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Less: Applications Withdrawn/Returned during Q3 2009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Table 2: Substantive Applications Considered/Withdrawn/Returned in Q3 2009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Withdrawn/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Withdrawn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