The Malaysian Bar has reproached the Attorney-General’s Chambers' (AGC) usage of authority to compound Serba Dinamik Holdings Bhd and four top executives, instead of proceeding with the prosecution of the accused parties.
KUALA LUMPUR (Feb 23): The Association of Stockbroking Companies Malaysia (ASCM) has welcomed the extension of the temporary suspension of Intraday Short Selling (IDSS) and the Intraday Short Selling by Proprietary Day Traders (PDT Short Sale) to Aug 29, 2021.
In a statement today, the Secretariat Office of ASCM said the extension of the temporary suspension for another six months will indeed help further stabilise and strengthen the present market conditions and increase the confidence of the market participants. We commend the SC (Securities Commission Malaysia) and BM (Bursa Malaysia) for their response to the challenges of the Covid-19 by taking various measures, including regulatory relief consideration, for the securities industry with remarkable commitments and dynamism in assisting the industry to navigate through this pandemic.