Prohibited Trading Activities in Bursa Malaysia

bursa malaysia

Bursa Malaysia is govern by The Capital Markets and Services Act 2007 (“CMSA“). CMSA prescribes the laws among others, to regulate and to provide for matters relating to trading activities in the capital markets.

The following are four (4) types of trading activities that are prohibited in Bursa Malaysia as stipulated in CSMA.

1. Section 98 of CMSA – Short Selling

Short selling is the action of a person selling shares, which he does not own at the time of selling. Essentially, the law provides that a person shall not sell securities to a purchaser unless, at the time when he sells them:-

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Bursa Malaysia Introduce e-share Payment Facility

bursa malaysia

The Securities Commission Malaysia (SC), Bank Negara Malaysia and Bursa Malaysia recently introduced the Electronic Share Payment facility (e-share) for share transactions.

e-Share Payment is a service provided by all stockbrokers to pay the share sales proceeds directly into your bank account as well as providing an option for you to initiate payment for share purchases via electronic fund transfers. e-Share Payment eliminates the need to bank-in the cheques received from the sale of shares and also enable you to make online payments anytime from the comfort of your home.

Similar to eDividend launched in April this year, one of the main objectives of implementing e-Share Payment is to promote greater efficiency of the payment system which is aligned to the national agenda of migrating to electronic payment.

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New Guidelines for Unit Trust Funds in Malaysia

unit trust

Recently, Securities Commission (SC) announce plans to amend the guidelines on unit trust funds in Malaysia. The ammendment will allow for greater flexibility and choices to meet investors needs.

The amendments will facilitate the creation of multi-class structure unit trust funds. This means that single unit trust fund will be able to offer multiple classes of units over a single investment pool, with each class of units having different features such as the fees and charges imposed and the currency in which it is denominated.

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Swisscash Refund, Act Now if You are a Victim


As per my post earlier regarding refund to the victims, if you one of them you have to act now in order to get at least part of your money that loss through swisscash investment scam. You have until 7pm, 10th February 2010 Malaysian  time to submit your claim.

Big thanks to Securities Commission (SC) as they have been putting a lot of afford to ensure the victims at least get back some of their money. I hope the victims and other general public should learn the lesson and not to involve in scam investments.

As mentioned earlier PricewaterhouseCoopers Advisory Services is the administrator to manage the restoration process for eligible investors.  They have setup the procedure on how to make the claim. Every claim must be using proper Statutory Declaration as to Proof of Claim Form.

Every submission should include the following:

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Swisscash Victims Can Make Claim Soon


Following the Securities Commision (SC) success to bring back RM31 million from the Swisscash Investment scam last November, SC has appointed PricewaterhouseCoopers Advisory Services Sdn Bhd as the administrator to manage the restoration process for eligible investors.

Within this week, PricewaterhouseCoopers Advisory Services will be issuing notices calling for claims from claimants and the detailed format and supporting documents required.

The notices will appear on the PricewaterhouseCoopers Advisory Services website and major newspapers, namely Berita Harian, Malaysia Nanban, News Straits Times, The Borneo Post, The Star, Sin Chew Daily and Utusan Malaysia.

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