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Bursa advises investors to exercise caution when trading Dataprep shares

Bursa advises investors to exercise caution when trading Dataprep shares
theedgemarkets.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from theedgemarkets.com Daily Mail and Mail on Sunday newspapers.

Kuala Lumpur , Dataprep Holdings Bhd , Ridaa Associates Sdn Bhd , Bursa Malaysia Securities , Malaysia Securities , குவாலா லம்பூர் , மலேசியா பத்திரங்கள் ,

Bursa Malaysia reprimands, fines and strikes dealer rep off register for abusing clients' accounts


KUALA LUMPUR (March 4): Bursa Malaysia Securities Bhd (Bursa Malaysia) has publicly reprimanded Mohd Ikmal Zulkifli and ordered him to be struck off its register for carrying out trades in the accounts of two clients without their permission.
Ikmal, who was attached to RHB Investment Bank Bhd’s Pandan Indah branch office here at the time of committing the offence, was also fined RM28,500.
In a statement today, the local bourse operator said Ikmal had misused Client A’s account to carry out his own trading activities of share speculation on numerous trading days.
Over a period of two months, he misused Client B’s account to carry out trades based on his own discretion without Client B’s knowledge and consent; the shares were then force sold. ....

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Batu Kawan garners enough acceptance to take CCM private


KUALA LUMPUR (Jan 26): Batu Kawan Bhd (BKB), which has made a takeover offer for all the shares it does not already own in Chemical Company of Malaysia Bhd (CCM) at RM3.10 per share, now holds a 96.7% stake in CCM, comprising 162.17 million shares in the company.
BKB and persons acting in concert with it (PACs) had received valid acceptances of not less than nine-tenths in the nominal value of the ordinary shares in CCM as at 5pm today, said the company in a filing to Bursa Malaysia.
As such, the offeror (BKB) will invoke the provisions of Section 222 (1) of the Capital Markets and Services Act 2007 (CMSA) to compulsorily acquire any remaining offer shares from the holders of the offer shares (holders) who have not accepted the offer and/or who have failed or refused to transfer the Offer shares to the offeror (Dissenting Shareholders), it said. ....

Kuala Lumpur , Kawan Bhd , Chemical Company Of Malaysia Bhd , Batu Kawan Bhd , Chemical Company , Malaysia Bhd , Capital Markets , Services Act , Dissenting Shareholders , Malaysia Securities , குவாலா லம்பூர் , கவான் ப்ட் , இரசாயன நிறுவனம் ஆஃப் மலேசியா ப்ட் , பாத்து கவான் ப்ட் , இரசாயன நிறுவனம் , மலேசியா ப்ட் , மூலதனம் சந்தைகள் , சேவைகள் நாடகம் , மலேசியா பத்திரங்கள் ,