This admission increases the present network to sixty four stockbroking companies providing stockbroking services to all investors at the KLSE.
Borneo Securities will be admitted as a member company of the Exchange and will begin trading with effect from Wednesday, 7 June 2000. Borneo Securities Holdings Sdn Bhd, which wholly owns Borneo Securities, will be admitted as a non-dealing member of the Exchange also with effect from 7 June 2000.
Based in Sibu, Sarawak, Borneo Securities will increase to three, the number of stockbroking operations in Sarawak. Presently, Sarawak Securities Sdn Bhd operates in Kuching, with a branch in Miri. With the expansion in KLSE’s network of stockbroking companies, investors in Sarawak will have greater access and opportunities to manage their investments.
