News about Securities Commission

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).

KUALA LUMPUR (Nov 9): The Securities Commission Malaysia (SC) today warned members of the public of a fake donation letter purportedly from "Badan Kebajikan Thalassaemia Malaysia", which falsely named SC executive chairman Datuk Syed Zaid Albar as its adviser.

KUALA LUMPUR (Oct 27): Five months have passed and the Armed Forces Fund Board (LTAT) is still making up its mind on the privatisation of its debt-laden flagship group, Boustead Holdings Bhd, since the army fund first expressed consideration for the corporate exercise.