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Tag: SC

Business

RM2.2 mln fine on Deloitte Plt by SC is appropriate

December 24, 2020 - by admin

KUALA LUMPUR: The decision by the Securities Commission (SC) to impose a fine of RM2.2 million on Deloitte PLT was appropriate and proportionate to the gravity and seriousness of the …

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Business

SC warns of rising number of clone firms using PLC names

November 5, 2020 - by admin

PETALING JAYA: The Securities Commission Malaysia (SC) has cautioned the public on the sharp increase of clone firm scams this year. The scams are perpetuated by companies that fraudulently impersonate …

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Business

SC receives high queries on investment scams, establishes task force

October 24, 2020 - by admin

KUALA LUMPUR: The Securities Commission Malaysia (SC) has received 370 queries and complaints on illegal investment schemes as at end-September 2020 compared with 317 for the whole of last year. …

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Local

SC receives high queries on investment scams

October 23, 2020 - by admin

KUALA LUMPUR: The Securities Commission Malaysia (SC) has received 370 queries and complaints on illegal investment schemes as at end-September 2020 compared with 317 for the whole of last year. …

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Business

SC to widen financial planners’ scope

October 7, 2020 - by admin

KUALA LUMPUR: The Securities Commission Malaysia (SC) will be expanding the scope of specific advice by financial planners (FPs) to include stocks and bonds, said chairman Datuk Syed Zaid Albar. …

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Business

SC grants M-Reits temporary increase in gearing limit

August 12, 2020 - by admin

PETALING JAYA: The Securities Commission Malaysia (SC) will temporarily increase the gearing limit for Malaysian real estate investment trusts (M-Reits) to 60% from 50%, effective immediately, until Dec 31, 2022. …

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Business

SC issues new guidelines on conduct of directors of listed issuers and other subsidiaries

July 31, 2020 - by admin

KUALA LUMPUR: The Securities Commission Malaysia (SC) today issued new Guidelines on Conduct of Directors of Listed Issuers and Their Subsidiaries (Guidelines) to strengthen board governance and oversight of listed …

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Business

SC announces new shariah advisory council line up

July 23, 2020 - by admin

KUALA LUMPUR: The Securities Commission (SC) has announced a new line-up for its Shariah Advisory Council (SAC) who will serve for a three-year period starting July 1, 2020. In a …

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Business

SC revokes financial planning licence of Etalage

July 17, 2020 - by admin

PETALING JAYA: The Securities Commission Malaysia (SC) has revoked Etalage Sdn Bhd’s Capital Market Services Licence on June 25, 2020, in accordance to Section 72(2)(a)(ii) of the Capital Markets and …

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Business

SC, Bursa extend short selling suspension to Dec 31

June 26, 2020 - by admin

PETALING JAYA: The Securities Commission Malaysia (SC) and Bursa Malaysia Bhd have further extended the temporary suspension of short-selling to Dec 31, 2020. “There will not be any change to …

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