The Kuala Lumpur Stock Exchange (KLSE) or commonly known as Bursa Malaysia is an exchange holding company approved under Section 15 of the Securities and Exchange Act, 2007 capital services. It operates a fully integrated exchange, offering a full range of exchange-related services, including trading, clearing, settlement and custody services. In 1930, the Singapore Stockbrokers' Association was established 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 stocks began. Bursa Malaysia is an important entity in the capital market of Malaysia. Bursa Malaysia is a highly influential financial institution in Malaysia that has served as a primary benchmark in the country's capital and stock market. (Alilarocha, 2011). As it stands, Genting Berhad is a listed company on Bursa Malaysia and 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 IPO and listing of Genting Malaysia Berhad on Bursa Securities and enabled Genting Berhad to become an investment and management company. (Genting Berhad). Genting Group is a leading multinational company committed to increasing shareholder value and maintaining long-term sustainable growth in its core businesses. Genting Berhad Malaysia's largest corporation is the holding company of the Genting Group, one of Asia's best-managed conglomerates. The Group comprises four listed entities, namely Genting Berhad and its subsidiaries, Genting Malaysia Berhad ("Genting Malaysia"), Genting Pla...... middle of paper ...... The objectives concentrate financial reporting on a special type of economic decision consisting of committing (or continuing to commit) cash or other resources to a business enterprise with the expectation of future compensation or return, usually in cash but sometimes under the form of other goods or services. Suppliers, lenders, employees, owners, and to a lesser extent customers typically make decisions like this, and managers continually make them regarding a company's resources. REFERENCESAlilarocha. (2011, March). Bursa Malaysia. Retrieved October 18, 2013 from Study Mode: http://www.studymode.com/essays/Bursa-Malaysia-606882.htmlFrom Franco, G., Kothari, S. and Verdi, RS (2011). The benefits of financial statement comparability. Journal of Accounting Research, 55.Genting Berhad. (nd). Retrieved October 18, 2013 from http://www.genting.com/groupprofile/gent.htm