But investors in Singapore's Central Limit Order Book, an offshore market for Malaysian shares, were not so fortunate.

ECONOMIST: Malaysia��s stockmarket

And more than a third of those are frozen in Singapore's Central Limit Order Book, an offshore market declared invalid by Malaysia last year.

ECONOMIST: Malaysia��s stockmarket: Ready, steady | The

For its part, Hong Kong is a much bigger offshore lender, has more money under management and is home to a stock market that dwarfs Singapore's.

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