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GUIDANCE NOTE 7F

Date issued: 22 June 2006

Issued Pursuant to Chapter 7 (Special Requirements for the Listing of Specific


Companies) of the Policies and Guidelines on Issue/Offer of Securities
- In Relation to the Secondary Listing of Malaysian Public Listed Companies
on Foreign Stock Exchanges

Introduction

1. This Guidance Note sets out the requirements for the secondary listings on
foreign stock exchanges of Malaysian public companies which have a primary
listing on Bursa Malaysia Securities Berhad (“Bursa Malaysia”).

Requirements for the secondary listings of Malaysian public listed companies


on foreign stock exchanges

2. Only Malaysian public companies listed on the Main Board of Bursa Malaysia may
seek secondary listings on foreign stock exchanges.

3. The foreign stock exchange where the secondary listing is sought must be a
member of World Federation of Exchanges and must be based in a jurisdiction
that –

(a) is subject to corporation laws and other laws and regulations which have
standards at least equivalent to those in Malaysia, particularly with
respect to –

(i) corporate governance;

(ii) shareholders and minority interest protection;

(iii) disclosure standards; and

(iv) regulation of take-overs and mergers;

;and

(b) has relevant laws and/or treaties or arrangements with Malaysia, which
could facilitate the enforcement of criminal and civil actions taken in
Malaysia.

4. A Malaysian public listed company seeking secondary listing abroad must not be
classified as a distressed listed company under the Policies and Guidelines on
Issue/Offer of Securities.

GN7F-1

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