On 16 April 2020, Bursa Malaysia Securities Berhad (“Bursa Malaysia”) announced additional relief measures for corporations whose shares are listed on Bursa Malaysia (“listed corporations”) to ease compliance and facilitate their capital raising during the challenging times triggered by COVID-19 pandemic and the inevitable movement restrictions ordered by the Malaysian Government.

In summary, the latest measures announced addressed compliance for submission of reports, increased of level of mandate of public corporations in issuing new securities and provided relief to listed corporations with unsatisfactory financial condition.

Please click here to download the infographic and here for more information on the additional measures.

The information is gathered from the sources below:-
  1. Bursa Malaysia Media Releases dated 15.04.2020
  2. Bursa Malaysia Media Releases dated 16.04.2020

For more insight into this area of law, please contact our Partners in the Corporate/Mergers & Acquisitions practice group:
Jerry Ong Kok Wah
Cathryn Chay
David Lee