SC Scorecard Q1 2025 & Statistics of Submissions Approved by the SC in Q1 2025

Table 8: Number of applications considered in relation to take-overs, mergers and compulsory acquisitions

Type	Number of Submissions Considered
Type	Q1 2025	Q4 2024	Q1 2024
Clearance of offer/scheme documents¹	3	5	6
Offers	2	5	6
Schemes	1	0	0
Total offer/scheme value	RM0.27b	RM14.63b	RM0.71b
Clearance of independent advice circulars	5	6	8
Offers/schemes	3	5	6
Whitewash exemptions²	2	1	2
Clearance of circulars for whitewash exemption	2	1	2
Applications for exemption from mandatory offer obligation	5	4	8
Whitewash exemptions	3	1	2
Others	2	3	6
Other applications³	6	4	3
TOTAL APPLICATIONS CONSIDERED	21	20	27

Note:

Including documents relating to schemes for control and compensation scheme documents, where applicable.
Whitewash refers to an exemption from mandatory offer obligation arising from the issuance of new securities, granted by the SC subject to fulfilment of the stipulated conditions including approval from independent holders at a general meeting.
Refers to all other applications under the Capital Markets and Services Act 2007, Malaysian Code on Take-overs and Mergers 2016 and Rules on Take-overs, Mergers and Compulsory Acquisition