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PROPOSED LINK BETWEEN MALAYSIAN-SINGAPORE EXCHANGES TO BE REVIEWED

PUTRAJAYA, Malaysia The government will review the proposal for a trading link between Bursa Malaysia and the Singapore Exchange, said Prime Minister Dr Mahathir Mohamad.

At a media conference after chairing a Cabinet meeting today, he was also asked whether the government discussed replacing Bursa Malaysia Chief Executive Officer (CEO) Tajuddin Atan.

It was not discussed. I did not see it (the proposal) on the table, he replied.

Prior to his appointment as the exchange’s CEO effective April 1, 2011, Tajuddin was RHB Bank Bhd Managing Director and RHB Capital Bhd Group Managing Director.

Asked whether the government planned to replace Petronas Chairman i Mohd Sidek Hassan, Mahathir said: I did not know about that.

Source: NAM News Network

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