Exchange Traded Bonds ("ETB")

 

4B.6

Must an issuer of ETB issue a notice of maturity or expiry to its holders and advertise a summary of the same in at least one nationally circulated Bahasa Malaysia or English daily newspaper pursuant to the Main LR?

No, an issuer of ETB which is not convertible or exchangeable into listed shares is not required to issue its sukuk or debt securities holder with a notice of maturity or expiry and or advertise a summary of the same in at least one nationally circulated Bahasa Malaysia or English daily newspaper pursuant to the Main LR. Instead, such issuer must, at least 1 month before the maturity date, announce the maturity date of each issuance of sukuk or debt securities to Bursa Securities.