Chapter on Clob to close with little impact


  • Business
  • Saturday, 04 Jan 2003

THE Central Limit Order Book, known fondly or otherwise as Clob, will soon be put to rest. Scheme B of the Clob solution, implemented on Dec 31, marks the final denouement of a saga most will only be too happy to see buried for good. 

Under Scheme B, some 166 million shares, with a total value of RM293 million, would be released for trading on the Kuala Lumpur Stock Exchange (KLSE) on a weekly basis, over a nine-month period ending Sept 29, 2003.  

The Star Christmas Special Promo: Save 35% OFF Yearly. T&C applies.

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Ekovest, Lim Kang Hoo extend proposed CRSB acquisition to Jan 26
FBM KLCI breaks winning streak on profit-taking
China to rein in copper, alumina capacity expansion under next five-year plan
Record gold rally cools Indian buying; China discounts narrow
China's PBOC signals caution on rapid yuan gain as it nears key 7 mark
Asian equities eye strong weekly gains; Taiwan, S.Korea lead tech-driven surge
PETRONAS Gas announces revised RP3 gas tariffs
Oil rises slightly as market weighs supply risks
Gas Malaysia distribution tariff set at RM1.880/GJ/day under RP3
China's steady foreign trade growth expected to anchor global stability

Others Also Read