Malaysia's Securities Commission announces series of capital market measures to support businesses
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).
“With this Covid -19 pandemic, we are confronting a situation that none of us has experienced in our lifetimes. It requires measured responses that consider the longer term impact on our market and its participants, beyond this immediate crisis,” said Datuk Syed Zaid Albar, Chairman of the SC.
Speaking to journalists during the announcement of the SC’s Annual Report for 2019, Syed Zaid added: “While the world comes together to combat this public health emergency, we have taken proactive measures to ensure that markets continue to operate in an orderly manner, as access to funding is vital to maintain confidence and ensure the long-term recovery of the market.”
Free, in under 30 seconds
Join thousands of professionals reading Salaam Gateway — the Global Islamic Economy Gateway.
Already a member? Sign in
- 5 free articles every month
- Weekly Islamic-economy newsletter
- Save articles to read later
Press Release