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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| Format: | Article |
| Language: | English |
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Universiti Malaysia Sarawak, (UNIMAS)
2002
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| Online Access: | http://ir.unimas.my/id/eprint/9239/ http://ir.unimas.my/id/eprint/9239/1/THE%20EFFECTS%20OF%20SHARE%20REPURCHASE%20ANNOUNCEMENTS%20IN%20KUALA%20LUMPUR%20STOCK%20EXCHANGE.pdf |
| _version_ | 1848836519795621888 |
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| author | Mohamad, Jais Chin, Jimmy Y.F. |
| author_facet | Mohamad, Jais Chin, Jimmy Y.F. |
| author_sort | Mohamad, Jais |
| building | UNIMAS Institutional Repository |
| collection | Online Access |
| 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. |
| first_indexed | 2025-11-15T06:25:04Z |
| format | Article |
| id | unimas-9239 |
| institution | Universiti Malaysia Sarawak |
| institution_category | Local University |
| language | English |
| last_indexed | 2025-11-15T06:25:04Z |
| publishDate | 2002 |
| publisher | Universiti Malaysia Sarawak, (UNIMAS) |
| recordtype | eprints |
| repository_type | Digital Repository |
| spelling | unimas-92392015-10-27T06:55:58Z http://ir.unimas.my/id/eprint/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/id/eprint/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 |
| spellingShingle | HB Economic Theory Mohamad, Jais Chin, Jimmy Y.F. The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange |
| title | 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_short | The Effects Of Share Repurchase Announcements In Kuala Lumpur Stock Exchange |
| title_sort | effects of share repurchase announcements in kuala lumpur stock exchange |
| topic | HB Economic Theory |
| url | http://ir.unimas.my/id/eprint/9239/ http://ir.unimas.my/id/eprint/9239/ http://ir.unimas.my/id/eprint/9239/1/THE%20EFFECTS%20OF%20SHARE%20REPURCHASE%20ANNOUNCEMENTS%20IN%20KUALA%20LUMPUR%20STOCK%20EXCHANGE.pdf |