Bursa Malaysia introduces eRights and NRS e-services to enhance trading environment
MALAYSIA: Bursa Malaysia on Thursday launched eRights which allows individual shareholders to subscribe Rights issue via ATM and internet banking facility of participating banks, similar to the current practice for electronic IPO applications via Electronic Share Application (ESA). In addition, Bursa Malaysia also introduced the Nominee Rights Subscription (NRS) e-services to facilitate the electronic Rights subscription and payment for nominees companies. The new initiatives will provide a more facilitative trading environment to attract more investors and Issuers, says by Dato’ Tajuddin Atan, CEO at Bursa Malaysia.
