Bursa Malaysia expands ‘approved securities’ criteria to boost market vibrancy

Bursa Malaysia CEO Datuk Muhamad Umar Swift.

KUALA LUMPUR: Bursa Malaysia Bhd has expanded its criteria for approved securities by reducing the daily market capitalisation requirement to RM200mil from RM500mil, effective today.

“The revision is part of Bursa Malaysia's ongoing commitment to fostering a dynamic and vibrant market, by offering market participants a broader selection of approved securities aimed at meeting investors’ evolving needs,” the stock exchange operator said in a statement.