CAPITAL MARKET STATISTICS


SC Scorecard Q3 2009
&
Statistics of Submissions Approved by SC in Q3 2009



A. Corporate Submissions to the SC – Q3 2009


Table 1: Status of Substantive Applications as at 30 September 2009



























 

Total


Balance brought forward from Q2 2009


24


Add: Applications received during Q3 2009


28


Add: Applications deferred and resubmitted during Q3 2009



Total applications


52


Less: Applications Considered during Q3 2009


(33)


Less: Applications Withdrawn/Returned during Q3 2009


(4)


Balance carried forward to Q4 2009


15



Table 2: Substantive Applications Considered/Withdrawn/Returned in Q3 2009



































































Type of proposals


Approved


Rejected


Deferred


Withdrawn/
Returned


Total


Initial public offerings



  • Main Market
  • MESDAQ/ACE

2






1
1


3
1


Mergers & Acquisitions


2




1


3


Restructurings


1




1


2


Equity capital-raising


12





12


Private debt securities


10





10


Structured warrants


2





2


Others 2


4





4


TOTAL


33




4


37



Table 3: Processing Turnaround Time for Substantive Applications Considered in Q3 2009























Substantive Applications


Within Time Charter1


Exceeds Time Charter


Total


No.


%


No.


%


No.


%


31


94


2


6


33


100



Table 4: Status of Licensing Applications in Q3 2009







































































































Type of licence application


Received


Withdrawn


Returned


Considered


Approved


Rejected


Pending


Representative

             

New


280


1


22


257


208


0


49


Renewal


909


0


3


906


896


0


10


Corporation

             

New


13


0


0


13


4


0


9


Renewal


56


1


1


54


47


0


7


Individual

             

New


1


0


0


1


0


0


1


Renewal


1


0


0


1


1


0


0


Total


1,260


2


26


1,232


1,156


0


76



Table 5: Processing Turnaround Time for Licensing Applications in Q3 2009























































































































Type of license application


Within time charter


Exceeds time charter


Subtotal


Exception


Total Reported


Total


%


Total


%


 


Total


%


Representative










New


200


98.03


4


1.96


204


4


1.92


208


Renewal


877


98.98


9


1.02


886


10


1.12


896


Corporation


 


 


 


 


 


 


 


 


New


4


100


0


0


4


0


0


4


Renewal


44


100


0


0


44


3


6.38


47


Individual


 


 


 


 


 


 


 


 


New


0


0


0


0


0


0


0


0


Renewal


1


100


0


0


1


0


0


1


Total


1,126


98.86


13


1.14


1,139


17


1.47


1,156



B. Statistics of Applications Approved by the SC – Q3 2009
i) Corporate Proposals


Table 6: Number of Corporate Proposals Approved



















































Type of Proposals


No. of Corporate Proposals Approved


Q3 2009


Q2 2009


Q3 2008


Initial public offering


2


7


11


Mergers & Acquisitions


2



8


Restructurings


1


2


1


Equity Capital-raising


12


10


9


Private debt securities


10


15


23


Structured warrants


2


3



Others


4


5


13


TOTAL


33


42


65



ii) Private Debt Securities


Table 7: Approved RM-denominated PDS Issues
















































Type


Q3 2009


Q2 2009


Q3 2008


No. of issues


Size of issues
(RM’mil)


No. of issues


Size of issues
(RM’mil)


No. of issues


Size of issues
(RM’mil)


Conventional

6

2,532.57

81

12,035.00

112

8,574.00


Sukuk

1

4,500.00

5

5,855.004

14

6,875.00


Combination3


Total

7

7,032.57

13

17,890.00

25

15,449.00













1


Includes one asset-backed securities (ABS) issue amounting to RM1.25 billion and one multi-currency PDS by a multilateral development bank pursuant to Practice Notes 1A (PN1A), PN2 & PN2A amounting to RM1.0 billion.

2

Includes one ABS issue amounting to RM1.5 billion.

3

Combination of conventional and sukuk issues.



Table 8: Approved Foreign Currency-denominated PDS Issues by Foreign Corporations
















































Type


Q3 2009


Q2 2009


Q3 2008


No. of offers


Size of offers
(USD’mil)


No. of issues


Size of offers
(USD’mil)


No. of issues


Size of offers
(USD’mil)


Conventional








Sukuk


21


1,500.00


11


750.00




Combination


1


4,000.002






Total


3


5,500.00


1


750.00




1 Offers in Malaysia were part of global offering.
2 Includes one which has yet to finalise the offer size at the point of approval.



Table 9: Approved Foreign Currency-denominated PDS Issues by Malaysian Issuers








































Type


Q3 2009


Q2 2009


Q3 2008


No. of offers


Size of offers
(USD’mil)


No. of offers


Size of offers
(USD’mil)


No. of issues


Size of offers
(USD’mil)


Conventional




11


10.00


11


1,000.00


Sukuk








Total




1


10.00


1


1,000.00


1 PDS issue by a local issuer pursuant to Practice Note 1 (PN1).



Table 10: Approved Program Issuance of Structured Products








































Type


Q3 2009


Q2 2009


Q3 2008


No. of issues


Size of issues (RM ‘mil)


No. of issues


Size of issues (RM ‘mil)


No. of issues


Size of issues (RM ‘mil)


Conventional


5


25,000.00


2


10,000.00


3


15,000.00


Sukuk








Total


5


25,000.00


2


10,000.00


3


15,000.00


iii) Take-overs & Mergers



Table 11: Number of Approved Submissions Relating to the Malaysian Code on Take-overs and Mergers






























Type

Number of Submissions Approved


Q3 2009


Q2 2009


Q3 2008


Clearance of offer document


3


2


16


Application for exemption from mandatory offer obligation


14


13


21


Others


25


17


55


Total


42


32


92



iv) Unit Trusts & Collective Investment Schemes


Table: 12: Number of Submissions Relating to Unit Trusts and Other Collective Investment Schemes Approved




































Type


Number of Submissions Approved


Q3
2009


Q2
2009


Q3
2008


Establishment of new funds


27


21


42


Increase in fund size


8


9


15


Exemption/variation from Guidelines1


5


1


9


Other applications 2


14


27


19


Total


54


58


85


1 Excluding applications submitted through the establishment of new schemes.
2 Including, amongst others, applications for extension of time, change of fund name & change of trustee.