Bina Puri Holdings Bhd has achieved its latest milestone, when its subsidiary, an Independent electricity producer PT Megapower Makmur (MPOW) made its debut on the Indonesia Stock Exchange (IDX) on Wednesday, making it the first Non-Government Link Company to successfully listed on the Indonesia Stock Exchange (IDX), Bursa Efek Indonesia.
“We are proud to be the first non-GLC from Malaysia successfully listed on IDX and the second (2nd) independent electricity power producer listed here,” said Datuk Matthew Tee, Director PT Megapower Makmur who is also the Group Executive Director of Bina Puri Holdings Berhad.
Securities Commission Malaysia (SC) last week entered into an Innovation Cooperation Agreement with the Australian Securities and Investments Commission (ASIC) to further promote innovation in financial services in their respective markets.
Under the agreement, SC and ASIC will work closely to share information on emerging trends and regulatory issues in digital finance. Both regulators will also facilitate referrals of innovative businesses seeking to operate in each other’s jurisdictions, as well as explore potential joint innovation projects relating to the application of new technologies.
Bursa Malaysia Berhad announced the issuance of new Listing Requirements (LR) and various amended rules for the Leading Entrepreneur Accelerator Platform (LEAP) Market.
The newly established market aims to provide small and medium-sized enterprises (SMEs) with fund raising access and visibility through the capital market.