Bursa Malaysia

Bursa Malaysia is the stock exchange of Malaysia. It based in Kuala Lumpur and previously known as the Kuala Lumpur Stock Exchange (KLSE). It provides a full integration of transactions, offering a wide range of currency exchange and related services including trading, settlement, clearing and savings services.[3]

Bursa Malaysia
Logo Bursa Saham.png
Börse Kuala Lumpur.jpg
TypeStock exchange
LocationExchange Square, Kuala Lumpur, Malaysia
Founded1964
Key peopleAbdul Wahid Omar(Chairman)[1]
Muhamad Umar Swift(CEO)[2]
No. of listings801
Market capUSD$397.39 billion
Websitewww.bursamalaysia.com

HistoryEdit

Bursa Malaysia establishment began in 1930 when the Singapore Stockbrokers Association was established as an official organization of securities in Malaya. In 1937, it was re-registered as Stockbrokers' Association of Malaya, but it still not trade the public shares. In 1960, the Malayan Stock Exchange was formed and public trading starts on May 9 at the same year. In 1961, a board system was introduced in two trading places where one in Singapore and one Kuala Lumpur.

The Malaysian Stock Exchange was formally formed in 1964 and in the following year, with the separation of Singapore from Malaysia, the stock exchange continued to function under the Malaysian and Singapore Stock Exchange (MSSE). In 1973, with the termination of currency exchange between Malaysia and Singapore, MSSE split into two which is the Kuala Lumpur Stock Exchange (KLSE) and the Stock Exchange of Singapore (SES).[4]

Kuala Lumpur Stock Exchange (KLSE) was renamed Bursa Malaysia in 2004 and it consists of a Main Board, a Second Board and MESDAQ (now ACE Market).[5]

See alsoEdit

ReferencesEdit

  1. ^ "DATUK SHIREEN MUHIUDEEN NAMED AS NEW NON-EXECUTIVE CHAIRMAN OF BURSA MALAYSIA". Retrieved 10 April 2019.
  2. ^ "DATUK MUHAMAD UMAR SWIFT APPOINTED AS CHIEF EXECUTIVE OFFICER OF BURSA MALAYSIA". Retrieved 10 April 2019.
  3. ^ "INVESTMENT IN MALAYSIA". Asia Times. Archived from the original on 9 August 2002. Retrieved 10 December 2012.CS1 maint: unfit URL (link)
  4. ^ "Bursa Malaysia history". Archived from the original on 19 April 2007.
  5. ^ "South East Asian Capital Market Leaders Pursue Sustainable Business Agenda". SSE Initiative. SSE Initiative. Retrieved 23 May 2015.

External linksEdit