The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange

The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange

Share repurchase was not allowed for Malaysian listed companies until September 197, when the Malaysian government pushed through parliament a proposal to amend the Companies Act of 1965 in order to allow listed firms to repurchase their own shares. The new provision was Section 67A, which was intro...

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Bibliographic Details
Main Authors: Mohamad, Jais, Chin, Jimmy Y.F.
Format: Article
Language:English
Published: Universiti Malaysia Sarawak, (UNIMAS) 2002
Subjects:
HB Economic Theory
Online Access:http://ir.unimas.my/9239/
http://ir.unimas.my/9239/
http://ir.unimas.my/9239/1/THE%20EFFECTS%20OF%20SHARE%20REPURCHASE%20ANNOUNCEMENTS%20IN%20KUALA%20LUMPUR%20STOCK%20EXCHANGE.pdf
id unimas-9239
recordtype eprints
spelling unimas-92392015-10-27T06:55:58Z http://ir.unimas.my/9239/ The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange Mohamad, Jais Chin, Jimmy Y.F. HB Economic Theory Share repurchase was not allowed for Malaysian listed companies until September 197, when the Malaysian government pushed through parliament a proposal to amend the Companies Act of 1965 in order to allow listed firms to repurchase their own shares. The new provision was Section 67A, which was introduced via the Companies (Amendment) Act 1997 and was implemented on 1 September 1997. With the Kuala Lumpur Composite Index (KLCI) plunging from 1012.84 points in July 1997 to 477.57 in January 1998, the move provided an excellent opportunity for local firms to repurchase their own shares. Universiti Malaysia Sarawak, (UNIMAS) 2002 Article NonPeerReviewed text en http://ir.unimas.my/9239/1/THE%20EFFECTS%20OF%20SHARE%20REPURCHASE%20ANNOUNCEMENTS%20IN%20KUALA%20LUMPUR%20STOCK%20EXCHANGE.pdf Mohamad, Jais and Chin, Jimmy Y.F. (2002) The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange. International Journal of Business and Society, 3 (1). pp. 61-74. ISSN 1511-6670 http://www.ijbs.unimas.my
repository_type Digital Repository
institution_category Local University
institution Universiti Malaysia Sarawak
building UNIMAS Institutional Repository
collection Online Access
language English
topic HB Economic Theory
spellingShingle HB Economic Theory
Mohamad, Jais
Chin, Jimmy Y.F.
The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange
description Share repurchase was not allowed for Malaysian listed companies until September 197, when the Malaysian government pushed through parliament a proposal to amend the Companies Act of 1965 in order to allow listed firms to repurchase their own shares. The new provision was Section 67A, which was introduced via the Companies (Amendment) Act 1997 and was implemented on 1 September 1997. With the Kuala Lumpur Composite Index (KLCI) plunging from 1012.84 points in July 1997 to 477.57 in January 1998, the move provided an excellent opportunity for local firms to repurchase their own shares.
format Article
author Mohamad, Jais
Chin, Jimmy Y.F.
author_facet Mohamad, Jais
Chin, Jimmy Y.F.
author_sort Mohamad, Jais
title The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange
title_short The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange
title_full The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange
title_fullStr The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange
title_full_unstemmed The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange
title_sort effects of share repurchase announcements in kuala lumpur stock exchange
publisher Universiti Malaysia Sarawak, (UNIMAS)
publishDate 2002
url http://ir.unimas.my/9239/
http://ir.unimas.my/9239/
http://ir.unimas.my/9239/1/THE%20EFFECTS%20OF%20SHARE%20REPURCHASE%20ANNOUNCEMENTS%20IN%20KUALA%20LUMPUR%20STOCK%20EXCHANGE.pdf
first_indexed 2018-09-06T15:38:22Z
last_indexed 2018-09-06T15:38:22Z
_version_ 1610873100273975296

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