure the investors have the right to know more about these assets that may contribute to the companies actual book value.

Secondly, I am sure the investors will be more than happy to know more about the director's renumeration allocation to each individual directors. The investors have the right to know more about the compensation that has been awarded to each director since it is hard to justify the possible huge payments for a managing director if the company if performing badly.

Thirdly, the annual statements of a company should really give a clear description of a company/ a group's overall operation since it is so hard to know what a company is doing by reading its confusing annual statement. With a clear knowledge of a company's operation, investors will have a clear picture on the various business operations that a company do.

Fourthly, the sc should really require a company to submit a soft copy of their annual statements to a central archive. It will certainly benefit the company and the market in the long run since investors, both local and foreign, will be able to locate the annual report from one central source.