The Kuala Lumpur Stock Exchange (KLSE) completed its conversion into a limited public company yesterday. The will now vest and transfer its stock exchange business to a new wholly owned subsidiary whilst the demutualized KLSE will become the Exchange Holding Company.
In the interim, the Exchange Holding Company will be known as Kuala Lumpur Stock Exchange Berhad (KLSE Bhd), and the operating stock exchange as Malaysia Securities Exchange Berhad (MESB). These names will persist until a new name for the Exchange Group is announced some time during the first quarter of this year.