Others

3.12

Applicant B is seeking admission to the Official List of Bursa Securities. It is intending to establish a Share Issuance Scheme as part of its listing proposal. Must shareholder approval for such scheme be in accordance with paragraph 6.44 of the Main LR?

No, the requirements in relation to the procurement of shareholder approval in accordance with paragraph 6.44 of the Main LR are only applicable where the schemes are established after listing.​