Securities Commission Malaysia: New capital market initiatives LeapRate

August 07, 2023 BY Alan Sayer

Securities Commission Malaysia: New capital market initiatives

60 industry leaders gathered to discuss ideas and address difficulties pertaining to investment possibilities, funding inclusivity, and reforms in the capital market. Topics included focusing on capital market promotions to grow the domestic-centred issuer pipeline, strengthen market vitality, increase the investor pool, and expand leverage efforts for the sustainability of Malaysia’s leadership in the Islamic…

March 24, 2020 BY Steffy Bogdanova

Malaysian SC announces relief measures for capital market licensed entities

Datuk Syed Zaid Albar, SC Chairman commented: The unprecedented scale of challenges we are facing today demands measured responses that offer relief in the short term and support for longer term recovery. The SC is constantly monitoring the situation and weighing all available options. We would like to assure all market participants that the capital…

April 05, 2018 BY Valentina Kirilova

Securities Commission Malaysia appoints new Deputy Chief Executive

The Securities Commission Malaysia (SC) has announced that Prime Minister Y.A.B Dato' Sri Mohd. Najib bin Tun Haji Abdul Razak in his capacity as Minister of Finance has appointed Datuk Zainal Izlan Zainal Abidin as the SC’s new Deputy Chief Executive (DCE) which takes effect from 5 April 2018. Datuk Zainal Izlan replaces Dato’ Ahmad…

‘pump and dump’ schemes Securities Commission Malaysia SC warning

March 21, 2018 BY Valentina Kirilova

Securities Commission Malaysia warns against ‘pump and dump’ schemes via social media

The Securities Commission Malaysia (SC) has issued a warning to investors over the increase use of blogs, forums and social media platforms to spread false and misleading information on certain companies in order to perpetrate ‘pump and dump’ schemes. Perpetrators would accumulate shares at lower prices before posting positive sentiments about the companies, with the…

February 15, 2018 BY Valentina Kirilova

Securities Commission Malaysia and Bursa Malaysia to implement new measures to boost market vibrancy

The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (the Exchange) announced today that they have outlined the operational details of various new measures to further enhance the vibrancy and liquidity of the equity market. These measures were announced on 6 February 2018 by Prime Minister Yang Amat Berhormat Dato’ Sri Mohd Najib bin Tun…

February 06, 2018 BY Valentina Kirilova

Malaysia and Singapore to set up stock market trading link

The Monetary Authority of Singapore (MAS) and the Securities Commission Malaysia (SC) announced that they will work together to facilitate the establishment of a stock market trading link between Bursa Malaysia (BM) and Singapore Exchange (SGX) by the end of this year. The trading link will allow investors to trade and settle shares listed on…

January 24, 2018 BY Valentina Kirilova

Securities Commission Malaysia wins insider trading case against former founder of WCT Bhd

The High Court today informed that it has found that the Securities Commission Malaysia (SC) had successfully proven an insider trading case against Chan Soon Huat, a former founder and director of WCT Bhd (WCT). In the suit that was filed in 2015, the SC claimed that Chan had breached section 188(2)(a) of the Capital…

January 19, 2018 BY Valentina Kirilova

Securities Commission Malaysia releases cautionary statement on Initial Coin Offerings

The Securities Commission Malaysia (SC) and Bank Negara Malaysia (BNM) informed today that they wish to draw the public’s attention to initial coin offering (ICO) schemes which may involve activities that are subject to laws administered by the SC and BNM. Carrying on such activities without proper authorisation is an offense. Issuers of ICOs should…

January 16, 2018 BY Valentina Kirilova

Securities Commission Malaysia charges individual in scheme to defraud Proton Cooperative

The Securities Commission Malaysia (SC) informed that it has today charged a 67-year-old man for defrauding Koperasi Pelaburan Pekerja-Pekerja Proton Bhd (KOPRO) of its investments of RM350,000 for the purchase of securities between August 2007 and November 2008. Ismail Basir was also alleged to have represented to KOPRO that he was a remisier, when in…

Crypto ICOs showing a comeback, after major drop off in 2018

January 09, 2018 BY Valentina Kirilova

Securities Commission Malaysia issues cease and desist order to CopyCash Foundation

The Securities Commission Malaysia (SC) announced that it has directed CopyCash Foundation to immediately cease and desist all its proposed activities including a purported plan to launch an Initial Coin Offering (ICO) on 10 January 2018 in Malaysia. This directive covers all activities as described in or incidental to CopyCash Foundation’s white paper pursuant to…

Tag: Securities Commission Malaysia