Kuala Lumpur · Confidential enquiries, handled by principals

Field notes on Malaysian capital markets.

Selected writing on share-backed financing, disclosure, Shariah structures, and ownership — drawn from the way Bursa Malaysia–listed positions actually behave.

Insights
From the desk

What we have learned structuring against Bursa shares.

These notes are written for shareholders, founders, and advisers thinking carefully about liquidity. Each one stays close to the mechanics of Bursa Malaysia — the rules, the markets, the Shariah dimension, and the structures that decide what a Malaysian share can actually do as collateral.

The Quiet Liquidity

Raising capital from a concentrated Bursa position without disturbing the share register.

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Shariah-Compliant Share Financing

Why a Shariah-compliant counter can be financed on a Shariah basis — and what that changes.

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LTV & Volatility

What actually sets the loan-to-value on a Bursa Malaysia–listed share.

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Recourse, Non-Recourse, and the Space Between

The three recourse profiles in Malaysian share-backed financing — and why the choice matters.

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The Family-Business Lens

How stock loans interact with succession and control in Malaysian family-owned listed companies.

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Substantial-Shareholder Disclosure

How the 5% notification and the Companies Act 2016 interact with creating a charge over Bursa shares.

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Commodity Murabahah

The tawarruq mechanics behind a Shariah-compliant stock loan — profit rather than interest.

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Foreign-Ownership Limits & Your LTV

How foreign-ownership limits and sector caps shape enforceability and indicative LTV on Bursa.

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Dividends, Voting & Corporate Actions

What happens to dividends, the vote, rights issues, and takeovers while your Bursa shares are charged.

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Margin Calls, Top-Ups & Forced Sale

The mechanics of a Bursa stock loan under price pressure — and why the buffer matters more than the LTV.

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The Take-Overs Code & the 33% Threshold

How the 33% mandatory-offer line and the 2% creep interact with charging or enforcing over Bursa shares.

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A position is easier discussed than described.

If a note here speaks to your situation, the next step is a confidential conversation. A senior principal will reply — usually within one business day.