Malaysia

Trading & Investment

Malaysia SC Eases Rules for Issuing Convertible Notes to VC, PE Firms

By Editors | 28/04/2020

The flexibilities are aimed at easing the fundraising process for MSMEs as well as small and mid-cap companies, making it more cost-effective and reducing time to market.

Trading & Investment

Malaysia Extends Short Selling Ban by Two Months

By Editors | 28/04/2020

The short-selling suspension will now last until 30 June 2020, to ensure to manage risks and mitigate any excessive speculative activities.

Trading & Investment

Bursa Malaysia Issuers to Offer Electronic Options to Shareholders

By Editors | 27/04/2020

Listed issuers will be required to offer shareholders electronic options to subscribe for rights shares, exercise convertible securities and participate in dividend reinvestment schemes.

Fraud, Scams & Cybercrime

Malaysian Police Arrest 14 Chinese Nationals in Crypto Scam

By Editors | 20/04/2020

The group was found to be impersonating successful investors and using WeChat and QQ group chats to lure mainland victims into investing.

Structural Regulation

Bursa Malaysia Raises Share Issue Limits, Extends Filing Deadlines

By Editors | 20/04/2020

Listed issuers are allowed to increase the general mandate threshold for new securities issues from the existing 10% to 20% of the total number of issued shares.

Trading & Investment

Malaysia SC Announces Capital Market Measures to Support Businesses

By Editors | 17/04/2020

The measures include relief for publicly listed companies from PN17 (financial distress) classification, even if they fall below certain regulatory thresholds.

Anti-Money Laundering

US Returns $300m of Misappropriated 1MDB Funds to Malaysia

By Editors | 15/04/2020

The funds includes proceeds from assets that Malaysia financier Jho Low allegedly bought with stolen 1MDB money before his $700mn forfeit last year.

Trading & Investment

Malaysia, Shenzhen Bourses Enter MoU on Cross-border Collaboration

By Editors | 15/04/2020

The MoU will facilitate the display and joint promotion of Bursa Malaysia and SZSE benchmark indices in each other’s markets.

Liquidity Risk

SC Malaysia Asks Fund Managers to Ramp Up Liquidity Stress Testing

By Editors | 12/04/2020

Stress testing should be conducted more regularly to assess the impact on fund liquidity and redemptions, and to pre-empt liquidity shortages before they occur.