Bursa Announcement Settlement Agreement
This partnership includes licensing the settlement prices of the Crude Palm Oil Futures (FCPO) contract and facilitating the global distribution of Bursa Malaysia Derivatives contracts through the CME Globex electronic trading platform. In addition to improving accessibility, the partnership increases the presence of Malaysian reference derivatives worldwide. BMD News: Record volume one year after migration to CME Globex, additional FCPO spreads, PTLC introduction and e-commerce About Bursa Malaysia Berhad Bursa Malaysia Berhad is one of Asia`s largest stock exchanges with around 1,000 listed companies offering the world a wide range of investment opportunities. Bursa Malaysia operates a fully integrated exchange and offers a full range of stock exchange services, including trading, clearing, settlement and deposit services. (b) In view of the additional time required for Utusan to obtain the aforementioned valuation notice before it can make an announcement regarding the contract of sale between the owner and Nylex, the parties have agreed to induce Utusan to perform the Trax property transfer agreement before July 31, 2019 or at a later date agreed in writing by all parties. Yesterday, top Glove announced in a Bursa Malaysia depot that Top Glove and its subsidiaries Top Care and Aspion have entered into the transaction agreement with Adventa, ACPL Sdn Bhd, Low Chin Guan, Wong Chin Toh and Kwek Siew Leng (jointly known as adventa parties) in order to record the transaction terms applicable to the purchase of Aspion. With regard to the above-mentioned question, we refer to your company`s communication of 27 July 2020. In this context, please provide Bursa Securities with the following additional information for publication:- Bursa Malaysia Derivatives Berhad (BMD), a subsidiary of Bursa Malaysia Berhad, is a futures and options exchange that offers the most liquid and successful FCPO contract in the world. Following the strategic partnership with CME Group, BMD products are now migrated to the CME Globex electronic trading platform to enable the global market to better access and reach Malaysian derivatives offerings.
Read more about www.bursamalaysia.com/derivatives/ « Under the terms of the settlement agreement, without either party allowing liability, Top Care receives a total of RM245 million as a full and final settlement of disputes, and all parties involved in legal proceedings will withdraw their respective claims without the freedom to resubmit and without ordering costs, » Top Glove said. « We are maintaining our out-call on Top Glove shares and maintaining our RM8.60 TP (price target), » Chua said. Bursa Malaysia Sales and Customer Relations: Andrew Tan Head of Business Development +6012 207 4413 Today, Chua Siu Li, an analyst at Public Investment Bank Bhd, wrote in a note that public investment sees the end of the dispute positively, as the product can help improve Top Glove`s cash position and be redeployed for business development. . . .