CAPITAL MARKET STATISTICS

SC Scorecard Q2 2016
&
Statistics of Submissions Approved by the SC in Q2 2016

A. Corporate Submissions to the SC – Q2 2016

Table 1: Status of Substantive Applications as at 30 June 2016

Applications   

Total

Balance brought forward from Q1 2016

4

Add: Applications received in Q2 2016

7

Total applications

11

Less: Applications Considered in Q2 2016

(2)

Less: Applications Withdrawn in Q2 2016

(2)

Balance carried forward to Q3 2016

7

Table 2: Substantive Applications Considered/Withdrawn/Lodged in Q2 2016

Type of Applications

Considered

 

Withdrawn

Lodged

Total

 Approved

Not Approved

Returned

Initial Public Offering

  • Main Market

1

1

Acquisition, Reverse Take-Overs  and Back-Door Listings

2

2

Transfer from ACE Market to Main Market

Secondary Listing

1

1

Private Debt Securities
(PDS) and Sukuk

13

13

TOTAL

2

2

13

17

Table 3: Processing Turnaround Time for Substantive Applications Considered in Q2 2016

Total Substantive Applications Considered

Within Time Charter*

Exceed Time Charter

2

No.

%

No.

%

2

100

Note:
* The SC time charter for processing is computed from the date complete information is received up to the date of the decision letter.  Time charter is applicable to the following applications: 

  • Initial public offerings (IPOs) and acquisitions of assets resulting in a significant change in the business direction/policy of a listed company: 52 working days; 
  • Large capitalisation IPO applications and transfer of listing from the ACE Market to the Main Market of Bursa Malaysia: 32 working days; and
  • PDS and sukuk: Deemed approval or 14 working days.

B. Corporate Applications Approved by the SC – Q2 2016

i) Applications Approved/Lodged

Table 4: Number of Applications Approved/Lodged

Type of Applications

No. of Applications Approved/Lodged

Q2 2016

Q1 2016

Q2 2015

Initial Public Offerings

  • Main Market

1

1

1

Acquisition, Reverse Take-Overs and Back-Door Listings

1

1

Transfers from ACE Market to Main Market

Secondary Listing

1

PDS and Sukuk

13

17

26

TOTAL

15

19

28

ii) Private Debt Securities (PDS) and Sukuk

Table 5: Approved and Lodged Ringgit-denominated Issues

Type

Q2 2016

Q1 2016

Q2 2015

No. of issues

Size
(RM mil)

No. of issues

Size
(RM mil)

No. of issues

Size
(RM mil)

Conventional PDS

3

20,100.00

7

15,183.25

5

9,726.00

Sukuk

10

25,330.00

9

11,960.00

9(1)

16,960.00

Combination

6

8,500.00

Total

13

45,430.00

16

27,143.25

20

35,186.00

Note:

  • (1) Include 2 multi-currency issues amounting to RM8.6 billion.

Table 6: Approved and Lodged Foreign Currency-denominated Issues by Foreign Corporations

Type

Q2 2016

Q1 2016

Q2 2015

No. of issues

Size
(USD mil)

No. of issues

Size
(USD mil)

No. of issues

Size
(USD mil)

Conventional PDS

1(1)

15,000.00

Sukuk

1(2)

239.65

3(2)

662.60

Combination

Total

1

239.65

4

15,662.60

Note:

  • (1) Multi-currency issue.
  • (2) Offerings in Malaysia were part of global offerings.

Table 7: Approved and Lodged Foreign Currency-denominated Issues by Malaysian Issuers

Type

Q2 2016

Q1 2016

Q2 2015

No. of issues

Size
(USD mil)

No. of issues

Size
(USD mil)

No. of issues

Size
(USD mil)

Conventional PDS

2

1,500.00

Sukuk

Combination

Total

2

1,500.00

iii)  Take-Overs & Mergers

Table 8: Number of Submissions Considered under the Malaysian Code on Take-overs and Mergers 2010

Type

Number of Submissions Considered

Q2 2016

Q1 2016

Q2 2015

Clearance of offer document(1)

8

1

4

Clearance of independent advice circular

8

3

7

Exemption from mandatory offer obligation

2

4

2

Others(2)

3

3

5

Total

21

11

18

Note:
(1) Including documents relating to schemes for control.
(2) Including the eligibility to act as independent adviser for take-over proposals, ruling, ancillary applications and exemption from the Code provisions.

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

Q2
2016

Q1
2016

Q2
2015

Establishment of new collective investment schemes

12

10

36

Establishment of new private retirement funds

3

3

3

Recognition of foreign ASEAN CIS

0

0

0

Increase in fund size

1

1

2

Exemption/variation from Guidelines(1)

4

1

7

Other applications(2)

14

14

30

Total

34

29

78

Note:

(1) Excludes applications submitted through the establishment of new schemes.
(2) Includes applications for renewal of trustee’s registration, clearance of audit scope and extension of time.