The Securities Commission Malaysia and Bursa Malaysia Berhad announced on 22 February 2021 that the suspension of Intraday Short Selling ('IDSS') and Short Selling by Proprietary Day Traders ('PDT SS') on Bursa Malaysia which is due to expire on 28 February 2021 will be extended until 29 August 2021. The suspension of IDSS and PDT SS have been in place since 24 March 2020.
The suspension of IDSS and PDT SS does not affect apply to Permitted Short-Selling1, which had not been affected by the suspension announced on 24 March 2020 or to Regulated Short Selling where the suspension imposed on 24 March 2020 was uplifted on 1 1 January 2021.
The full text of the announcement issued by the Securities Commission is available here.
Footnote
1 Permitted Short Selling refers to the short selling of units of an Exchange Traded Fund (ETF) or its constituent securities in accordance with Part D of Chapter 4 of the Rules of Bursa Malaysia Securities Berhad.
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