GENERAL

BURSA MALAYSIA LAUNCHES BURSA RESEARCH INCENTIVE SCHEME

 |  Tuesday, 29 March 2022 11:08  |  Published in GENERAL

Kuala Lumpur, 29 March 2022 – Bursa Malaysia Berhad (“Bursa Malaysia” or the  “Exchange”) today launched the Bursa Research Incentive Scheme (Bursa RISE)  which aims to improve the trading velocity and corporate profile of participating  public-listed companies (PLCs) through research coverage and marketing activities.  Carried out by licensed research houses, the programme’s goal is to create better  appreciation of the PLC’s fundamentals, leading to better value recognition for the  companies.  

“Bursa RISE is an initiative in line with the evolving capital market landscape where investors seek greater stakeholder engagement and more transparent  communication,” said Datuk Muhamad Umar Swift, Chief Executive Officer of Bursa  Malaysia. “With the increasing emphasis on sustainable practices, I believe Bursa  RISE will help participating PLCs raise the bar in corporate governance, transparency  and disclosure through more frequent and meaningful stakeholder engagements.” 

The 17th Biennial Defence Services Asia Featuring Italy’s Best Defence System is Back in Kuala Lumpur

 |  Tuesday, 29 March 2022 11:05  |  Published in GENERAL

KUALA LUMPUR, 29 MARCH 2022 – Stepping into the limelight, the Italian Trade Agency (ITA) will once again be showcasing Italy’s best at the Biennial Defence Services Asia (DSA) exhibition and conference. Displaying the most advanced technologies in the defence industry, the conference is back after a four-year hiatus due to the Covid-19 pandemic. 

As one of the most recognised defence systems in the world, ITA is back to exhibit the best defence system Italy has to offer and the DSA platform allows it to display Italian equipment to a worldwide audience. 

Bursa Malaysia Disburses Zakat Wakalah Grants to Six Charities

 |  Tuesday, 29 March 2022 11:01  |  Published in GENERAL

Kuala Lumpur, 29 March 2022 – Bursa Malaysia Berhad (“Bursa Malaysia” or the  “Exchange”) today awarded six charities a total of RM250,125 arising from the Zakat  Wakalah returned by the Pusat Pungutan Zakat (“PPZ”). These charities were  selected based on the Zakat Wakalah Distribution Guideline where applicants must meet the criteria set by PPZ, as well as the eight conditions set to be declared as  “Asnaf”. A total of six charities were selected, out of twenty applicants who applied  for the disbursement, which will use the fund for activities benefiting the  unfortunate. 

Among those selected are charities involved in upskilling marginalised or displaced communities, flood relief activities and agriculture entrepreneurship. The Exchange  also set additional criteria where the applicants should focus on high impact projects  aligned to the United Nations Sustainable Development Goals.  


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