FINANCIAL SERVICES Further extension on short selling ban The Securities Commission Malaysia and Bursa Malaysia Securities Berhad announced a further extension, until 29 August 2021, of the existing suspension of Intraday Short Selling (IDSS) and Short Selling by Proprietary Day Traders on the stock exchange of Bursa Malaysia Securities Berhad. The scope of the ban remains the same. Pepared by: Christina S. C. Kow Partner Financial Services (Head) Personal Data Protection & Proivacy Law Technology, Media & Telco [email protected] (Tel)+603 2027 2786 (Fax)+603 2070 4445 Pamela Kung Partner Financial Services Energy, Natural Resources & Green Technology Infrastructure & Project Private Client & family Business [email protected] (Tel)+603 2027 2688 (Fax)+603 2070 4445 CONTACT US FOR FURTHER INFORMATION REGARDING FINANCIAL SERVICES MATTERS. TAX & REVENUE Sales tax An Industry Guide on Manufacturing and Import/Export (as at 1 January 2021) has just been published on the Royal Malaysian Customs Department’s MySST website. Service tax A revised version of the Industry Guide on Information Technology Services (as at 8 March 2021) has just been published on the Royal Malaysian Customs Department’s MySST website to replace the earlier version dated 13 July 2020. Prepared by: Anand Raj Partner Tax & Revenue (Head) Competition & Antitrust (Co-Head) [email protected] (Tel)+603 2027 2828 (Fax) +603 2070 4445 Irene Yong Partner Tax & Revenue Personal Data Protection & Privacy Law Technology, Media & Telco [email protected] (Tel)+603 2027 2923 (fax)+603 2072 6503 Foong Pui Chi Partner Tax & Revenue Private Client & Family Business [email protected] (Tel)+603 2027 2641 (Fax)+603 2072 6503 CONTACT US FOR FURTHER INFORMATION REGARDING TAX AND REVENUE LAW MATTERS. |