KUALA LUMPUR (Bernama) -- The Securities Commission Malaysia (SC) and Bursa Malaysia have introduced a temporary relief measure allowing eligible listed issuers to obtain mandated shareholder approval at a general meeting to undertake rights issue exercises.
In a joint-statement today, SC and Bursa Malaysia said the temporary flexibility to allow expedited right issue exercises by Public Listed Companies (PLCs) and listed real estate investment trusts (REITs) would be initiated via an enhanced rights issue framework.
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