Media Selangor

BNM says 1MDB investment abroad subjected to Exchange Control Act

KUALA LUMPUR, Feb 24 — Bank Negara Malaysia (BNM) said today that all investments abroad by resident entities are subject to the requirements under the Exchange Control Act (ECA) 1953 that was in force prior to 2013, which has since been replaced by the Financial Services Act (FSA) 2013.

Editor Selangor Journal

24 Feb 2022

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Media Selangor Sdn Bhd, a subsidiary of the Selangor State Government (MBI), is a government media agency. In addition to Selangorkini and SelangorTV, the company also publishes portals and newspapers in Mandarin, Tamil and English.

Media Selangor Sdn. Bhd.

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