Malaysia stock exchange looks at self listing

The head of the Malaysian Securities Commission has announced that he is looking to list the Malaysian stock exchange - on its own board.

Impressed by the Australian Stock Exchange's ASX float on its own exchange, Malaysia was looking at possible similar move itself, according to the head of the Malaysian Securities Commission.

Commission chairman Ali Abdul Kadir today told delegates at the World Economic Forum that consideration of a float of the Malaysian stock exchange was part of a 10-year plan to develop its capital markets following the 1997-98 Asian financial crisis.

Now that we have more or less recovered from the crisis I have initiated a capital market strategy to take the planning of the market for the next 10 years to the next level, he said.

And one of the things that we do look...

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