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SC cracks down on Binance, tells investors to take their money out

The SC said Binance was illegally operating a DAX despite being included in the SC’s investor alert list in July 2020.
KUALA LUMPUR: The Securities Commission on Friday took enforcement actions against major cryptocurrency exchange Binance for illegally operating a digital asset exchange (DAX) and told Malaysian investors to stop dealing and investing with it.
In a statement on Friday, it said those who currently have accounts with Binance are strongly urged to immediately cease trading through its platforms and to withdraw all their investments immediately.
The SC said Binance was illegally operating a DAX despite being included in the SC’s investor alert list in July 2020. ....

Kuala Lumpur , United Kingdom , Cayman Islands , Zhao Changpeng , Securities Commission On , Binance Holdings , Binance Asia Services Pte Ltd , Binance Digital Ltd , Binance Holdings Ltd , Securities Commission , Capital Markets , Services Act , குவாலா லம்பூர் , ஒன்றுபட்டது கிஂக்டம் , கேமன் தீவுகள் , பத்திரங்கள் தரகு ஆன் , பத்திரங்கள் தரகு , மூலதனம் சந்தைகள் , சேவைகள் நாடகம் ,

Naza TTDI starts RM300mil sukuk programme

Naza TTDI CEO Daniel Lim Hin Soon
KUALA LUMPUR: Property developer Naza TTDI Sdn Bhd has established a Sukuk Murabahah programme of up to RM300mil in nominal value via its wholly-owned subsidiary Naza TTDI Capital Bhd.
The sukuk programme was lodged with the Securities Commission on April 22,2021 and this will allow Naza TTDI to issue sukuk over the next 15 years.
The sukuk programme will be backed by properties owned by Naza TTDI located in KL Metropolis.
Proceeds will be used for the development of KL Metropolis and other general corporate purposes.
Alliance Investment Bank Bhd is the principal adviser and lead arranger as well as the lead manager for the sukuk programme. ....

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Greedy investors may manipulate Bursabets to disrupt trading, says stock market watchdog | Malaysia

Saturday, 30 Jan 2021 02:48 PM MYT
BY SYED JAYMAL ZAHIID
Top Glove’s share price gained 40 sen or a 7 per cent surge as of noon yesterday, just hours after news emerged that retail investors are behind a drive to prop up the stocks of the world’s largest medical glove maker. Bernama pic
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KUALA LUMPUR, Jan 30 A stock market watchdog has warned the public about the risk of social media investment tips after local retail investors behind the “Bursabets” drive helped prop up share prices of local glove manufacturers yesterday. ....

Kuala Lumpur , Ian Yoong , Devanason Evanson , Securities Commission On , Top Glove Corp Bhd , Top Glove , Shareholders Watch Group , Securities Commission , Glove Corp Bhd , Bursa Malaysia , Malaysia Stock Market , Malaysia Stock Market Trading , Glove Manufacturers , Top Glove Shares , Glove Shares , Minority Shareholders Watch Group , குவாலா லம்பூர் , பத்திரங்கள் தரகு ஆன் , மேல் கையுறை கார்ப் ப்ட் , மேல் கையுறை , பங்குதாரர்கள் வாட்ச் குழு , பத்திரங்கள் தரகு , கையுறை கார்ப் ப்ட் , மலேசியா ஸ்டாக் சந்தை , மலேசியா ஸ்டாக் சந்தை வர்த்தக , கையுறை உற்பத்தியாளர்கள் ,