Bursa Malaysia Berhad controversies
Controversies tied to this brand in public sources. A listing is not a finding of fault.
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1998
CLOB suspension and frozen Malaysian-share holdings
Malaysia's capital controls and changes to share-transfer rules effectively closed the offshore Central Limit Order Book for Malaysian counters traded in Singapore. Approximately 172,000 investors were affected, with their holdings frozen or otherwise restricted. The episode became a major Malaysia-Singapore financial and political controversy and raised questions about cross-border shareholder rights, settlement arrangements and the effects of emergency market regulation.
CLOB counter suspension and frozen investor holdings
KLSE fully suspended trading in Central Limit Order Book counters. The suspension froze approximately US$4.47 billion worth of shares and affected about 172,000 investors, most of them Singaporeans. The episode became a major cross-border market and investor-protection controversy involving the relationship between Malaysian and Singaporean securities markets.