Bursa Malaysia sells CME Group shares for RM73.4m


“The proceeds from the disposal will be utilised for the acquisition of the 25% equity interest in Bursa Malaysia Derivatives Bhd from CME Group Strategic Investments LLC as announced on Sept 18,” Bursa Malaysia said.

KUALA LUMPUR: Bursa Malaysia Bhd has disposed of 85,000 shares of CME Group Inc in the open market on the Nasdaq Stock Market for US$17.57mil or RM73.44mil cash.

The stock exchange operator said on Monday the CME Group Class A common stock were disposed of from Nov 20 to 22. The disposal consideration was based on the prevailing market price at the point of disposal, it added.

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