PETALING JAYA: In an attempt to protect investors from the recent margin call and force-selling episode, Bursa Malaysia has waived and modified several provisions related to margin financing for the next six months.
The stock exchange operator said the move is aimed at mitigating the force-selling pressure on the market, as well as safeguarding investors’ interest in respect to those who have pledged their shares for financing.
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!