SIDC Module 7 case studies

SIDC Module 7 · Put your knowledge to work in context.

SIDC Module 7 sits within the Securities Commission Malaysia's licensing examination suite, administered through the Securities Industry Development Corporation (SIDC), the learning and development arm of the SC. SIDC describes itself as "Malaysia's leading capital market learning and development institution and the training arm of the Securities Commission Malaysia (SC)" and lists the SC Licensing Examinations (SCLE) as a distinct regulatory programme, separate from its certification tracks such as the Certified Capital Market Professional series. The SIDC Module 7 case studies are 5 cases and about 5,578 words.

Licensing boundary: a robo-adviser that is quietly managing money

Rimbun Advisory Sdn Bhd holds a Capital Markets Services Licence limited to 'advising on securities'. Its app, launched 14 months ago, has 41,000 Malaysian retail users and RM312 million in assets tracked through the platform.

1,008 words, about 5 min 2

The takeover tip that travelled through a WhatsApp group

On 3 March, the chief financial officer of Sri Bayu Holdings Berhad, a Main Market plantation group, met Meridian Securities' head of research to discuss a routine quarterly results preview. Mid-conversation the CFO mentioned that a regional buyer had completed due diligence on a possible unconditional takeover at RM2.30 per share, that the board would meet 'within a fortnight', and asked that the discussion 'stay in the room'.

1,119 words, about 6 min 3

An urgent USD 8.5 million subscription from a nominee company

Kah Loong is the compliance officer of a CMSL fund management firm. On 20 May, relationship manager Siti submits an onboarding file for Vantage Crest Holdings Ltd, a BVI company, seeking to invest USD 8.5 million in the firm's wholesale fund.

1,123 words, about 6 min 4

A related party disposal, an eleven-year independent director and a broken audit committee

Teratai Berhad, a Main Market industrial group with RM2.1 billion market capitalisation, has a nine-member board: the executive chairman, two executive directors, three non-executive directors (two of whom are siblings of the chairman) and three independent directors. One independent director, Puan Rohana, has served 11 years and chairs the audit committee.

1,117 words, about 6 min 5

Labelling a fund 'Climate Leaders' with 19% coal exposure

Suria Asset Management, a CMSL fund management firm with RM6.4 billion in assets, plans to launch the Suria Climate Leaders Fund on 1 August. The product highlights sheet describes it as an 'ESG-integrated fund that invests in companies aligned with a net-zero pathway'.

1,211 words, about 6 min