LOL now what’s wrong with this proposed trading link?

[ginfreely]

Proposed Singapore-Malaysia stock market trading link to be reviewed: Mahathir

TODAY file photo
Published06 JUNE, 2018
UPDATED 06 JUNE, 2018

PUTRAJAYA – Malaysia will review plans to set up a stock market trading link with Singapore, Prime Minister Mahathir Mohamad said on Wednesday (June 6) after a Cabinet meeting.

Plans for the link between Bursa Malaysia and Singapore Exchange were announced by then Malaysian Prime Minister Najib Razak in February. Both countries had aimed to set up the link by the end of this year.

The link would have allowed investors in both countries to trade and settle shares listed on each other's exchanges, and given them easier and seamless access to each other's markets with a combined market capitalisation of more than US$1.2 trillion (S$1.58 trillion) and 1,600 public listed companies.

The Monetary Authority of Singapore said in response to media queries that it had asked the Securities Commission Malaysia to "clarify its position" on the matter.

Malaysia would scrap the Kuala Lumpur-Singapore High Speed Rail (HSR) project in order to cut its national debt. He gave no details as to why he had decided to review the proposed link betwee

 

[ginfreely]

Proposed Singapore-Malaysia stock market trading link to be reviewed: Mahathir

TODAY file photo
Published06 JUNE, 2018
UPDATED 06 JUNE, 2018

PUTRAJAYA – Malaysia will review plans to set up a stock market trading link with Singapore, Prime Minister Mahathir Mohamad said on Wednesday (June 6) after a Cabinet meeting.

Plans for the link between Bursa Malaysia and Singapore Exchange were announced by then Malaysian Prime Minister Najib Razak in February. Both countries had aimed to set up the link by the end of this year.

The link would have allowed investors in both countries to trade and settle shares listed on each other's exchanges, and given them easier and seamless access to each other's markets with a combined market capitalisation of more than US$1.2 trillion (S$1.58 trillion) and 1,600 public listed companies.

The Monetary Authority of Singapore said in response to media queries that it had asked the Securities Commission Malaysia to "clarify its position" on the matter.

Malaysia would scrap the Kuala Lumpur-Singapore High Speed Rail (HSR) project in order to cut its national debt. He gave no details as to why he had decided to review the proposed link betwee

Will cost billions? Unfair terms? Didn’t include inflated interest?

 

[AhMeng]

This is your brain ... Get it? Lol

 

[syed putra]

Simple really. Corporste tax in sinkie lower than KL. KL vompanies eill relocate to sinkie especially those with extensive overseas sales or businesses. Najib's deal benefit sinkie but detrimental to KL.

 

[frenchbriefs]

Simple really. Corporste tax in sinkie lower than KL. KL vompanies eill relocate to sinkie especially those with extensive overseas sales or businesses. Najib's deal benefit sinkie but detrimental to KL.

What does that have to do with the stock market?

 

[garlic]

Simple really. Corporste tax in sinkie lower than KL. KL vompanies eill relocate to sinkie especially those with extensive overseas sales or businesses. Najib's deal benefit sinkie but detrimental to KL.

There is no need to be domiciled in the country where the company is listed. Tun M is more afraid of the capital outflow in the guise of share purchase as SGD$ are relatively stable as compared to $RM.

 

[ginfreely]

Simple really. Corporste tax in sinkie lower than KL. KL vompanies eill relocate to sinkie especially those with extensive overseas sales or businesses. Najib's deal benefit sinkie but detrimental to KL.

That’s the problem with you kiasu Malaysians. Everything is benefit sinkie detrimental to yourselves in your narrow brain and heart.

 

[ginfreely]

That’s the problem with you kiasu Malaysians. Everything is benefit sinkie detrimental to yourselves in your narrow brain and heart.

Oh yeah like I said Malaysians are always what they accused others to be. Call sinkies Kia su but actually they are the most Kia su themselves.

 

[ginfreely]

What does that have to do with the stock market?

Nothing. Just like zero interest also can inflate to 40b extra hsr cost.

 

[ginfreely]

There is no need to be domiciled in the country where the company is listed. Tun M is more afraid of the capital outflow in the guise of share purchase as SGD$ are relatively stable as compared to $RM.

He should be thankful for the link to introduce any new foreigner willing to buy Malaysia shares now. Didn’t the market just crash and nett foreign seller with highest volume transaction value?

 

[ginfreely]

Oh yeah like I said Malaysians are always what they accused others to be. Call sinkies Kia su but actually they are the most Kia su themselves.

LOL even the new attorney general Malaysian just called spore kiasuland in a public speech. That’s how shameless and arrogant Malaysians are!