Listing on Bursa Malaysia
Cost of Listing
The costs of raising equity through an initial public offering vary for Main Market and ACE Market. In general, the total listing costs for ACE Market may range from RM2 million to RM5 million. The listing costs for Main Market are usually above RM3 million, depending on the size and complexity of the case as well as the amount to be raised.
Some of the key components in the total IPO expenses are:-
- Professional fees, depending on the size and complexity of the case and subject to negotiation.
- Underwriting, placement and brokerage fees, which generally range from 1% to 3% of the value of the shares, subject to negotiation.
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Regulatory fees, payable to:-
| Main Market | ACE Market | LEAP Market | |||
|---|---|---|---|---|---|
| Securities Commission Malaysia | Bursa Malaysia | Bursa Malaysia | Securities Commission Malaysia | Bursa Malaysia | |
| Processing fee | RM80,000 + 0.05% of the total market value of securities to be listed and nominal value of any additional securities issued or to be issued
| - | RM30,000 | - | RM9,000 |
| Fee for registration of prospectus | RM15,000 | - | - | - | - |
| Fee for lodgment of information memorandum | - | - | - | RM500 | - |
| Initial listing fee | - | 0.01% of the total market value of share capital
| 0.01% of the total market value of share capital
| - | RM3,000 |
| Annual listing fee | - | 0.0025% of the total market value of share capital
| 0.012% of the total market value of share capital
| - | RM5,000 |