Bursa Malaysia Berhad issued a consultation paper to seek public feedback on the proposed review of the Main Market Listing Requirements and Rules and Directives of Bursa Malaysia Securities Berhad in relation to Exchange-Traded Funds (ETFs).
The public consultation period will run from July 9 to July 23.
CIMB-Principal Asset Management Bhd, the first asset management company in Malaysia to have received the Renminbi Qualified Foreign Institutional Investor (RQFII) licence in March 2017, was recently awarded an additional quota of RMB1 billion (approximately USD150 million) by the China State Administration of Foreign Exchange.
The RQFII licence allows investors to gain direct access to the China A-Shares market, otherwise accessible to only China on-shore investors.
Following the issuance of 12 new warrants today, Macquarie has issued a total of 1,000 structured warrants in Malaysia since its debut in October 2014.
The year 2018 kick-started with a stamp duty exemption for structured warrants, investors can now trade warrants without paying any stamp duty, making warrants more attractive to traders and investors alike. The exemption was provided by the government as an incentive to boost trading, liquidity and vibrancy in the local market.