Regulators to talk on shorter hours

Bursa: Industry is divided on the proposal

KUALA LUMPUR: Bursa Malaysia Bhd will soon meet with the Securities Commission (SC) to discuss the possibility of implementing shorter trading hours, following a discussion with the industry players.

Bursa chief market operations officer Devanesan Evanson said the feedback from industry associations and market participants indicated the industry was divided on the proposed shorter trading hours. ...

Tabung Haji buys 40m Progressive Impact shares

KUALA LUMPUR: Lembaga Tabung has raised its stake in Progressive Impact Corporation Bhd to 65 million shares after its recent acquisition of 40 million shares.

A filing with Bursa Malaysia showed the pilgrimage fund had acquired the 6.07% stake on Nov 26. The acquisition boosted its shareholding to 9.88% ....