FTSE BURSA MALAYSIA KLCI Elevating Malaysia’S Benchmark Index to Global Standards

Total Page:16

File Type:pdf, Size:1020Kb

FTSE BURSA MALAYSIA KLCI Elevating Malaysia’S Benchmark Index to Global Standards FTSE BURSA MALAYSIA KLCI Elevating Malaysia’s Benchmark Index to Global Standards 6 July 2009 A PREFERRED LISTING & INVESTMENT DESTINATION Wider International Appeal Increased Investor Attention Efficient Infrastructure Internationalised Products & Services Bursa Trade Securities FTSE Bursa Malaysia Index Methodology Direct Market Access FTSE Bursa Malaysia KLCI Thematic Indices – Shariah and Plantation Market Making Framework USD Crude Palm Oil Futures New Boards: Main & ACE Market Commodity Murabahah House Multi currencies Platform Underscored by Sound regulatory framework; high priority on investor protection 2 KUALA LUMPUR COMPOSITE INDEX (KLCI) ¾ Representative of the Malaysian Stock Market 18 Apr 1995 Fix at 100 stocks 1,600 Freq : 1 min. 1,400 19 Mar 1998 30 Jan 1990 Enhance objectives Freq : 15 minutes to better track 1,200 the economy 1,000 4 Apr 1986 KLCI launch 800 @ 189.96 pts KLCI Index Value 600 400 29 May 1992 15 Dec 2005 Min. Volume Enhance rules 200 1000 lot p.a. to better track the market 0 1999 1986 1977 2008 1996 2007 2001 2004 2005 2006 2002 2003 1987 1988 1989 1991 1992 1993 1994 1995 1997 1998 1974 1975 1979 1981 1984 1985 2000 1990 1976 1978 1980 1982 1983 3 INDEX STRATEGIC OBJECTIVES ¾ Market driven index Competitive Market Place Global Internationally-accepted Reach Index Methodology Globally Relevant Exchange Traded Wider Tradable (Liquidity) Derivatives Exchange Traded Investment Robust Investable (Free Float) Funds Index Opportunities FTSE Transparency (Clearly Structured Warrants Defined Rules) Index Linked Funds BURSA MALAYSIA KLCI Continuity of Historical Provide Strength and Historical Trend Market Appeal Stability Continuity Fund friendly to Remain Representative of promote creation of the market Index Linked Products Closely track the pulse of the Market 4 ROBUST INDEX ¾ FTSE Bursa Malaysia Index Methodology – Transparent rules Select Investable Tradable Robust Filter Universe Universe Universe Index Rank by All listed Free Float full market Free Float Liquidity companies Adjustment Weighted capitalisation Tested * Minimum Minimum 10% requirement annual turnover 15% of free float shares 5 * Except FBM Fledgling Index, FBM Second Board Index and FBM MESDAQ Index ARRIVAL OF FTSE BURSA MALAYSIA KLCI ¾ A market driven robust index Robust Index Market Appeal Wider Investment Opportunities KLCI -alignment of existing products 100 Constituents Every 60 sec FBM Index International International FTSE BURSA MALAYSIA KLCI Methodology Methodology Branding (Effective 6 July 2009) Large 30 Every Constituents 15 sec 1,600 1,400 Global Reach 1,200 1,000 800 Historical 600 Continuity KLCI Index Value 400 200 0 1999 1996 1977 1986 2008 2006 2007 2004 2001 2002 1993 1994 1990 1985 1983 1981 1978 1975 2005 2003 2000 1997 1998 1995 1991 1992 1987 1988 1989 1984 1982 1979 1980 1976 1974 6 STATISTICAL ANALYSIS ¾ Remains representative of the market KLCI FTSE Bursa Malaysia KLCI Number of Constituents 100 30 Market Capitalisation Representation to Main Board 74% 64% Correlation to FTSE Bursa Malaysia EMAS (5Years) 99.4% 99.1% Volatility (3 yrs) 16.5% 17.0% Volatility (5 yrs) 14.2% 15.0% Data @ 31 Dec 2008 7 INVESTMENT OPPORTUNITIES ¾ FTSE Bursa Malaysia KLCI aligns the index linked products for a wider range of investable opportunities ETF Index Linked Funds Structured Warrants FKLI FTSE BURSA MALAYSIA KLCI OKLI 8 FTSE BURSA MALAYSIA INDEX SERIES ¾ Better profile to PLCs and more choices for investors Main Board Thematic Indices* Index Performance (26/6/06 – 31/12/08) 250 FTSE Bursa Malaysia 1 KLCI FTSE Bursa 2 200 FTSE Malaysia FBM Mid Cap Top Bursa 100 Index Malaysia 3 FBM SCAP FTSE EMAS 150 Bursa Malaysia Index Mid 70 Index 4 FBM Large Cap FBM Fledgling 100 FTSE Bursa Malaysia 5 Small Cap Index FTSE Asia Pac Universe FTSE Bursa