Page 40 - Introduction To Investment Management
P. 40

Lumpur Stock Exchange Berhad and the Stock Exchange of Singapore.  On April 14, 2004,
                     Kuala Lumpur Stock Exchange was renamed as Bursa Malaysia Berhad.



                     1930  First formal securities business organisation established in Malaysia - the Singapore
                           Stockbrokers' Association

                     1937  Re-registered as the Malayan Stockbrokers' Association


                     1960  The Malayan Stock Exchange was established, and the public trading of shares
                           commenced. The board system had trading rooms in Singapore and Kuala Lumpur,
                           linked by direct telephone lines.

                     1964  The Stock Exchange of Malaysia was established.

                     1965  The Stock Exchange of Malaysia became known as the Stock Exchange of Malaysia
                           and Singapore, with the secession of Singapore from Malaysia in 1965.

                     1973  The Stock Exchange of Malaysia and Singapore was divided into the Kuala Lumpur
                           Stock Exchange Berhad and the Stock Exchange of Singapore with the cessation of
                           currency interchangeability between Malaysia and Singapore.

                     1976  The Kuala Lumpur Stock Exchange was incorporated on December 14, 1976, as a
                           company limited by guarantee and took over the operations of the Kuala Lumpur
                           Stock Exchange Berhad (KLSEB) in the same year.


                     1994  The Kuala Lumpur Stock Exchange was renamed ‘Kuala Lumpur Stock Exchange’.

                     1997  The Shariah-compliant securities list is introduced in June by the Shariah Advisory
                           Council (SAC) of the Securities Commission of Malaysia (SC). Shariah-compliant
                           securities are securities which are screened against a clear set of guiding principles.

                     1999  Launch of Kuala Lumpur Shariah Index (KLSI) in April to meet the demands from
                           investors seeking Shariah-compliant investments. It acts as a benchmark for tracking
                           the performance of Shariah-compliant securities.

                     2004  On April 14, 2004, Kuala Lumpur Stock Exchange changed its name to Bursa
                           Malaysia Berhad, following a demutualisation exercise, the purpose of which was to
                           enhance competitive position and to respond to global trends in the exchange
                           sector by making the Exchange more customer-driven and market-oriented.

                     2005      •   On 18 March 2005, Bursa Malaysia listed on the Main Board of Bursa
                                  Malaysia Securities Berhad.

                        Source: Bursa Malaysia, Corporate History.2017.











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