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Page 21 - பத்திரங்கள் தரகு மலேசியா News Today : Breaking News, Live Updates & Top Stories | Vimarsana

SC, Bursa to end temporary revision of market management, control mechanisms

KUALA LUMPUR (May 10): The Securities Commission Malaysia (SC) and Bursa Malaysia would reinstate market management and control mechanisms, namely the dynamic and static price limits for FBM KLCI component stocks and the Bursa Malaysia circuit breaker trigger levels to their original parameters on May 31, 2021. In a joint statement, it said the decision to reinstate the original parameters takes into account the improving economic outlook with the roll-out of the Covid-19 vaccination programme and normalisation of global market conditions. The temporary revisions to the market management and control mechanisms which have been in place since July 20, 2020 are scheduled to expire on May 30, 2021.

Maybank Asset Management launches first shariah-compliant retail investment fund with Waqf feature | Money

Friday, 07 May 2021 05:43 PM MYT PUTRAJAYA, May 7 Maybank Asset Management Sdn Bhd (MAM) has launched its first shariah-compliant retail Islamic investment fund with Waqf feature, Maybank Mixed Assets-I Waqf Fund with an initial fund size target of RM50 million. Chief executive officer Ahmad Najib Nazlan said the fund aimed to generate annual income using Waqf allocation with Yayasan Waqaf Malaysia (YWM) appointed as the Waqf recipient and asset administrator. He said the fund provided an opportunity for investors to contribute part of their annual investment income for Waqf activities to help the underprivileged community in the areas of education, healthcare, environment and economic empowerment.

MARC to host MARC Malaysian Bond & Sukuk Virtual Conference 2021

Malaysia s CLO hires white collar crime, investigations practice co-head

Christopher & Lee Ong (CLO), Rajah & Tann Asia’s Malaysia member firm, has named Shanti Geoffrey as the co-head of its white-collar crime and investigations practice. Geoffrey was previously running her own firm, Shanti G and Co. Geoffrey is CLO’s second lateral hire this year, following the addition of Chua See Hua in March. At CLO, Geoffrey will advise and represent clients before the courts on different aspects of regulatory compliance and enforcement matters involving possible accounting and corporate fraud, criminal breach of trust, market manipulation, insider trading, and corruption. Previously, Geoffrey worked at Securities Commission Malaysia for more than 25 years in various roles. She was also a part of the core team involved in drafting the Capital Markets and Services Act 2007, and the Anti-Money Laundering and Anti-Terrorism Financing Act 2001.

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