Malaysia Fledgling Index 50 – ex Japan, N.Zealand & Aust. 2006 2007 2008 *Thematic Indices FTSE Bursa Malaysia FTSE Bursa Malaysia 1 FTSE Bursa Malaysia EMAS Shariah Index Second Board Index MESDAQ Index 2 FTSE Bursa Malaysia Hijrah Shariah Index 3 FTSE Bursa Malaysia Palm Oil Plantation Index Second Board MESDAQ Market 4 FTSE Bursa Malaysia Asian Palm Oil Plantation Index – USD 5 FTSE Bursa Malaysia Asian Palm Oil Plantation Index - MYR 9 STRENGTHS OF FTSE BURSA MALAYSIA KLCI INTERNATIONAL KLCI will be known as FTSE Bursa Malaysia KLCI to provide BRANDING global relevant, recognition and reach. FTSE Bursa Malaysia index calculation methodology – Free GLOBAL Float, Liquidity and transparent. METHODOLOGY Made up of primary market movers, better define market activities ROBUST while remaining representative of the market. BAROMETER A smaller basket of 30 constituents, easier to manage and more MARKET appealing for product issuers to create market liquidity. APPEAL Speed of calculation increased from every 60 seconds to every FASTER 15 seconds tracking the market pulse closely and more CALCULATION efficiently. CONTINUITY OF Preserves the historical movements of the Malaysian stock VALUES market. 10 11 APPENDIX – Highlight on FKLI & OKLI ¾ Arising from the transition of KLCI to FTSE Bursa Malaysia KLCI on the 6 July 2009, the contract specifications for FKLI and OKLI contracts that are created in the trading months as stated in the table below will be varied with effect from 1 February 2009 Trading Contract Type Contract Underlying Index Month Month a Feb 2009 – 2nd Quarter Sep 09 The trading of the contracts will be based on KLCI Apr 2009 from 1 Feb 2009 until 3 Jul 2009, and subsequently based on FTSE Bursa Malaysia KLCI till expiry. b. May 2009 1st Quarter Sep 09 The trading of the contracts will be based on KLCI 2nd Quarter Dec 09 until 3 Jul 2009, and subsequently based on FTSE Bursa Malaysia KLCI till expiry c. Jun 2009 Next Month Jul 09 The trading of the contracts will be based on KLCI 1st Quarter Sep 09 until 3 Jul 2009, and subsequently based on FTSE 2nd Quarter Dec 09 Bursa Malaysia KLCI till expiry. d. Jul 2009 Spot Month Jul 09 The trading of the contracts will be based on KLCI Next Month Aug 09 until 3 Jul 2009, and subsequently based on FTSE 1st Quarter Sep 09 Bursa Malaysia KLCI till expiry. 2nd Quarter Dec 09 12.
Recommended publications
  • Malaysia Wakala Sukuk Berhad (The “Trustee”) in Such Jurisdiction
    IMPORTANT NOTICE This offering is available only to investors who are either (1) QIBs (as defined below) under Rule 144A who are also QPs (as defined below) or (2) non-U.S. persons (as defined in Regulation S) outside the United States. IMPORTANT: This e-mail is intended for the named recipient(s) only. If you are not an intended recipient, please delete this e-mail from your system immediately. You must read the following before continuing. The following applies to the offering memorandum (the “Offering Memorandum”) following this page and you are therefore advised to read this carefully before reading, accessing or making any other use of the Offering Memorandum. In accessing the Offering Memorandum, you agree to be bound by the following terms and conditions, including any modifications to them, any time you receive any information from us as a result of such access. Nothing in this electronic transmission constitutes an offer of securities for sale or solicitation in any jurisdiction where it is unlawful to do so. The securities described in the attached Offering Memorandum (the “Securities”) have not been, and will not be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or the securities laws of any state or other jurisdiction, and may not be offered or sold within the United States, except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act and applicable state or local securities laws. The Offering Memorandum may not be forwarded or distributed to any other person and may not be reproduced in any manner whatsoever.
