SC Scorecard Q4 2021 & Statistics of Submissions Approved by the SC in Q4 2021
A. Corporate Submissions to the SC – Q4 2021
Table 1: Status of Substantive Applications as at 31 December 2021
Applications   

Equities

Corporate Bonds and Sukuk

Total

Balance brought forward from Q3 2021

8

-

8

Add: Applications received in Q4 2021

5

31

36

Total applications

13

31

44

Less: Applications Considered in Q4 2021

6

29

35

Less: Applications Withdrawn in Q4 2021

-

2

2

Balance carried forward to Q1 2021

7

-

7

Table 2: Substantive Applications Considered/Withdrawn/Lodged in Q4 2021

Type of Applications

Considered

Withdrawn Lodged Total

Approved

Not Approved

Returned

Initial Public Offering

  • Main Market

5

-

-

-

-

5

Acquisition, Reverse Take-Overs  and Back-Door Listings

-

-

-

-

-

-

Transfer from ACE Market to Main Market

1

-

-

-

-

1

Corporate bonds and sukuk

2

-

-

2

27

31

TOTAL

8

-

-

2

27

37

Table 3: Processing Turnaround Time for Substantive Applications Considered in Q4 2021

Total Substantive Applications Considered

Within Time Charter*

Exceed Time Charter

No.

%

No.

%

6

6

100

-

-

Note: 
*For each substantive application, the first round of query was raised within the internal time charter of 10 MDs from receipt of complete submission as well as all subsequent rounds of queries were raised within the internal time charter of 5 MDs from receipt of complete replies.
B. Corporate Applications Approved by the SC – Q4 2021
i) Applications Approved/Lodged
Table 4: Number of Applications Approved/Lodged


Type of Applications

No. of Applications Approved/Lodged

Q4 2021

Q3 2021

Q4 2020

Initial Public Offerings

  • Main Market

5

-

-

Acquisition, Reverse Take-Overs and Back-Door Listings

-

-

 

Transfers from ACE Market to Main Market

1

2

2

Corporate bonds and sukuk

29

10

19

TOTAL

35

12

21

ii) Corporate Bonds and Sukuk
Table 5: Approved and Lodged Ringgit-Denominated Issues


Type of Applications

Q4 2021

Q3 2021

Q4 2020

No. of issues

Size
(RM mil)

No. of issues

Size
(RM mil)

No. of issues

Size
(RM mil)

Conventional bonds

5

3,392.62

4

3,450.00

4

5,020.00

Sukuk

20

58,250.06

6

6,318.00

15

27,940.00

Combination(1)

4

2,000.00

-

-

-

-

Total

29

63,642.68

10

9,768.00

19

32,960.00

Note: 
(1) Combination of sukuk and conventional bonds.
Table 6: Approved and Lodged Foreign Currency-Denominated Issues by Foreign Corporations

Type of Applications

Q4 2021

Q3 2021

Q4 2020

No. of issues

Size
(US$ mil)

No. of issues

Size
(US$ mil)

No. of issues

Size
(US$ mil)

Conventional bonds

-

-

-

-

-

-

Sukuk

-

-

-

-

-

-

Combination(1)

-

-

-

-

-

-

Total

-

-

-

 -

-

-

Note: 
(1) Combination of sukuk and conventional bonds.
Table 7: Approved and Lodged Foreign Currency-Denominated Issues by Malaysian Issuers

Type of Applications

Q4 2021

Q3 2021

Q4 2020

No. of issues

Size (JPY mil)

No. of issues

Size (JPY mil)

No. of issues

Size (JPY mil)

Conventional bonds

-

-

-

-

-

-

Sukuk

-

-

-

-

-

-

Combination(1)

-

-

-

-

-

-

Total

-

-

-

-

-

-

Note: 
(1) Combination of sukuk and conventional bonds.
iii) Take-Overs & Mergers
Table 8: Number of Submissions Considered in Relation to Take-overs, Mergers and Compulsory Acquisitions


Type

Number of Submissions Considered

Q4 2021

Q3 2021

Q4 2020

Clearance of offer document(1)

3

6

11

Clearance of independent advice circular(2)

5

6

11

Exemption from mandatory offer obligation

6

2

7

Others(3)

1

7

6

Total

15

21

35

Note: 
1 Including documents relating to schemes for control. 
2 Including independent advice circulars for whitewash exemptions. 
3 Including exemptions from the provisions of Malaysian Code on Take-overs and Mergers/Rules on Take-overs, Mergers and Compulsory Acquisitions, as the case may be.
iv) Collective Investment Schemes, Private Retirement Schemes & Foreign ASEAN CIS 
Table 9: Number of Applications Approved Relating to Unit Trusts, Other Collective Investment Schemes, Private Retirement Schemes and Foreign ASEAN CIS

Type

Number of Applications Approved

Q4
2021

Q3
2021

Q4
2020

Establishment of new collective investment schemes

27

12

12

Establishment of retirement funds

1

0

1

Recognition of foreign ASEAN CIS

0

0

0

Exemption/variation from Guidelines(1)

8

0

8

Other applications

14(2)

12

5

Total

50

24

26

Note: 
1 Excludes applications submitted together with the establishment of new schemes. 
2 Includes applications in relation to online activities, clearance of audit scope, extension of time, qualification as a SRI fund and assessment to be a qualifying CIS.
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