Pursuant to paragraph 6.02(3)(d) of the Main LR,
Bursa Securities when granting approval for the listing of a new issue of
securities by listed issuers, will consider amongst others, whether the listed
issuer has satisfactory corporate governance practices. What will Bursa Securities consider in determining whether that is fulfilled?
Bursa Securities in considering a proposal, would take into account a listed issuer's corporate governance record, including any previous actions taken against the listed issuer for any breach of any relevant laws, guidelines or rules issued by the SC or Bursa Securities, or for failure to comply with any written notice or condition imposed by the SC or Bursa Securities.
In addition, Bursa Securities will also consider the past corporate conduct of the board of directors.