Bursa Malaysia Recognised By U.S. As Approved Designated Offshore Securities Market

The United States Securities and Exchange Commission (U.S. SEC) has recognised Bursa Malaysia Securities Bhd. and the electronic trading platform operated by Bursa Malaysia Bonds Sdn. Bhd. as a "Designated Offshore Securities Market" under Regulation S* of the United States (U.S.) Securities Act of 1933.

U.S. based investors will be able to trade in all securities listed on Bursa Malaysia Securities, and Malaysian shelf listed bonds on Bursa Malaysia Bonds, so long as they satisfy the conditions of Regulation S.  

Prior to this, U.S. based investors who purchased or sold securities must take their own measures to ascertain that the purchaser is located outside U.S. as per the regulation requirements from the U.S. federal securities laws, unless the transaction is done via a designated offshore securities market and trades are not pre-arranged.  With this designation, U.S. based investors will now be able to trade the Malaysian securities market without the registration requirements imposed by the U.S. federal securities laws.

“While we already have the attention of key institutional investors from U.S. in this market, having this designation will ease trading processes for those investors based in U.S. We certainly welcome this recognition in facilitating trading between the two jurisdictions,” said Dato’ Yusli Mohamed Yusoff, Chief Executive Officer of Bursa Malaysia.

* An offer or sale of securities that satisfies the conditions of Regulation S is deemed to be within a safe harbour under U.S. federal securities law which allows such offers and sales to be exempted from registration obligations imposed under such laws.