Category: KLSE Scandals

Challenge to Keng Yaik and all Barisan Nasional Ministers and leaders to publicy declare their assents together with DAP leaders and those who could not explain they have derived their income from legal and honest means should resign from all political positions

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung , Lim Kit Siang , in Petaling Jaya on Monday , 31st January 1994:

Challenge to Keng Yaik and all Barisan Nasional Ministers and leaders to publicy declare their assents together with DAP leaders and those who could not explain they have derived their income from legal and honest means should resign from all political positions

The Gerakan leaders have shown themselves to be the most irresponsible and unprincipled in their attempt to play politics with the preposterous allegation of the Sydney Sunday Telegraph that Australian spies had bribed Opposition Politicians and MPs. Continue reading Challenge to Keng Yaik and all Barisan Nasional Ministers and leaders to publicy declare their assents together with DAP leaders and those who could not explain they have derived their income from legal and honest means should resign from all political positions

Securities Commission should hold a public inquiry into the manipulation of the KLSE and the 15 percent plunge after Daim Zauniddin‘s ‘Get Out Now’ report

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjong, Lim Kit Siang, in Penang on Sunday , January 23th, 1994:

Securities Commission should hold a public inquiry into the manipulation of the KLSE and the 15 percent plunge after Daim Zauniddin ‘s ‘Get Out Now’ report

Government economic adviser , Tun Daim Zainuddin , yesterday blamed the star for causing panic selling on the Kuala Lumpur Stock exchange two weeks ago , and said that the Star had ‘irresponsibly “ used a misleading heading in its report which caused the panic selling”. Continue reading Securities Commission should hold a public inquiry into the manipulation of the KLSE and the 15 percent plunge after Daim Zauniddin‘s ‘Get Out Now’ report

Why is the Securities Commission dragging its feet on the Union Paper shares scandal when the KLSE had completed and submitted its investigations to it “sometime back”

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Petaling Jaya on Saturday, August 21, 1993:

Why is the Securities Commission dragging its feet on the Union Paper shares scandal when the KLSE had completed and submitted its investigations to it “sometime back”

The Kuala Lumpur Stock Exchange executive chairman, Datuk Nik Din Nik Yusoff said yesterday that KLSE investigations into the Union Paper shares irregular trading had been completed “some time back” and that the findings had been submitted to the Securities Commission. Continue reading Why is the Securities Commission dragging its feet on the Union Paper shares scandal when the KLSE had completed and submitted its investigations to it “sometime back”

Who is responsible for the decision on the lifting of suspension of Union Paper Holdings Bhd shares Securities Commission or KLSE

By Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjong, Lim Kit Siang, in Petaling Java on Wednesday, July 21, 1993:

Who is responsible for the decision on the lifting of suspension of Union Paper Holdings Bhd shares Securities Commission or KLSE

Securities Commission Chairman Datuk Dr. Munir Majid, said yesterday that no decision had been made -yet on when the suspension on the Union Paper Holdings Bhd (UPHB) shares would be lifted. Continue reading Who is responsible for the decision on the lifting of suspension of Union Paper Holdings Bhd shares Securities Commission or KLSE

DAP will continue to ‘pursue’ the Union Paper shares scandal in Parliament until Finance Minister, Anwar Ibrahim gives an acceptable and satisfactory reply

by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjong, Lim Kit Siang, in Petaling Jaya on Tuesday, 20th July 1993:

DAP will continue to ‘pursue’ the Union Paper shares scandal in Parliament until Finance Minister, Anwar Ibrahim gives an acceptable and satisfactory reply

I am not satisfied with the reply given by the Finance Minister, Datuk Seri Anwar Ibrahim, on the Union Paper Holding Bhd, shares scandal in Parliament yesterday. Continue reading DAP will continue to ‘pursue’ the Union Paper shares scandal in Parliament until Finance Minister, Anwar Ibrahim gives an acceptable and satisfactory reply

DAP to move a motion of urgent definite public importance in Parliament tomorrow to demand Royal Commission of Inquiry into the Union Paper Holdings Bhd. Scandal

Speech (Part 2) by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjong, Lim Kit Siang, at the DAP leadership conference held at Wentworth Kuala Lumpur Hotel, Kuala Lumpur on Sunday, July 18, 1993 at 10 a.m.

