New Bursa Malaysia's Subsidiary, BMIS Sdn Bhd, To Drive Growth For Islamic Capital Market

Bursa Malaysia Berhad announced today the establishment of a new subsidiary, BMIS Sdn Bhd to house the operations and business activities of the Islamic Capital Market for the exchange. The establishment of a new subsidiary, which is a Shariah-compliant company, is focused on efforts to develop and promote the Malaysian Islamic Capital Market via progressive products and infrastructure.

BMIS Sdn Bhd was previously incorporated on 15 April 2009 as a private company limited by shares under the name of Komposite Prima Sdn Bhd and subsequently changed to its present name on 21 May 2009.

BMIS Sdn Bhd’s authorised share capital is currently RM100,000.00 divided into 100,000 shares of RM1.00 each. As at the date hereof, the issued and paid-up share capital is RM2.00 comprising two ordinary shares of RM1.00 each, which were acquired by Bursa Malaysia Berhad on 1 June 2009. Therefore, BMIS is a wholly-owned subsidiary of Bursa Malaysia Berhad.