Admission Processes & Procedures
3.5
Must an applicant submit both the initial listing application ("ILA") and quotation application ("Quotation Application") to Bursa Securities before the listing of its securities?
Under the enhanced initial listing process as set out in paragraph 2.0 of Guidance Note 15, an applicant is no longer required to submit 2 applications to Bursa Securities, namely –
(a)
an ILA for an approval-in-principle for the admission of securities; and
(b)
a Quotation Application for quotation of securities on Bursa Securities.
Instead, the Quotation Application will be merged with the ILA and thus only one application is required to be submitted to Bursa Securities for listing of securities ("Consolidated Application").