Page 161 - SC Annual Report 2018 (ENG)

Securities
Commission
Malaysia
ANNUAL
REPORT
2018

coRPoRATe

PRoPosALs

eQuITy There were 11 new listings for 2018. Of these
11 listings, 2 were on the Main Market and the
The SC received 11 equity applications in 2018 of remaining 9 were on the ACE Market. The total
which 8 applications were for initial public offerings amount of funds raised from these new listings in
(IPOs) and 3 were for transfer of listings. A total of 9 2018 was approximately RM0.61 billion.
equity applications were considered in 2018 (Table 1).
The SC registered 42 equity prospectuses in 2018,
In 2018, the SC approved 5 IPOs for the Main Market comprising 14 prospectuses for IPO, 1 prospectus for
with total funds approved to be raised from these restricted offer for sale of ordinary shares and 27
IPOs estimated at RM4.87 billion (Table 2) with abridged prospectuses (Table 3).
aggregate market capitalisation of RM14.19 billion.

Table 1
status of equity applications

Applications 2018 2017
Brought forward from the previous year 3 3

Received during the year 11 8
Total for consideration 14 11

Approved during the year (9) (6)
Not approved during the year (-) (-)

Returned during the year (-) (-)
Total considered during the year (9) (6)

Withdrawn during the year (1) (2)
carried forward to the next year 4 3

PART 5 »» STATEMENTS, STATiSTiCS ANd ACTiviTiES | 151

NEW_90-222.indd 151 2/21/19 9:30 AM