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Concerns over higher trading costs
With the Securities Commission’s (SC) frank acknowledgement that it needs to relook its revenue model after another year of deficit, cost concerns are arising for investors of the Malaysian stock market.
FBM KLCI falls on continued downward bias
KUALA LUMPUR: After ending the session nearly flat yesterday, the FBM KLCI is poised to continue its consolidation with a downward bias ahead of the Nuzul Al-Quran holiday, said Apex Securities Research.
Smart Asia to issue 93.5mil shares, en route to ACE Market listing
KUALA LUMPUR: Smart Asia Chemical Bhd (Smart Asia) has signed an underwriting agreement with Mercury Securities Sdn Bhd for the company’s initial public offering (IPO) on the ACE Market of Bursa Malaysia Securities Bhd.