    [Show full text]
  • Bursa Malaysia Derivatives Clearing Berhad Principles for Financial
    BURSA MALAYSIA DERIVATIVES CLEARING BERHAD PRINCIPLES FOR FINANCIAL MARKET INFRASTRUCTURES DISCLOSURE FRAMEWORK This document shall be used solely for the purpose it was circulated to you. This document is owned by Bursa Malaysia Berhad and / or the Bursa Malaysia group of companies (“Bursa Malaysia”). No part of the document is to be produced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or any information storage and retrieval system, without permission in writing from Bursa Malaysia. Bursa Malaysia Derivatives Clearing Disclosure Framework BMDC/RC/2019 Responding Institution: Bursa Malaysia Derivatives Clearing Berhad Jurisdiction(s) in which the FMI operates: Malaysia Authority regulating, supervising, or overseeing the FMI: Securities Commission Malaysia The date of this disclosure is 30 June 2019 This disclosure can also be found at: https://www.bursamalaysia.com/trade/risk_and_compliance/pfmi_disclosure For further information, please contact Bursa Malaysia Derivatives Clearing Berhad at: Name Email Address 1. Siti Zaleha Sulaiman [email protected] 2. Sathyapria Mahaletchumy [email protected] Bursa Malaysia Derivatives Clearing Disclosure Framework BMDC/RC/2019 Abbreviations: AUD Australian Dollar BCP Business Continuity Plan BMD Bursa Malaysia Derivatives Berhad (the derivatives exchange) BMDC Bursa Malaysia Derivatives Clearing Berhad (the derivatives clearing house) BM Depo Bursa Malaysia Depository Sdn Bhd (the central depository) BMS Bursa Malaysia
    [Show full text]
  • Doingbusiness Malaysia Xyyx9.Pdf
    2 | Doing Business in Malaysia A LEGAL FACT SHEET GOVERNMENT AND LEGAL SYSTEM CONTRACTS AND LEGAL DOCUMENTATION Malaysia is a constitutional monarchy headed by a Commercial contracts are mainly written in English Yang Di Pertuan Agong (“King”) who is elected although certain government related contracts may every 5 years by a Council of Rulers. A federal be written in Bahasa Malaysia as well as in English. system of government links together 13 states and Malaysian courts will recognise contracts regulated the federal territories of Kuala Lumpur (financial and by a foreign law provided that the foreign law can be commercial capital of Malaysia), Putrajaya clearly presented and explained. Malaysian courts (administrative centre of the Federal Government) will generally also recognise a valid judgment of a and Labuan (International Offshore Financial Centre foreign court. of Malaysia). Freedom of contract is the underlying philosophy of Malaysia’s legal system is based upon English contract law and as such the terms of contracts may common law. The Civil Law Act, 1956 incorporated be agreed between the parties after negotiations. principles of English common law as at 1957 However, certain statutes may incorporate (Malaysia’s year of independence). As a result, compulsory terms into certain contracts for common law doctrines have been adopted into consumer protection. Provided that the contract is Malaysian jurisprudence and applied by Malaysian not for an illegal purpose or consideration or courts. English cases as at 1957 are immediately contrary to public policy, the reasonable contractual binding on Malaysian courts but cases after 1957 intention of parties which has been clearly together with decisions of courts of other expressed or evidenced will be upheld regardless of Commonwealth countries continue to have the nationality of the contracting parties.
