This section provides all capital market announcements related to Covid-19 and the Movement Control Order (MCO) issued by the SC and other financial authorities.
The Securities Commission Malaysia (SC) today confirms some targeted flexibilities in relation to the time limits specified in our regulatory requirements. This will give firms temporary relief arising from the current Movement Control Order 3.0 commencing from 1 June 2021 to address the coronavirus (Covid-19) pandemic in Malaysia.
The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) today provided further details on the additional relief measures under the PEMERKASA Strategic Programme announced by the Prime Minister on 17 March 2021.
The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) today announced temporary relief measures for listed issuers in addition to those introduced in 2020 [1]. These additional measures will allow listed issuers more time to prepare their financial statements and put in place regularisation plans amid the Covid-19 pandemic.
This Guidance and FAQs on the Conduct of General Meetings for Listed Issuers (Guidance Note) was first issued by the Securities Commission Malaysia (SC) on 18 April 2020 with the enforcement of the Movement Control Order (MCO). Please click the links below for the revised Guidance Note and Application Form for Time Limited Travel Exemption (Fully Virtual General Meeting)
The Securities Commission Malaysia today issued an update of the Guidance Note on the Conduct of General Meetings for Listed Issuers (Guidance Note) in line with the Conditional Movement Control Order (CMCO) which takes effect in Sabah, Selangor, Wilayah Persekutuan Kuala Lumpur and Putrajaya from 13 to 27 October 2020. The Guidance Note highlights that a general meeting conducted in states or districts under CMCO shall be conducted in a fully virtual manner only, where all shareholders participate in the meeting online.
The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) have extended the temporary relief measures relating to margin financing to 31 December 2020. The relief measures, which took effect on 27 March 2020, are due to expire on 30 September 2020.
The Securities Commission Malaysia (SC) announced today that it will temporarily increase the gearing limit for Malaysian real estate investment trusts (M-REITs) from 50% to 60%, effective immediately, until 31 December 2022.
The Securities Commission Malaysia (SC) issued guidance today for capital market participants (CMPs) , outlining health and safety measures to be taken in planning and managing their return to operations at full capacity. This follows the Government’s announcement to restart the economy from 4 May 2020 onwards.
The Securities Commission Malaysia today introduces flexibilities in complying with the requirements under Capital Markets and Services Act 2007 (CMSA) and Rules on Take-overs, Mergers and Compulsory Acquisitions (Rules) during the Movement Control Order (MCO) period.
The Securities Commission Malaysia today issued a Guidance Note on the Conduct of General Meetings for Listed Issuers (Guidance Note) and stated that listed issuers shall only conduct fully virtual general meetings during the Movement Control Order (MCO) period.
In addition to the flexibilities accorded on 20 March 2020, the SC is granting further extensions or flexibilities to licensed and registered persons, as part of the SC’s wider relief package for the capital market in support of the Government’s measures to contain the spread of COVID-19.
The Securities Commission Malaysia (SC) today announced further reliefs for public listed companies (PLCs), and is considering additional measures to facilitate greater access to funding for small and midcap companies, as well as Micro, Small and Medium Enterprises (MSMEs).
The Securities Commission Malaysia (SC)’s Audit Oversight Board (AOB) today issued a circular to auditors and audit committees regarding the importance of ensuring high quality of audit on financial reports of Public Interest Entities (PIEs) in light of the challenges posed by the Covid-19 pandemic.
The Securities Commission Malaysia (SC) announced today that it has approved additional measures by Bursa Malaysia Berhad (Bursa Malaysia) to assist market participants in this volatile and challenging market environment.
The Securities Commission Malaysia (SC) announced further relief measures today, which will immediately benefit 231 licensed entities, 30 registered audit firms and 9663 licensed individuals.
The Securities Commission Malaysia (SC) today announced that it will grant flexibilities for capital market participants in meeting selected regulatory requirements, in view of Covid-19 and the implementation of the Movement Control Order (MCO) between 18 to 31 March 2020.
Following the introduction of the Movement Control Order (MCO) that will take effect 18 to 31 March 2020 (Restricted Period), the Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa) are allowing listed issuers greater flexibility on the timing of annual general meetings (AGMs) and issuance of quarterly and annual reports.
The Securities Commission Malaysia (SC) is working with the Government and other relevant parties to implement capital market-related measures announced in the economic stimulus package by YAB Tun Dr Mahathir Mohamad.
The Securities Commission Malaysia (SC) today cautions the public to be on the alert for any individuals or entities that may try to take advantage of the latest developments of Covid-19 to entrap them into investing in illegal investment schemes.
Following the issuance of a Standard Operating Procedure (SOP) for the Capital Market sector during the Enhanced Movement Control Order (EMCO) by Majlis Keselamatan Negara (MKN) dated 13 July 2021, the following capital market participants (CMPs) and their chain of critical service providers have been recognised as essential services in the currently enforced EMCO areas:
Securities and derivatives brokers;
Fund management and unit trust management companies;
The Securities Commission Malaysia (SC) affirms that the capital market will continue to remain open and operate as usual within normal trading hours throughout the total lockdown period announced by YAB Prime Minister on 28 May 2021.
The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) will reinstate market management and control mechanisms, namely the dynamic and static price limits for FBMKLCI Index Component Stocks and the Bursa Malaysia Circuit Breaker trigger levels, to their original parameters on 31 May 2021.
Capital market entities supervised, licensed or registered by the Securities Commission Malaysia (SC) shall operate in accordance with the applicable standard operating procedures (SOPs) issued by the authorities during the Emergency Ordinance and various forms of Movement Control Order (MCO) period. This follows on from the statement yesterday by the Minister of Finance that the capital market remains open during this period as it supports the resilience and recovery of the Malaysian economy.
The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) have decided to further extend the temporary suspension of short-selling to 31 December 2020.
The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) have extended the temporary suspension of short-selling to 30 June 2020.
In view of the unprecedented and volatile market conditions arising from the Covid-19 pandemic, the Securities Commission Malaysia (SC) has reminded fund management and unit trust management companies of their obligations to act in the best interest of investors at all times and ensure fair treatment of their clients.
The Securities Commission Malaysia (SC) and Bursa Malaysia Berhad (Bursa Malaysia) today announced that short-selling will be temporarily suspended until 30 April 2020.
Containing Covid-19 is a top priority for the Government, facilitated by a fully-functioning financial system, including the stock market. The regulators, Exchange and market participants can fully function and support the marketplace while abiding by the Movement Control Order.
The Securities Commission Malaysia (SC), as the regulator of the capital market remains operational during the Movement Control Order (MCO) from 18 March until 12 May 2020. Continuous trading and market operation are maintained, to facilitate issuers, market participants and investors to manage their risks and opportunities during this period. The SC will remain vigilant and will continue to monitor the ongoing developments to proactively manage risks in the marketplace and will introduce additional precautionary measures as appropriate, in order to maintain market integrity.
Infographics - Capital Market Measures for Business and Industry
Infographics - Covid-19: Capital Market Operations and Relief Measures
