Permodalan Nasional Berhad (PNB) and Amanah Saham Nasional Berhad (ASNB), with the support of the Pahang State Government, are holding their annual integrated financial literacy exhibition, Minggu Saham Amanah Malaysia (MSAM): Pelaburan 360 PNB at Dataran Temerloh, Temerloh, Pahang this year, from 20 to 25 April. SIDREC and Private Pension Administrator (PPA) joined the InvestSmart team of the Securities Commission Malaysia (SC) for six days to help boost financial and investment literacy amongst the people.
SIDREC was happy to meet with the people to explain SIDREC’s role in helping investors resolve disputes with capital markets intermediaries (e.g. banks, stockbrokers, futures brokers fund managers, unit trust management companies, and Private Retirement Schemes providers and distributors). The exhibition with lots of attractive activities and prizes had drawn thousands of visitors every day from Temerloh and beyond, including pupils, college and university students, and those who want to know more about investment. MSAM targets 150,000 visitors.[SIDREC is mandated by the SC, under the Capital Market and Services (Dispute Resolution) Regulations 2010, as dispute resolution body, to handle disputes involving monetary claims made by individual investors or sole proprietors against capital market intermediaries, who are members of SIDREC.
Capital market products that come under SIDREC’s purview include all securities (such as shares, unit trusts, warrants, bonds, structured products such as structured warrants etc.), derivatives (e.g. futures or options) and PRS.Capital market services include any service that involves a capital market product. For example, this would include all aspects of helping you invest in shares, unit trusts or any other securities, derivatives or PRS.]
PPA and SIDREC conducting a joint quiz for visitors at the SC booth.
Young and old alike were welcome to the private briefing area at SC booth. Visitors listened attentively to InvestSmart representative’s explanation of the basics of investing. On the backdrop is a visual of SIDREC’s process flow.
The InvestSmart team also gave out survey forms to gauge visitors’ understanding of the various capital markets products. Likewise, SIDREC also did a simple survey to find out people’s awareness of SIDREC.