KUALA LUMPUR – The following are the highlights of the Securities Commission Malaysia (SC) Annual Report 2020 released yesterday.
The report aims to promote and maintain fair, efficient, secure, and transparent securities and derivatives markets, as well as to facilitate the orderly development of an innovative and competitive capital market.
– SC to continue focusing on maintaining market integrity and further facilitate innovation in 2021
– SC completed investigation on Goldman Sachs, received US$3.9 billion 1MDB settlement
– SC froze assets worth RM169.22 million under first online injunction during the Movement Control Order (MCO)
– Malaysia’s capital market rose to RM3.4 trillion in 2020 despite a challenging environment
– Bursa Malaysia saw 19 new listings with a market cap of RM11.9 billion in 2020
– Malaysia’s outstanding bonds up 8% to RM1.61 trillion in 2020
– Capital raised for equity crowdfunding grows 457% in 2020
– Islamic capital market constituted 65.85% of the overall capital market in Malaysia as at December 2020
– SC examined 80 applications in relation to takeovers, merger, and acquisition (M&A) in 2020
– A total of RM11.70 billion committed funds for private equity and venture capital segments in 2020
– Healthcare, tech sectors outperform most on Bursa Malaysia due to COVID-19-induced demand
– Total asset under management of licensed fund management companies rises 9.99% to RM905.46 billion in 2020
– The Capital Markets Services Licence (CMSL) holders for financial planning, investment advice stood at 238 in 2020
– Up to 68% intermediaries display good level of compliance, adequate anti-corruption framework in 2020
– 2020 saw 70 pct increase in investors’ complaints and enquiries related to scams
– SC joined information-sharing sessions to identify, mitigate COVID-19 issues in 2020
– SC strove to ensure market stability and continuity during pandemic
– SC saw increased retail participation in equity market in 2020
– Digital assets resolutions of SC’s Shariah Advisory Council mark a significant milestone for Islamic capital market community.
– The number of private retirement schemes remained unchanged with 12 schemes in 2020
– The COVID-19 containment measures induce potential risks to public-listed companies’ sustainability
Gender diversity on boards sees slight improvement in 2020