Bursa Malaysia Berhad has implemented Intraday Short Selling (IDSS) for all investors as part of the Exchange’s strategy to boost market liquidity.
This follows the announcement by Prime Minister Datuk Seri Najib Razak on February 6 at the World Capital Market Symposium held in Kuala Lumpur of measures to enhance vibrancy and stimulate greater trading activity in the stock market.
Tri-Mode System Bhd an integrated logistics service provider in Malaysia, recently signed an official underwriting agreement with TA Securities Holdings Berhad and Kenanga Investment Bank Berhad for its Initial Public Offering (IPO) on the ACE Market of Bursa Malaysia Securities Berhad.
TA Securities will act as the Company’s Principal Adviser, Sponsor, Managing Underwriter, Joint Underwriter and Placement Agent while Kenanga is the Joint Underwriter for the IPO. In addition, ZJ Advisory Sdn Bhd has been appointed as the Financial Adviser for this listing exercise.
Tariff negotiations have yet to start and broader equity market swings have become a new way of life. If the United States follows through on President Donald Trump’s threat to slap tariffs on an additional $100 billion of Chinese goods, investors fear that this tit-for-tat action could escalate. Fortunately for call warrant traders, volatility is always welcome.
“Responding to market demand, these 24 new warrants from 6 sectors will provide trading opportunities in a volatile market,” said Kenanga Investment Bank Berhad executive director and head of group equity broking, Lee Kok Khee.