KUALA LUMPUR: Bursa Malaysia Securities Berhad has issued a consultation paper inviting public feedback on proposed amendments to its Listing Requirements (LR) for the Main Market, ACE Market, and LEAP Market.
The amendments aim to align the LR with the Companies (Amendment) Act 2024, which now extends corporate rescue mechanisms—namely judicial management (JM) and corporate voluntary arrangement (CVA)—to listed issuers. The Exchange proposes mandatory disclosure of material information on JM and CVA to enhance transparency and keep investors informed.
Additionally, Bursa Malaysia is proposing an exemption for certain joint venture transactions from being classified as related party transactions, provided specific safeguards are met. This aims to strike a balance between investor protection and business efficiency.
The proposed changes reflect the Exchange’s continued efforts to maintain a relevant and balanced regulatory framework in response to market developments.
The public can review the full consultation paper and submit comments by 10 July 2025 via Bursa Malaysia’s website.
