Listing fees for convertible debt securities and non-convertible debt securities
12.
Paragraph 4.3 of the Fees and Charges provides that the annual listing fee payable in respect of debt securities under an Exempt Regime is a fixed sum of RM2,000 for each class of securities. A listed issuer issues debt securities under an Exempt Regime in April 2010 which will be due in April 2015.
(a)
Will the fixed sum of RM2,000 be pro-rated for year 2010?
No, the listed issuer must pay the full fixed annual listing fee of RM2,000 for year 2010.
(b)
Will the fixed sum of RM2,000 be pro-rated for year 2015?
Yes, the fixed annual listing fee of RM2,000 will be pro-rated according to the number of months the debt securities are listed in the year of maturity (i.e. from January until April in year 2015).
So, the minimum annual listing fee payable by the listed issuer for year 2015 is –
= RM2,000/12 months x 4 months
= RM667