Malaysia

Proposed demutualisation of the KLSE

Christopher Lee (christopher.lee@wongpartners.com), Quek Sue Yian (sue.yian.quek@ wongpartners.com); Wong & Partners* Kuala Lumpur, Malaysia. *Correspondent law firm of Baker & McKenzie

The proposed demutualisation of the Kuala Lumpur Stock Exchange (“KLSE”) and subsequent listing would be a major development in Malaysia’s capital market and is one of the five initiatives undertaken by the KLSE to implement certain recommendations of the Malaysian Capital Market Masterplan. The five initiatives are: