Exchange Traded Bonds ("ETB")

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4B.2

​Must an issuer of ETB obtain SC’s approval before it submits its listing application to Bursa Securities?

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An issuer of ETB needs to obtain SC's approval if it is required under Section 212 (4) of the CMSA. In that case, an issuer may only submit its listing application to Bursa Securities after it has received its approval from SC.