In this sub unit, you have learnt the knowledge of securities markets where not only private and foreign corporations can raise long-term funds.
In addition, you have learnt new stock or bond issues are sold to investors via a mechanism known as underwriting or initial public offer. You noticed that Malaysia’s vision for its capital market commenced in 2001 with the unveiling of its Capital Market Master Plan and in 2011 the Capital Market Master Plan Phase II was launched.
You should have noted the presence of Listing Requirements which is regulated by Bursa Malaysia, is a corporate governance model which is important for BM to enable responsibility, accountability, transparency and fairness.
| Self-test 5.3
|Question to self-test 5.3||Suggested answers to self-test 5.3|