Malaysia's boldest takes on news, entertainment and buzz.
A former bank analyst has been handed a three-year prison sentence after being convicted of conducting unlicensed securities activities and fraudulently using a Unit Trust Consultant title to solicit investments.
The Securities Commission Malaysia has charged three brothers with conducting unlicensed securities trading across multiple Malaysian jurisdictions. The offences allegedly took place between March and October 2019.
Malaysia's Court of Appeal has unanimously affirmed a High Court judgment finding former WCT Bhd deputy managing director Goh Chin Liong and Ara Holdings director Leong Ah Chai liable for insider trading, upholding a RM5.83 million penalty.
Malaysia is actively courting Russian investors to bolster its Islamic finance sector, with plans for Central Asian market assessments and the export of shariah advisory expertise following interest from Tatarstan's leadership.
SK Hynix is preparing to raise up to $29.43 billion through an American Depositary Receipt listing on Nasdaq, marking a potential record for ADR offerings. The proceeds will fund new chip manufacturing facilities and equipment as demand for AI-related semiconductors accelerates globally.
MSCI has escalated concerns about Indonesia's market transparency, lowering its information flow rating and citing murky ownership data. The verdict next week could trigger a catastrophic downgrade to frontier status, potentially forcing $13 billion in outflows.
Lenovo is launching a US$2 billion convertible bond offering, its first in four years, to refinance existing debt and fund share buybacks amid improving market conditions.