Malaysia

Capital / Liquidity

BNM: Banks Can Use Govt Bonds to Meet Reserve Requirement

By Editors | 05/05/2020

The move is expected to release about $3.7mn of liquidity into the banking system. BNM has also cut its overnight policy rate to the lowest level since 2009.

Securities / Derivatives

Malaysia: SC Allows E-wallet, E-payment Firms to Distribute Investment Products

By Editors | 05/05/2020

Operators of e-wallet or e-payment applications can register with the SC and partner with capital markets licence holders to distribute investment products to investors.

Securities / Derivatives

Malaysia SC Issues New Capital Market Advertising Guidelines

By Editors | 04/05/2020

Effective from 4 May, advertisers of capital markets products and services are no longer required to submit their advertisement materials to the SC for approval.

BNM Faces Backlash Over Revised Moratorium Guidance

By Editors | 03/05/2020

The initial version of BNM’s FAQs appeared to suggest that no extra interest would be charged on hire-purchase loans under deferment, but a revised illustration shows interest can accrue.

Securities / Derivatives

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.

Securities / Derivatives

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.

Securities / Derivatives

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.

Crypto / Digital Assets

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.

Securities / Derivatives

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.