Admission Processes & Procedures

3.5

When will the listing and quotation of the new securities be effected on Bursa Securities?

​The admission and listing of new securities on Bursa Securities will take place on the next market day upon the receipt of confirmation by the applicant from Bursa Depository that the new securities are ready for crediting into the respective securities accounts provided that the applicant has made the following announcements:

(a)

Announcement pursuant to paragraph 8.1 of Practice Note 21 through Bursa Link via a dedicated template, "Timetable for IPO" on the issuance date of the prospectus.

The announcement must include the following information:

The opening and closing date of the offer period;

The balloting date;

The allotment date of the IPO; and

The tentative listing date.

If there is any change to the tentative listing date, the applicant must immediately announce the change to Bursa Securities.

(b)

​Announcement pursuant to the paragraph 8.2 of Practice Note 21 through Bursa Link via a dedicated template, "IPO template" before 3 p.m. on the market day before the listing date;

​The announcement must include the following information:

Actual date of listing;

Enlarged issued and paid up capital of the listed issuer indicating the number of shares and its par value, if any;

Stock Short Name, Stock Code, ISIN Code; and

Sector and market under which the new securities will be admitted.