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Less: Applications Withdrawn in Q4 2021	-	2	2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Table 2: Substantive Applications Considered/Withdrawn/Lodged in Q4 2021

Type of Applications	Considered			Withdrawn	Lodged	Total
Type of Applications	Approved	Not Approved	Returned	Withdrawn	Lodged	Total
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
Total Substantive Applications Considered	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
Type of Applications	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
Type of Applications	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
Type of Applications	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
Type of Applications	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
Type	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
Type	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.