Listed issuers will be required to offer shareholders electronic options to subscribe for rights shares, exercise convertible securities and participate in dividend reinvestment schemes.
The group was found to be impersonating successful investors and using WeChat and QQ group chats to lure mainland victims into investing.
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.
The measures include relief for publicly listed companies from PN17 (financial distress) classification, even if they fall below certain regulatory thresholds.
The funds includes proceeds from assets that Malaysia financier Jho Low allegedly bought with stolen 1MDB money before his $700mn forfeit last year.
The MoU will facilitate the display and joint promotion of Bursa Malaysia and SZSE benchmark indices in each other's markets.
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.
BNM will continue to consult on an economy-wide cash transaction limit, which it will be able to implement under the Currency Act 2020.
Industry veteran Jamie Lloyd Evans takes a detailed look at digital banking regimes in Asia, and the stated – and unstated – motivations behind them.
The messaging standard will transform the corporate announcements flow in Malaysia, favour interoperability with other marketplaces, and foster innovation.