The Kuala Lumpur Stock Exchange (KLSE) or more commonly known as Bursa Malaysia is a stock exchange holding company approved under Section 15 of the Capital Markets and Services Act 2007. It operates a fully integrated stock exchange, offering the full range of foreign exchange-related services, including trading, clearing, settlement and custodian services. In 1930 the Singapore Stockbrokers' Association was founded to operate the first formal securities business in Malaysia. It was later re-registered as the Malayan Stockbrokers' Association in 1937. In 1960, the Malaysian Stock Exchange was established and public trading of shares began. Bursa Malaysia is a significant entity in the Malaysian capital market. Bursa Malaysia is a very influential financial institution in Malaysia that has acted as the main reference in the country's stock and capital markets. (Alilarocha, 2011). As it stands, Genting Berhad is a company that entered Bursa Malaysia whereby the shares of Genting Berhad were listed on the main market of Bursa Malaysia Securities Berhad in 1971. A restructuring exercise was undertaken in 1989, which involved the l Genting Malaysia Berhad's initial public offering and listing on Bursa Securities led to Genting Berhad becoming an investment and management company. (Genting Berhad). Genting Group is a leading multinational company committed to enhancing shareholder value and maintaining long-term sustainable growth in its core businesses. Genting Berhad, Malaysia's leading corporation, is the holding company of the Genting Group, one of Asia's best-managed conglomerates. The Group comprises four listed entities: Genting Berhad and its subsidiaries, Genting Malaysia Berhad (“Genting Malaysia”), Genting Pla...... middle of paper ...... The objectives focus financial reporting on a particular type of economic decision that commits (or continues to commit) money or other resources to a business enterprise with the expectation of future compensation or return, usually in cash but sometimes in other goods or services. Suppliers, financiers, employees, owners, and, to a lesser extent, customers commonly make such decisions, and managers continually make them regarding a firm's resources.REFERENCESilarocha. (2011, March). Bursa Malaysia. Retrieved October 18, 2013, from Study Mode: http://www.studymode.com/essays/Bursa-Malaysia-606882.htmlDe Franco, G., Kothari, S., & Verdi, R.S. (2011). The advantages of financial statement comparability. Journal of Accounting Research, 55.Genting Berhad. (n.d.). Retrieved October 18, 2013, from http://www.genting.com/groupprofile/gent.htm