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Fees and Charges FAQ 9

Listing fees for convertible equity securities

9.​

A listed corporation has issued warrants in March 2009 which are due to mature in March 2015. Assuming that based on paragraph 4.3 of the Fees and Charges, such listed corporation is required to pay the fixed annual listing fee of RM10,000 in respect of such warrants.

​(a)Will the fixed annual listing fee of RM10,000 be pro-rated in 2009?​ ​
No, the listed corporation must pay the full amount of the fixed annual listing fee of RM10,000 for the year 2009.​ ​
​(b)Will the fixed annual listing fee of RM10,000 be pro-rated in 2015?​ ​

Yes, the fixed annual listing fee of RM10,000 will be pro-rated according to the number of months the warrants are listed in the year of  maturity (i.e from January until March 2015).​ ​

So the minimum annual listing fee payable by the listed corporation for the year 2015 is -
​=(RM10,000/12 months) x 3 months
​=RM2,500.00