    [Show full text]
  • BM Bonds Disclosure Framework BM Bonds/RC/2019
    BURSA MALAYSIA BONDS SDN BHD PRINCIPLES FOR FINANCIAL MARKET INFRASTRUCTURES DISCLOSURE FRAMEWORK This document shall be used solely for the purpose it was circulated to you. This document is owned by Bursa Malaysia Berhad and / or the Bursa Malaysia group of companies (“Bursa Malaysia”). No part of the document is to be produced or transmitted in any form or by any means, electronic or mechanical, including photocopying, recording or any information storage and retrieval system, without permission in writing from Bursa Malaysia. BM Bonds Disclosure Framework BM Bonds/RC/2019 Responding Institution: Bursa Malaysia Bonds Sdn Bhd Jurisdiction(s) in which the FMI operates: Malaysia Authority regulating, supervising, or overseeing the FMI: Securities Commission Malaysia The date of this disclosure is 30 June 2019 This disclosure can also be found at: https://www.bursamalaysia.com/trade/risk_and_compliance/pfmi_disclosure For further information, please contact Bursa Malaysia Bonds Sdn Bhd at: Name Email Address 1. Siti Zaleha Sulaiman [email protected] 2. Sathyapria Mahaletchumy [email protected] BM Bonds Disclosure Framework BM Bonds/RC/2019 Abbreviations: BCP Business Continuity Plan BIDS Bond Information and Dissemination System BM Bonds Bursa Malaysia Bonds Sdn Bhd Board Bursa Malaysia Board of Directors Bursa Malaysia Bursa Malaysia Berhad (the exchange holding company) CEO Chief Executive Officer CMSA Capital Market and Services Act 2007 CPU Central Processing Unit DR Disaster Recovery EHC Exchange Holding Company
    [Show full text]
  • FTSE Bursa Malaysia KLCI Factsheet
    FTSE Russell Factsheet FTSE Bursa Malaysia KLCI Data as at: 31 August 2021 bmkTitle1 Malaysia’s headline index, the Kuala Lumpur Composite Index (KLCI) is now enhanced and FEATURES known as FTSE Bursa Malaysia KLCI. Part of the FTSE Bursa Malaysia Index Series, the 30 stocks tradable index is representative, liquid and transparent providing domestic and international Coverage investors with an enhanced index to access the Malaysian market. The FTSE Bursa Malaysia KLCI represents 5-Year Performance - Capital Return the top 30 companies by market (MYR) capitalization on the Bursa Malaysia Main 115 Market that pass the relevant investability 110 screens. It is the headline index of the FTSE 105 Bursa Malaysia Index Series. 100 95 Objective 90 85 The index is designed for use in the creation 80 of index tracking funds, derivatives and as a 75 performance benchmark. Aug-2016 Aug-2017 Aug-2018 Aug-2019 Aug-2020 Aug-2021 Data as at month end Investability Stocks are selected and weighted to ensure FTSE Bursa Malaysia KLCI FTSE Bursa Malaysia EMAS that the index is investable. Liquidity Performance and Volatility - Capital Return Stocks are screened to ensure that the index Index (MYR) Return % Return pa %* Volatility %** is tradable. 3M 6M YTD 12M 3YR 5YR 3YR 5YR 1YR 3YR 5YR Transparency FTSE Bursa Malaysia KLCI 1.1 1.5 -1.6 5.0 -12.0 -4.6 -4.2 -0.9 12.9 15.1 11.0 FTSE Bursa Malaysia EMAS 1.1 0.1 -1.1 4.9 -8.6 -1.3 -2.9 -0.3 11.8 15.8 12.0 Index rules are freely available on the FTSE website.
    [Show full text]
  • Malaysiaebiz September 4, 2015 WEEKLY BUSINESS ROUNDUP AUGUST 31 - SEPTEMBER 4, 2015 Facilitating Real Economic Activity This Week’S Highlight : to Benefit Society
    MALAYSIAeBiz September 4, 2015 WEEKLY BUSINESS ROUNDUP AUGUST 31 - SEPTEMBER 4, 2015 facilitating real economic activity This Week’s Highlight : to benefit society. “Such finance is Five Indicators Show Malaysia’s Economy deeply needed in the global economy,” On Right Track she said at the Global Ethical Finance Forum in Edinburgh, Scotland. THURSDAY PM Announces Setting Up Of AFINity@SC KUALA LUMPUR -- Datuk Seri Najib Tun Razak has announced the setting up of the Alliance of FINtech Community (aFINity@SC), which seeks to drive a network of stakeholders in the financial technology (fintech) sector. The prime minister said fintech, covering a broad range of financial technology, including trading software and market data, COLOURS OF MALAYSIA...Malaysians from all walks of life waving the Jalur Gemilang to mark Malaysia’s 2015 National Day themed ‘Sehati Sejiwa’ at the Dataran Merdeka Monday. fotoBERNAMA was identified as a new high-potential sector by the Securities Commission KUALA LUMPUR -- A growing Malaysian grew at a rate of six per cent and this year it (SC). “This network seeks to connect economy at a time of regional and global is expected to achieve five per cent. “Unlike in fintech entrepreneurs with investors, economic uncertainty is one of the key indicators 1998, during the Asian economic crisis, when that the country’s economy is still on the right our economy contracted by negative seven researchers, mentors and the relevant and solid track, said Datuk Seri Najib Tun Razak. per cent,” he said in his National Day 2015 government agencies,” he said in his For example, he said, last year the economy Message.
