Equitiestracker Holdings Bhd’s (EHB) wholly-owned subsidiary, ET Smart Wealth Sdn Bhd (ETSW), has received a fund management licence from the Securities Commission (SC).
KUALA LUMPUR: Equitiestracker Holdings Bhd’s wholly owned subsidiary, ET Smart Wealth Sdn Bhd (ETSW), has received approval from the Securities Commission for its application for a capital markets services licence for the regulated activity of fund management.
KUALA LUMPUR: Equitiestracker Holdings Bhd’s wholly owned subsidiary, ET Smart Wealth Sdn Bhd (ETSW) has received approval from the Securities Commission (SC) for its application for a capital markets services licence for the regulated activity of fund management..
BINANCE, one of the world’s largest cryptocurrency exchanges, is looking to acquire a minority stake in MX Global Sdn Bhd, a digital asset exchange (DAX) licensed by the Securities Commission Malaysia (SC), sources say. The sources say the acquisition is pending the SC’s approval, adding that it has received the green light from the Companies Commission of Malaysia (CCM).
PETALING JAYA: Incessant political squabbles are raising the Malaysian stock market’s risk premium and experts say the continuation of such noises will weigh down any upside in the market.
With Prime Minister Tan Sri Muhyiddin Yassin insisting yesterday that he will not resign unless his fate is tested in a no-confidence vote to be tabled in September, this means political uncertainties will prolong for at least another month.
The announcement by the Prime Minister came at a time when market sentiment was already suffering from the threat of high Covid-19 cases, the extremely long movement restriction period and weak economic conditions.