News about Securities Commission

The initial property portfolio includes the Bukit Tinggi Shopping Centre, which will be acquired from Gemilang Waras Sdn Bhd, a wholly-owned unit of WCT, for RM680 million, with RM350 million settled in units and RM330 million in cash.

With the launch of the NSRF, Malaysia joins more than 20 jurisdictions around the world, representing a collective global gross domestic product (GDP) of 55%, which have adopted or are moving towards implementing IFRS S1 and S2 standards, pertaining to sustainability and climate-related financial disclosures.

Despite the extended timeline, unitholders of listed REITs will still receive financial information within two months after the REITs' financial year end through quarterly announcements on Bursa.

In conjunction with the listing, SkyWorld’s initial public offering entails a public issue of 208,000,000 new shares representing approximately 20.

SMI on Feb 17 announced to Bursa Malaysia that Prolexus Bhd — through Honsin and Hi-Q — had emerged as a substantial shareholder with a 10.

On Dec 1 last year, the company said it was still in the midst of formulating a regularisation plan to address its financial condition.

KUALA LUMPUR (Oct 8): Property developer Paragrene Land Bhd is to float on the Main Market of Bursa Malaysia, with the funds raised from the exercise to be used to pay for project development expenses.

KUALA LUMPUR (July 9): MAA Group Bhd, which is seeking to make a takeover offer for all the remaining shares in Turiya Bhd after its proposed acquisition of a 57.

KUALA LUMPUR (Dec 7): The prosecution from the Securities Commission Malaysia (SC) has applied to the High Court here to transfer former Goldman Sachs banker Roger Ng's Capital Market and Services Act alleged offences case before another High Court judge who is also hearing similar charges.

KUALA LUMPUR (Dec 2): The Securities Commission Malaysia (SC) has approved UEM Sunrise Bhd's application for an extension of time to announce any firm intention to make a takeover offer with regard to its proposed merger with Eco World Development Group Bhd (EcoWorld).