Securities Commission and Bursa Malaysia to grant waiver for companies seeking to list

21 April 2021

On 19 March 2021, the Securities Commission Malaysia (“SC”) and Bursa Malaysia Berhad (“Bursa Malaysia”) provided further details on the additional relief measures under the PEMERKASA Strategic Programme announced by the Prime Minister on 17 March 2021. These measures will reduce the fundraising cost for companies and provide further financial relief to listed issuers.

These measures include a 12-month waiver on listing related fees for initial public offerings effective 17 March 2021, a 50% rebate of annual listing fees for the year 2021 for listed issuers that meet the criteria set by SC and Bursa Malaysia, and a waiver on processing, perusal and listing fees on regularisation proposals received by 31 December 2021.