    [Show full text]
  • FTSE Bursa Malaysia Index Series
    FAQs FTSE Bursa Malaysia Index Series ftserussell.com August 2009 Contents FTSE Bursa Malaysia Index Series .............................................................................. 4 1. Who is Bursa Malaysia? ................................................................................................................. 4 2. Who is FTSE Group? ....................................................................................................................... 5 3. What indexes are calculated? ........................................................................................................ 5 4. What are the launch dates, base dates, base values and base currencies of the indexes? ... 6 5. Which indexes are calculated in real time? .................................................................................. 6 6. What are Total Return Indexes? ..................................................................................................... 7 7. How are the companies in the index series classified? .............................................................. 7 8. How is the underlying constituent data for the FTSE Bursa Malaysia Index ............................ 7 9. How are corporate actions / operational adjustments managed? ............................................. 7 10. Who reviews the indexes? .............................................................................................................. 7 11. When are the indexes reviewed? ..................................................................................................
    [Show full text]
  • Cd1-Technical Clr Framework.Pdf
    Contents • Minister’s Message 2 • Chief Executive Officer’s Foreword 4 • Chairman’s Statement 6 • Members of Corporate Law Reform Committe 8 • Introduction and Historical Background 12 • Establishment of the Corporate Law Reform Committe and Its Powers 15 • Scope of the Review 19 • The Reform Programme Process 24 • Summary 28 Minister’s Foreword The liberalisation of world trade, the advent of infrastructures in the information communication technology and the complexity of the legal and regulatory structure of corporate law have created changes in the economic sector. In order to enable Malaysian businesses to be competitive and better equipped in dealing with future challenges in the local and global business environment, a comprehensive revamp to the corporate law is timely and welcomed. The Companies Commission of Malaysia (CCM) as a regulatory body of companies and businesses in Malaysia, has initiated the establishment of the Corporate Law Reform Committee (CLRC) to undertake a review of the legislation, statutory policies and standards in order to maintain and enhance the viability of doing business in Malaysia. This is part of the strategic plan of the CCM to provide a comprehensive, competitive, and business friendly regulatory framework to ensure that the corporate sector is fully prepared to face the evolution of business practices brought about by the ever-changing global business environment. This Strategic Framework paper, I believe, will be a useful reference for the business community to assess the scope and process of the review and will be a guide for the members of the CLRC in achieving the objectives of this review in a consistent and comprehensive manner.
    [Show full text]
  • Bursa Malaysia Infrastructure Services Standards Exchange Participants, Information Vendors, Independent Software Vendors, and Network Service Providers
    Bursa Malaysia Infrastructure Services Standards Exchange Participants, Information Vendors, Independent Software Vendors, and Network Service Providers Version 1.1 Prepared by: Technology & Information Management Document Ownership and Control Document Title : Bursa Malaysia Infrastructure Services Standards Document Owner (Department) : Technology & Information Management Name Revision Document Description of Reviewed Date Version Document by Modifications Azmir Abdul Wahab 30 Nov Version Document creation Danny Ng 2016 1.0 Jacky How Guan Tyng Betty Yeap Siew Hoon Azmir Abdul Wahab 10 Jan Version 1. Correction on CS Danny Ng 2017 1.1 Fax No. Jacky How Guan 2. Add BMD Tyng bandwidth requirement in page 8 3. Change of organization Bursa Malaysia Infrastructure Services Standards Table of Contents 1.0 Introduction .................................................................. 4 2.0 Bursa Malaysia Infrastructure Services ................................... 5 2.1.1 Key Features ................................................................................................................................. 5 2.1.2 Technical Requirements ............................................................................................................... 6 Network Availability ......................................................................................................................... 6 Network Bandwidth ......................................................................................................................... 8 IP Addresses
