News Centre

Bursa Malaysia Announces Additional Relief Measures To Provide Flexibilities In Fundraising And Ease Compliance For Listed Issuers

Date 16/04/2020

Bursa Malaysia Berhad (“Bursa Malaysia” or the “Exchange”) today announced additional relief measures to assist and support listed issuers in these trying and challenging times due to the COVID-19 pandemic. In this regard, the Exchange is pleased to announce that it has granted a further extension of time for listed issuers to submit its financial statements, accorded greater flexibility for fundraising through an increased general mandate limit for the new issue of securities, and provided additional relief to ease compliance to its rules.

NICE Actimize Provides Financial Services Organizations A Quick And Effective Response to the CARES Act With The Introduction Of KYC Xpress - The New KYC Xpress Cloud Solution Empowers Financial Institutions To Expedite Know-Your-Customer Processes To Address An Unprecedented Influx In Loan Applications Using Advanced Automation

Date 16/04/2020

Due to provisions in the recently enacted CARES Act, financial services organizations are facing an unprecedented influx of loan applications and the need to expedite Know-Your-Customer (KYC) operations and procedures, which are often manual and time consuming. To effectively address this critical need, NICE Actimize (Nasdaq: NICE), the leader in Autonomous Financial Crime Management, announces the launch of KYC Xpress, a cloud solution which automates manual KYC procedures, dramatically increasing the speed of KYC processes by more than 80 percent.

AIX CSD Performs First Securities Lending Transactions

Date 16/04/2020

Astana International Exchange Central Securities Depository (AIX CSD) announces that it performed its first securities lending transactions in two different listed securities and currencies. The GMSLA-based (Global Market Securities Lending Agreement) operations took place between Participants authorized for Securities Lending & Borrowing. The first transaction was successfully closed after two weeks.

Securities Commission Malaysia Announces Series Of Capital Market Measures To Support Businesses

Date 16/04/2020

The Securities Commission Malaysia (SC) today announced further reliefs for public listed companies (PLCs), and is considering additional measures to facilitate greater access to funding for small and midcap companies, as well as Micro, Small and Medium Enterprises (MSMEs).

Singapore Ministry Of Finance (MOF), Inland Revenue Authority Of Singapore (IRAS), Monetary Authority Of Singapore: New Measures To Help REITs Navigate Operating Challenges Posed By COVID-19

Date 16/04/2020

The Ministry of Finance (MOF), the Inland Revenue Authority of Singapore (IRAS), and the Monetary Authority of Singapore (MAS) today announced new measures to provide real estate investment trusts listed on the Singapore Exchange (S-REITs) with greater flexibility to manage their cash flows and raise funds amid a challenging operating environment due to COVID-19. These comprise an extension of the deadline for distribution of taxable income by MOF and IRAS, as well as a raising of the leverage limit and deferment of new regulatory requirements by MAS.

Previse Completes USD11m Funding Round Led By Reefknot Investments And Mastercard - Platform Processing Over 100,000 Invoices Per Day – Getting Critical Cashflow To SMEs

Date 16/04/2020

Previse, the leading artificial intelligence and data science fintech that gets suppliers paid instantly, announces an USD11 million funding round led by Reefknot Investments and Mastercard, with participation from existing investors Bessemer Venture Partners, Hambro Perks and Augmentum Fintech.

Shanghai International Energy Exchange Releases The Notice On The Adjustment Of Storage Fee Of Futures Crude Oil

Date 16/04/2020

Shanghai International Energy Exchange (hereinafter referred to as “INE”), subsidiary of Shanghai Futures Exchange，has released the Notice on the Adjustment of Storage Fee of Futures Crude Oil on April 16, 2020.

UK Financial Conduct Authority Data Show 6.02m Complaints In The Second Half Of 2019

Date 16/04/2020

Dalian Commodity Exchange: Egg Futures Realizes Largest Monthly Delivery Amount Since Listing

Date 16/04/2020

It was learnt that the Egg Contract 2003 of Dalian Commodity Exchange (DCE) has completed the delivery of 157 contracts and 785 tonnes, which is 4.8 times of that of the same period of last year and 3 times of that in the last month, presenting the largest delivery amount in a single month since its listing. Market participants generally believe that there is an increasing risk management demand in the egg industry as affected by the COVID-19 outbreak and DCE has intensified the support on convenient delivery service during the epidemic, ensuring the smooth delivery of Egg Contract 2003 and guaranteeing that enterprises can manage risks through derivatives and realize production resumption and stable operation during the epidemic.

Shanghai International Energy Exchange Approves Dalian PetroChina International Warehousing & Transportation Co., Ltd. To Add Designated Delivery Storage Facility Storage Point For Crude Oil Futures

Date 16/04/2020

Shanghai International Energy Exchange Co., Ltd, subsidiary of Shanghai Futures Exchange, has published the Notice on the Approval of Dalian PetroChina International Warehousing & Transportation Co., Ltd. for Adding Designated Delivery Storage Facility Storage Point for Crude Oil Futures on April 15, 2020. It has approved to add the storage point of Dalian PetroChina International Warehousing & Transportation Co., Ltd, located on No.31 New Port Nei Hai Nian Road, Dalian Bonded Area, Liaoning Province, as the storage point for crude oil futures, with an approved storage capacity of 1,200,000 m3 and an active storage capacity of 800,000 m3.