DAP to move a motion of urgent definite public importance in Parliament tomorrow to demand Royal Commission of Inquiry into the Union Paper Holdings Bhd. Scandal

I will move a motion of urgent definite public importance in Parliament when it meets tomorrow to demand a Royal Commission of Inquiry into the Union Paper Holdings Bhd. scandal which proved that the Kuala Lumpur Stock Exchange is still a casino and not an orderly, fair and transparent stock market. Continue reading DAP to move a motion of urgent definite public importance in Parliament tomorrow to demand Royal Commission of Inquiry into the Union Paper Holdings Bhd. Scandal

DAP gives the KLSE Chairman, Nik Mohamed Din Nik Yusuf 48 hours to reveal the identity of the ‘biggest defaulter’ in the Union Paper shares scandal who short-sold more than one million shares or DAP will take this issue to Parliament, on Monday

by Parliamentary Opposition Leader, DAP Secretary-General Tanjong, Li HI Kit Siang, in Petaling Java on Saturday, 17th July 1993:

DAP gives the KLSE Chairman, Nik Mohamed Din Nik Yusuf 48 hours to reveal the identity of the ‘biggest defaulter’ in the Union Paper shares scandal who short-sold more than one million shares or DAP will take this issue to Parliament, on Monday

DAP gives the Kuala Lumpur Stock Exchange (KLSE) Chairman, Nik Mohamed Din Nik Yusuf 48 hours to reveal the identity of the ‘biggest defaulter’ in the Union Paper shares scandal who short-sold more than one million shares or DAP will take this issue to Parliament on Monday. Continue reading DAP gives the KLSE Chairman, Nik Mohamed Din Nik Yusuf 48 hours to reveal the identity of the ‘biggest defaulter’ in the Union Paper shares scandal who short-sold more than one million shares or DAP will take this issue to Parliament, on Monday

Call on KLSE to revert to the old system of payments and receipts to be fair to the small investors

Press Conference Statement (2) by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Penang on Monday, 6th May 1990 at 11.30 a.m.

Call on KLSE to revert to the old system of payments and receipts to be fair to the small investors
The reply by the Executive Chairman of the Kuala Lumpur Stock Exchange (KLSE), Nik Mohamed Din Nik Yusuff , that “administrative delays” was the reason why the KLSE could not notify broker immediately on the Bank Negara’s new directive on new margin trading is the lamest excuse I have ever heard. Continue reading Call on KLSE to revert to the old system of payments and receipts to be fair to the small investors

Call for an independent inquiry as to whether KLSE Committee Members had abused their position and office in withholding the new Bank Negara directive limiting margin for three weeks before informing all stockbroking companies

Press Conference Statement (2) by Parliamentary Opposition Leader, DAP Secretary-General and MP for Tanjung, Lim Kit Siang, in Penang on Wednesday, 25th April 1990 at 11 a.m.

Call for an independent inquiry as to whether KLSE Committee Members had abused their position and office in withholding the new Bank Negara directive limiting margin for three weeks before informing all stockbroking companies

The Malaysian stock market is going through the doldrums. One reason is the lack of confidence in the Kuala Lumpur Stock Exchange, not only with regard to the unresolved missing scrips problem, but in the leadership of the KLSE. Continue reading Call for an independent inquiry as to whether KLSE Committee Members had abused their position and office in withholding the new Bank Negara directive limiting margin for three weeks before informing all stockbroking companies

Motion under S.O. 18 on the Kuala Lumpur Stock Exchange (KLSE) missing srcips scandal

Tuan Yang di Pertua, 16th March 1990
Dewan Rakyat.

YB Tan Sri,

Motion under S.O. 18 on the Kuala Lumpur Stock Exchange (KLSE) missing srcips scandal

This is to serve notice under Standing Order 18(2) that I will be asking leave to move the adjournment of the House for the purpose of discussing a definite matter of urgent public importance, namely the Kuala Lumpur Stock Exchange (KLSE) missing scrips scandal, and the motion reads: Continue reading Motion under S.O. 18 on the Kuala Lumpur Stock Exchange (KLSE) missing srcips scandal