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SC widens categories of sophisticated investors
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SC amends capital market laws, effective today
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Bursa Malaysia Derivatives to launch night trading to attract global participants
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Bursa Malaysia Derivatives to launch after-hours night trading
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, which has yet to officially appoint an independent reviewer to undertake a special independent review (SIR) to address the concerns raised by KPMG, by Friday.
In this connection, under paragraphs 2.23 and 2.24 of the Main Market Listing Requirements, Bursa Malaysia said it issued a directive to the company to appoint by July 2, 2021 an international accounting firm or and accounting firm, with an international affiliation, that has adequate experience and resources, to undertake the SIR to address the concerns raised by KPMG.
The directive also requested the company to ensure that the appointed accounting firm or its affiliates have a presence in Bahrain and such other overseas locations, where the customers and suppliers Serba Dinamik are located, as highlighted by KPMG.