KUALA LUMPUR, 12 AUGUST 2021 – Bursa Malaysia Berhad (“Bursa Malaysia” or the  “Exchange”) today issued a consultation paper seeking public feedback on the proposed  amendments to the Main Market Listing Requirements in relation to the enhanced framework  for Main Market advisers and submission of corporate proposals.  

The proposed amendments include aligning the Principal Adviser framework under the Main  Market Listing Requirements, with the Securities Commission Malaysia’s Recognised Principal  Adviser framework for the Main Market, as well as enhancing the accountability of a  Recognised Principal Adviser and its key officers involved in submitting certain significant  corporate proposals to the Exchange. 

In addition, the Exchange is proposing other amendments to the Main Market Listing  Requirements for clarity and consistency such as clarifying the eligibility of independent  adviser for a Major Disposal and voluntary withdrawal of listing, as well as requiring the  completion of the Mandatory Accreditation Programme by applicant’s directors prior to  listing. 

The consultation paper on the proposed amendments to the Main Market Listing Requirements is available at https://www.bursamalaysia.com/regulation/public_consultation. The Exchange welcomes views from the public. Interested parties are invited to submit their comments and feedback to Bursa Malaysia by 14 September 2021. 

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