Friday, June 6, 2008

Initial Listing Requirement

Listing Requirements on KLSE
  1. Quantitative Requirements
  2. Qualitative Requirements
  3. Special Requirements

Quatitative Requirements

Quantitative Requirements
- listing based on Proforma Accounts can be considered provided companies within group:
o involved in same/complementary business*
o have common directors
o have common shareholders
* Bumiputra Company only needs to meet this criterion

Definition of Bumiputra Company:
  1. More than 50% of its equity is owned by Bumiputra shareholders; or
  2. At least 35% of its equity is owned by an identified Bumiputra shareholder together with certain conditions

Qualitative Requirements

  1. Business Dynamics
  2. Competition Dynamics
  3. Industry Dynamics

Special Requirements: Additional requirements for specific companies

  • Property-Development
  • Construction
  • Infrastructure Project Companies (IPC)
  • Plantation
  • Financial Services
  • Stockebroking
  • Trading/Retailing

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