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Felda settlers will benefit from the proposed listing of Felda on the KLSE by end of the year.
Malaysians should have confidence and be prepared to invest in the KLSE to attract bigger foreign participation, Datuk Seri Abdullah Ahmad Badawi said.
The effects of the free-falling oil prices hit the ringgit and the stock market, with the Malaysian currency declining to a four-year low and the Bursa recording its worst performance since mid-October. Oil and gas counters saw some RM8bil in paper wealth wiped out. In the stock exchange, 981 counters saw red numbers while only 82 made gains.
Businessman Datuk Soh Chee Wen has been fined RM6mil after pleading guilty to two charges of abetting in the submission of false statements to the Kuala Lumpur Stock Exchange (KLSE) relating to 44,592,000 Omega Holdings Bhd shares.
A former director of a public listed company has been ordered to enter his defence for submitting a false statement to the Kuala Lumpur Stock Exchange (KLSE) over the disposal of three subsidiaries to a purchasing company.