Bursa Malaysia reports a 22.9% rise in net profit for FY2024, with a new CEO set to take over in March.

Bursa Malaysia reported a 22.9% increase in net profit to RM310.12 million for FY2024, up from RM252.38 million in the previous year. The rise in profits is attributed to increased market activity and better performance in securities and derivatives markets. The company has declared a final dividend of 18 sen per share, plus a special dividend of eight sen per share. Bursa Malaysia's CEO, Muhamad Umar, will be stepping down in March, with Fad'l Mohamed, currently managing director of RHB Bank's wholesale banking unit, set to take over the role.

2 months ago
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