Like it or not, the Malaysian capital market needs an injection of youth interest to remain vibrant and progressive. As revealed by Securities Commission Malaysia (SC) chairman Datuk Seri Dr Awang Adek Hussin, investors aged 45 and below only constitute 7% of total investors in the stock market, with the number of those in the 20 – 30 years bracket expected to be even lower.
Recently, EA Holdings Berhad (EAH) found itself in the limelight over its announcement of calling an EGM convened by a shareholder, as ‘defective and void.’ EAH also urged shareholders to refrain from attending and voting at the EGM scheduled on 22 August 2023. This current state of events at the Company may baffle its shareholders. Arguably, this EGM is called by an independent party who is exercising his rights as a shareholder under the Companies Act 2016.
One of the critical questions to ponder when we embark on our investing journey is the strategy to adopt, whether investing or trading, to enable us to fully reap the financial gain.
There is no hard and fast rule as to which strategy to adopt. It is possible to profit from either one of the strategies or a combination of both if it fits the investing goals, risk appetite, experience and time horizon.
The Madani Economy Framework recently announced by the Prime Minister Datuk Seri Anwar Ibrahim includes three facets that will benefit the capital market in general and Bursa Malaysia and minority shareholders specifically. The three specific measures are namely, reducing the current board lot size, enabling fractional share trading and enabling automatic transfer to the Main Market.