BURSA Malaysia Bhd, in close consultation with the Securities Commission Malaysia (SC), has confirmed that the losses from incidents of unauthorised access and trading activities on April 24 2025 have been identified and contained.
The exchange clarified in a statement that the incidents involved online client trading accounts held with a small number of brokers. Measures have already been taken to prevent any recurrence.
“In addressing the consequences, the capital market regulators have worked with the industry to resolve the impact of the unauthorised trades in a fair and transparent manner,” it said.
Bursa Malaysia added that discussions have been initiated with the affected brokers on how to manage the unauthorised transactions.
“In the interim, Bursa Malaysia has issued a directive this evening (April 27, 2025) to the relevant brokers in which the affected securities and proceeds will be retained for a period of 14 days or such time as necessary to facilitate investigations,” it said.
The statement clarified that the unauthorised trades were limited to Bina Puri Holdings Bhd and Bina Puri’s Warrant-B during the afternoon of Thursday, April 24. No other unauthorised trades have been reported since.
All brokers have been advised to strengthen their internal controls and cyber defences as a precautionary measure.
“A forensic audit of the relevant parties will commence to investigate the root cause of the incident and determine how the breaches occurred,” it added.
Bursa Malaysia reiterated that the integrity and security of its trading and clearing systems remain intact. The market continues to operate in an accessible and orderly manner for all participants. - April 28, 2025
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