SECURITIES listed on the KLSE second board and all new initial public offers (IPOs) will be traded in standard board lots of 100 units effective April 7.
The KLSE said that this would be the first of four stages of its implementation plan for the trading of securities in standard board lot of 100 units. The exercise will be done in four stages to ensure the maintenance of an orderly market, it said in a statement yesterday. The standardisation of all four stages will be completed by June 2003.
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