    [Show full text]
  • •Open: H209mm X W200mm •Close: H209mm X W100mm BURSA0908 FKLI Product Brochure •Open: H209mm X W200mm •Close: H209mm X W100mm
    BURSA0908_FKLI Product Brochure •Open: h209mm X w200mm •Close: h209mm X w100mm BURSA0908_FKLI Product Brochure •Open: h209mm X w200mm •Close: h209mm X w100mm WHICH TYPE OF TRADER ARE YOU? Every trader has different goals, and your approach to achieving them depends on your risk/return appetite. You can find your trader type on this chart and check out what other products you might consider having in your portfolio besides the one in this brochure. WHO IS BURSA MALAYSIA DERIVATIVES (BMD)? Bursa Malaysia Berhad, established in 1964, offers equities, derivatives, bonds as well as Islamic services products and operates an international finance exchange in Labuan. Bursa Malaysia Derivatives Berhad (BMD), a subsidiary of Bursa Malaysia Berhad established in 1993, provides, operates and maintains equity, bond, and commodity futures and options market trading and settlement services. Both Bursa Malaysia Berhad and BMD are regulated under the jurisdiction of the Ministry of Finance Malaysia and operate under the supervision of the Securities Commission and are governed by the Capital Market and Services Act 2007. In 2009, Chicago Mercantile Exchange (CME) acquired a 25% stake in BMD, while the remaining 75% interest is held by Bursa Malaysia Berhad. In 2010, BMD’s products were migrated onto the CME Globex® electronic trading platform to provide greater product visibility and accessibility to international traders. 1 WHAT ARE DERIVATIVES? Derivatives are financial instruments used to manage one’s exposure in today’s volatile markets. A derivative product’s value depends upon and is derived from an underlying instrument, such as commodities, interest rates, indices or stocks. In other words, a derivative is a financial contract with a value linked to the expected future price movements of an underlying asset.
    [Show full text]
  • Islamic Banking : Malaysia Perspective
    Workshop on Islamic Finance in the National Accounts Beirut, Lebanon 24 – 26 October 2017 Department of Statistics Malaysia 1 Outline • Introduction • Development of Islamic Finance in Malaysia • Islamic Banking and Takaful Statistics in Malaysia • The Compilation of Islamic Finance Value Added: The Malaysian Experience • Issues and Challenges • Conclusion 2 Malaysia Financial System & Structure Financial System Non-Bank Money Market / Banking System Financial Capital Market Offshore Foreign Exchange Intermediaries Foreign Bank Negara Provident Fund Labuan Exchange Stock / Equity Malaysia (EPF) Offshore /Money Changer Banking Insurance / Bond / Sukuk Institutions Takaful Development Financial Institutions Derivatives Saving Institutions 3 Malaysia Industrial Classification of Financial Sector 4 Malaysia Industrial Classification of Financial Sector 5 Malaysia Industrial Classification of Financial Sector 6 Islamic Banking Governance Islamic Banking Act 1983 • “Islamic banking business” means banking business whose aims and operations do not involve any element which is not approved by the Religion of Islam; Islamic Financial Services Act 2013 • An institution shall at all times ensure that its aims and operations, business, affairs and activities are in compliance with Shariah. •Securities Commission (Amendment) Act 2015 And Capital Markets And Services (Amendment) Act 2015 •Capital Markets and Services Act 2007 •Securities Commission Malaysia Act 1993 •Securities Industry (Central Depositories) Act 1991 •Demutualisation (Kuala Lumpur
    [Show full text]
  • Listing Your Company on Bursa Malaysia - IPO
    Smart decisions. Lasting value. Listing your company on Bursa Malaysia - IPO Audit / Tax / Advisory www.crowe.my Contents 01. Introduction 05. IPOs on Bursa Malaysia in 2019 02. How to list on Bursa Malaysia? 06. What can Crowe Malaysia 2.1 General view of criteria do for you in an IPO? 2.2 Criteria for listing 2.3 Listing of Special Purpose Acquisition Companies (“SPAC”) 2.4 Listing process 03. How much can you raise in an IPO? 3.1 Proceeds from an IPO 3.2 Valuation of your company 3.3 Recipient of the IPO proceeds 04. What are the costs of listing? 3.1 Expenses 3.2 Overall estimated costs of listing 3.3 Advisers © 2020 Crowe Malaysia PLT 2 1. Introduction We live in interesting times where wealth can be created in We are honored to share with you in this publication some of our numerous ways. One of them is to list a company. knowledge on IPOs based on our many years of experience in this field as IPO advisers, reporting accountants, listed company A listed company’s shares become a form of currency which can auditors, listed company tax consultants and listed company be used for a variety of purposes. An example would be to use internal auditors. the shares as currency for the acquisition of businesses to grow the listed company. A bigger and more competitive company is If you are contemplating an IPO, please feel free to contact us for always more attractive to future investors. a chat. We will be most glad to travel on this interesting journey with you.
    [Show full text]