Chief Executive Officer's Message

c. Stable Revenue

Stable revenue grew 10% to RM103.2 million, following the full implementation of the revised listing fee structure. Income from information services increased due to greater information distribution spurred by the revised fee structure. Our depository fees dropped due to a reduction in corporate activities, fewer transfer transactions and lower request for RODs. Broker services income reduced due to the phasing out of older network equipment.

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2. Other Income

Other income declined 15% to RM41.4 million as a result of lower investment income. Our investment income declined due to lower operating cash flows, lower return on investments and fewer profit-taking opportunities in the bond market. On a brighter note, we rationalised our own office space requirements and were able to let out more office space at Exchange Square, leading to an increase in rental income.

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