The Malaysian Association of Corporate Treasurers (MACT) was established in 1996 by its founding members including MISC Berhad, Sime Darby Berhad, Tenaga Nasional Berhad, Telekom Malaysia, Malaysia Airline System (MAS) and the Axiata Group (erstwhile Celcom).

The Scope

of Corporate Treasury Management
Financial Risk Management
  • Foreign Exchange and Financial Markets
  • Exposures (hedging, forward purchases)
  • Interest Rate Risk
  • Credit Management
Cash and Liquidity Management
  • Cash forecasting and pooling
  • Cash handling and transmission
  • Cash Management & banking systems
  • Managing banking relationships
  • International cash management
Capital Markets and Funding
  • Funding policies and procedures
  • Types of funding (debt vs. equity)
  • Export and trade finance
  • Capital structure and investment returns
  • Risk return and the cost of capital
  • Investment decision making
  • Shareholder value
  • Tax and its implications to Treasury


of MACT as per its Constitution
To act as a representative of corporate treasurers while communicating with regulatory bodies in Malaysia.
To encourage and promote the education, knowhow and management practises of corporate treasurers.

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