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Bursa launches electronic subscription of rights issues
by Cals Fri 29 Mar 2013, 02:31
Bursa launches electronic subscription of rights issues
Business & Markets 2013
Written by Lee Wen Ai of theedgemalaysia.com
Thursday, 28 March 2013 16:39
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KUALA LUMPUR (Mar 28): Bursa Malaysia today announced the launch of eRights, bringing greater convenience to investors by facilitating the electronic subscription and payment system when subscribing for rights issues.
Individual shareholders will be able to subscribe for rights issues via ATM and internet banking facility, similar to the current practice for electronic IPO applications via electronic share application.
"We are determined to elevate our marketplace to firmly position Bursa Malaysia as the leading marketplace in the region," said Bursa's CEO Datuk Tajuddin Atan.
"Already we are leading as ASEAN's Multinational Marketplace and other unique and distinct market segments such as palm oil and Islamic, which clearly differentiates us from other exchanges," he said in a statement.
Business & Markets 2013
Written by Lee Wen Ai of theedgemalaysia.com
Thursday, 28 March 2013 16:39
A + / A - / Reset
KUALA LUMPUR (Mar 28): Bursa Malaysia today announced the launch of eRights, bringing greater convenience to investors by facilitating the electronic subscription and payment system when subscribing for rights issues.
Individual shareholders will be able to subscribe for rights issues via ATM and internet banking facility, similar to the current practice for electronic IPO applications via electronic share application.
"We are determined to elevate our marketplace to firmly position Bursa Malaysia as the leading marketplace in the region," said Bursa's CEO Datuk Tajuddin Atan.
"Already we are leading as ASEAN's Multinational Marketplace and other unique and distinct market segments such as palm oil and Islamic, which clearly differentiates us from other exchanges," he said in a statement.
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