Performance Statistics
For continuous improvement in our transparency and accountability, the SC reveals its performance in the discharge of its regulatory functions. We provide a brief synopsis on the functions and the underlying principles and regulations we refer to in the evaluation of proposals. It is with strict adherence to these principles that we discharge our regulatory functions and the results of our performance are presented below.

Corporate Proposals
  • The SC reviews proposals for listing and RTO on the Main Market of Bursa Malaysia Securities Bhd under section 212 of the Capital Markets and Services Act 2007 (CMSA). In this regard, it checks if the proposal is in compliance with the Equity Guidelines, and that the applicants’ directors and substantial shareholders are free from any adverse records and corporate governance issues. The SC also reviews and registers prospectuses under sections 232 and 237 of the CMSA for offerings of securities on both the Main and ACE Markets.

Take-over Offers
  • Regulates take-overs and mergers under Division 2 of Part VI of the CMSA. In this regard, the Malaysian Code on Take-overs and Mergers 2016 sets out broad principles to be adhered to by parties involved in a take-over or merger transaction and the Rules on Take-overs, Mergers and Compulsory Acquisitions (Rules) provides operational and conduct requirements.

Collective Investment Schemes (CIS)
  • Evaluate proposals relating to the issuance of securities by CIS, vetting and clearance of prospectuses and deeds, registration of prospectuses and deeds, vetting of prospectuses, fund reports, promotional materials and advertisements, to ensure the orderly regulation of the industry.

  • Execute all licensing activities, monitor fit and properness of licensees, administer disciplinary actions on licensees and ensure the processes are done in a transparent, efficient and effective manner.

Time to Market

Services Provided Client Charter

Corporate Proposals

Main Market IPO / RTO 60 Working Days
Large Capitalisation IPO 40 Working Days
ACE Market (IPO prospectus review & registration) 40 Working Days
New 14 calendar days
New 42 calendar days
Collective Investment Schemes
Establishment of new fund 21 calendar days (excluding public holidays)
Real estate investment trust (REIT) and exchange-traded fund (ETF) 2-3 months (excluding public holidays)
General Line: +603-6204 8000
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