Bursa extends validity period of 20% general mandate to Dec 31, 2022

KUALA LUMPUR: Bursa Malaysia Bhd has announced another 12 months extension of the temporary relief measures to provide flexibility for fundraising.

The exchange said the increased general mandate of 20% for new issue of securities by way of private placement (20% general mandate) and the general mandate of 50% based on a pro-rata entitlement for new issue of securities by way of rights issue (pro rata 50% general mandate), each of which would have expired on Dec 31.