Bursa Malaysia

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Bursa Malaysia is a Malaysian exchange company under Section 15 of the Capital Markets and Services Act 2007 and the most important stock exchange in Malaysia. Bursa Malaysia operates a fully integrated exchange, offering the complete width publicly typical services, including trading, market clearing, settlement and custody services.

History

The origin of the Bursa Malaysia, as " Kuala Lumpur Stock Exchange" before ( KLSE, Malay: Bursa Saham Kuala Lumpur ) is known, dates back to 1930 when the Singapore Stockbrokers ' Association was established as an official organization to securities in British Malaysia to act. As such, they presented the first official securities trading company in Malaysia is at all, but it was not until 1937, registered under the name Malayan Stockbrokers Association. The Malayan Stock Exchange was finally established in 1960, and followed for its establishment soon the beginning of the public stock trading. The Malayan Stock Exchange had trading rooms in Singapore and Kuala Lumpur, which were connected directly to each other via telephone cable.

In 1964 the Stock Exchange of Malaysia was established. With the secession of Singapore from Malaysia in 1965, the Stock Exchange of Malaysia was renamed the Stock Exchange of Malaysia and Singapore. In 1973, the monetary fungibility between Malaysia and Singapore ceased, the Stock Exchange of Malaysia and Singapore in the Kuala Lumpur Stock Exchange Berhad and the Stock Exchange of Singapore was divided. The Kuala Lumpur Stock Exchange, which was registered on 14 December 1976 as a Limited, took over the same year the business of the Kuala Lumpur Stock Exchange Berhad.

As part of an attempt to better survive the Asian crisis of 1997, the stock market halted trading of Central Limit Order Book ( CLOB ) switches completely, leading to a temporary freezing of shares worth approximately U.S. $ 4.47 billion led, of which approximately 172,000 investors were affected, including most Singaporeans.

On 14 April 2004, the Kuala Lumpur Stock Exchange was due to a demutualization of Bursa Malaysia Berhad renamed, whose purpose was to improve the competitive position of the stock market and to respond to global trends in the exchange sector by the stock exchange, customer-friendly and market-oriented restructured. The Bursa Malaysia Berhad consisted of a Main Board, a Second Board and MESDAQ with a total market capitalization of 700 billion MYR (about 189 billion USD).

The Bursa Malaysia has since focused on different initiatives whose aim was to improve its product and service offerings in order to increase liquidity and speed of their markets, to improve the efficiency of their business and to achieve economies of scale as part of their operation. On 18 March 2005, Bursa Malaysia was listed on the Main Board of Bursa Malaysia Securities Berhad with a 17% premium or a premium of 0.50 RM on their trading price of 3.00 RM.