Asked Legal About Bursa Malaysia Securities Main Listing Requirements

Question	Answer
1. What are the main eligibility criteria for a company to be listed on Bursa Malaysia Securities Berhad Main Market?	Well, let me tell you, the company must have a track record of profitability, with aggregate pre-tax profit of at least RM20 million in the most recent 3 full financial years, and net tangible assets of at least RM40 million at the time of listing. It`s quite a bar to clear, but it shows the market`s emphasis on stability and financial strength.
2. Are specific for company`s directors management team?	Absolutely! The directors and management team must collectively have at least 3 years of relevant experience in the industry or business which the company operates, and demonstrate a good track record. This ensures that the company is led by competent and experienced individuals.
3. What financial for company listed Main Market?	The company must have a market capitalization of at least RM500 million at the point of listing, and there must be at least 25% public shareholding spread. These requirements are in place to ensure that the company has a certain level of market interest and liquidity.
4. Can a company with an overseas listing be listed on the Main Market?	Yes, it can! However, the company must satisfy certain additional criteria, and there must be certain safeguards put in place to protect shareholders in Malaysia. It`s all about ensuring transparency and protection for local investors.
5. What continuing for listed companies Main Market?	Oh, there are quite a few! Listed companies must, among others, disclose financial statements on a quarterly basis, hold annual general meetings, and comply with the Main Market Listing Requirements. These obligations are designed to ensure transparency and accountability to shareholders and the market.
6. What are the consequences for non-compliance with the Main Market Listing Requirements?	Non-compliance can result in penalties, fines, or even suspension or delisting of the company`s securities. It`s serious stuff, and it underscores the importance of adhering to the requirements set out by the market regulator.
7. Can a company apply for a waiver from any of the Main Market Listing Requirements?	Yes, it can! The company can apply for a waiver, but it must be able to justify why the waiver should be granted and demonstrate that it will not be prejudicial to the interests of the shareholders or the market. It`s all about maintaining a balance between flexibility and investor protection.
8. Are specific governance for listed companies Main Market?	Absolutely! The company must comply with the Malaysian Code on Corporate Governance, which sets out principles and best practices for good corporate governance. This ensures that listed companies operate with integrity and transparency.
9. Is there a specific timeframe within which a company must complete its listing process?	Yes, there is! The company must complete its listing process within 6 months from the date of approval of the listing application. This ensures the process carried in timely and not on.
10. Can a company transfer its listing from the ACE Market to the Main Market?	Yes, it can! However, the company must meet certain criteria and follow the procedures set out by the market regulator. This allows to to a tier the exchange as grow expand operations.

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The Intriguing World of Bursa Malaysia Securities Berhad Main Market Listing Requirements

As legal with a for governance, always been by requirements for on main of Bursa Malaysia Securities The criteria by not only to the of but promote and in Malaysian market.

Key for Main Listing

Let`s into requirements that must to for main on Bursa Malaysia Securities Berhad:

Criteria	Requirement
Corporate Structure	Must a company in with a issued paid-up of RM million.
Track Record	Must a track of with the recent accounts showing before of at least RM million over past years.
Management and Board Composition	Must a with a of independent and a audit committee.
Shares Structure	At least of the total and paid-up must by the public.
Financial Health	Must be financially sound and have a satisfactory working capital position.

Impact of Listing Requirements

The requirements for main listing serve as for governance and performance. That these are by and analysts, to market and to capital.

Case XYZ Berhad

One success is of XYZ Berhad, a conglomerate met main listing after of growth and Following listing, experienced in confidence, in its and trading liquidity.

The main listing of Bursa Malaysia Securities a role in the of the capital As a professional, find in and the of these which to the and of the in Malaysia.

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Agreement Regarding Bursa Malaysia Securities Berhad Main Market Listing Requirements

This Agreement (the “Agreement”) is entered into on this [date] by and between the parties listed below, with reference to the Bursa Malaysia Securities Berhad Main Market Listing Requirements.

Parties the Agreement
Party [Insert Name]
Party [Insert Name]

1. Definitions

In Agreement, the context otherwise, the terms have the assigned them below:

• Bursa Malaysia Securities Berhad: Refers the stock in where are traded.
• Main Market Listing Requirements: Refers the and set by Bursa Malaysia Securities for seeking to on the main market.
• Listing Applicant: Refers a seeking to its on the main of Bursa Malaysia Securities Berhad.

2. Listing Requirements

Listing agrees comply all Market Listing set by Bursa Malaysia Securities including but to:

• Minimum capitalization criteria
• Financial requirements
• Corporate standards
• Compliance securities and regulations

3. Representations and Warranties

Each represents they have legal to into Agreement and their hereunder.

4. Governing Law

This shall by and in with the of Malaysia.

5. Entire Agreement

This the understanding agreement the with to the hereof and all negotiations, and agreements.

6. Signatures

IN WHEREOF, the hereto have this as the first above written.

Party [Insert Signature]	Party [Insert Signature]