You should always refer to these listing requirements and practice notes together with any subsequent amendments issued from time to time by bursa malaysia securities berhad. Approval for the listing and quotation of the placement shares on the ace market of bursa securities. Complete the implementation of approved regularization plan.
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Submit an application & necessary documents. Unlike s15(2) of the companies act 1965 that provides that such transfer of shares of private company are subject to the approval of the directors, the companies act 2016 does not have. Arising from the sc’s engagement with certain ris and review of private placements by these ris and towards facilitating compliance by ris with the guidelines,.
These documents contain the rules of bursa malaysia securities which have been updated as at the date above.
You should always refer to these rules together with any subsequent. Pursuant to rule 6.02(4a) of the ace lr, as long as raa sdn bhd had acted as the joint transfer sponsor for xyz bhd, raa sdn bhd can be appointed by xyz bhd to submit its. For a pn17 company to no longer be considered pn17, it has to first: The placement shares to be issued will be listed on the ace market of bursa securities.
