<div class=newsTextDataWrapInner><p><span style="font-style: italics;">This article first appeared in The Edge Financial Daily on May 7, 2019</span></p></div><div class=newsTextDataWrapInner><p>KUALA LUMPUR: Bursa Malaysia Bhd is exploring the use of blockchain in securities borrowing and lending (SBL) via a proof-of-concept project with several major SBL players here.</p></div>

<div class=newsTextDataWrapInner><p>“The project aims to ramp up efficiency, speed and capacity in securities lending supply and borrowing demand (the lending pool),” Bursa Malaysia said in a statement yesterday.</p></div><div class=inPageAd id=div-gpt-ad-inpage></div>

<div class=newsTextDataWrapInner><p>Affin Hwang Investment Bank Bhd, CIMB Investment Bank Bhd, Citibank Bhd, Kumpulan Wang Persaraan (Diperbadankan) and Malacca Securities Sdn Bhd are collaborating with the stock exchange operator on the development of the blockchain-enabled lending pool to suit industry-specific needs, cost and efficiency pressures, it added.</p></div>

<div class=newsTextDataWrapInner><p>It is the first proof-of-concept of its kind to be launched in the Asean region, Bursa Malaysia said.</p></div>

<div class=newsTextDataWrapInner><p>“Developed in partnership with Bursa Malaysia’s technology partner Forms Syntron Information (HK) Ltd (FORMS), the proof-of-concept will involve a diverse range of SBL market participants,” the stock exchange operator said. FORMS is a wholly-owned subsidiary of Shenzhen Stock Exchange-listed Shenzhen Forms Syntron Information Co Ltd.</p></div>


KUALA LUMPUR: Bursa Malaysia Bhd is exploring the use of blockchain in securities borrowing and lending (SBL) via a proof-of-concept project with several major SBL players here.

“The project aims to ramp up efficiency, speed and capacity in securities lending supply and borrowing demand...

Bursa Malaysia testing use of blockchain in securities lending

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Voice TV, a television station owned by former Prime Minister Thaksin Shinawatra’s family, is set to cease operations next month and lay off about 200 employees including journalists, local media Thai PBS reported.

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BERN (April 26): Climate campaigners picketed the Swiss National Bank's (SNB) shareholders meeting on Friday to protest against the central bank's investments in companies they say damage the environment and carry out fracking.

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The Bank of Japan (BOJ) largely left its monetary policy settings unchanged on Friday, which the market will see as a dovish move and likely to lead to further yen weakness, analysts say.

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KUALA LUMPUR (April 26): China will firmly support Malaysia in pursuing a development path suited to its national conditions, and support Malaysia’s Prime Minister Datuk Seri Anwar Ibrahim in promoting the principle of "Malaysia Madani" in governance.

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PARIS (April 26): French energy giant TotalEnergies posted a 22% decline in first-quarter earnings versus a year earlier on Friday, as higher refining margins only partly offset a steep decline in profits from natural gas.

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<p>The Securities Commission Malaysia (SC) has updated its Investor Alert List.</p>


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<p>Mercury Securities Sdn Bhd has valued ACE Market-bound Sin-Kung Logistics Bhd at 14 sen based on a 14 times financial year 2025 (FY2025) earnings per share forecast of one sen.</p>


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<p>The Malaysian Anti-Corruption Commission (MACC) has given businessmen Mirzan Mahathir and Tan Sri Mokhzani Mahathir a 30-day extension from Friday to declare their assets to the anti-graft body.</p>


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<p>Pavilion Real Estate Investment Trust rose to its highest in more than a month&nbsp;after the release of its first-quarter results, while analysts expect the REIT, which mainly manages shopping malls, to benefit further from higher tourist arrivals.</p>
