SIDC Module 6 Capital raising and the Listing Requirements question: office block for RM20 million

SIDC Module 6Capital raising and the Listing Requirements

Jati Bhd will buy an office block for RM20 million from its major shareholder. The highest percentage ratio is 8%. Which of the following must Jati do? (i) Announce the transaction to Bursa Securities once terms are agreed (ii) Send a circular to shareholders and obtain their approval in general meeting (iii) Appoint an independent adviser before the terms of the transaction are agreed (iv) Appoint a Recognised Principal Adviser as main adviser for the transaction

A (i) and (ii) only
B (i) and (iv) only
C (i), (ii) and (iii) only
D (i), (ii), (iii) and (iv)

Show the answer and explanation

Answer: C. (i), (ii) and (iii) only

With a highest percentage ratio of 8%, paragraph 10.08(1) requires an announcement (ratio of 0.25% or more), and paragraph 10.08(2) adds, for a ratio of 5% or more, a circular, shareholder approval in general meeting and an independent adviser appointed before the terms are agreed. The main adviser requirement in paragraph 10.08(4) applies only where a ratio is 25% or more, so (iv) is not required. Because the subject is real estate and the ratio is 5% or more, paragraph 10.04(1)(b)(ii) also requires a valuation. Source: Bursa Malaysia Securities Main Market Listing Requirements (consolidated as at 9 July 2026) paras 10.04(1), 10.08(1), 10.08(2), 10.08(4) (as at October 2026).

Common mistake

Stopping at shareholder approval and forgetting the independent adviser needed from 5%.

Practise more Module 6 Capital raising and the Listing Requirements questions

Exam-style questions with worked answers, then full timed mocks. Free to start.

Start practising →

Study note: Capital raising and the Listing Requirements SIDC Module 6 practice questions & mock exams

Related SIDC Module 6 questions

Datuk Rahim, a major shareholder of Indah Bhd, is selling land to Indah and the deal needs shareholder approval. His wife holds 2% of Indah. How may they vote on the resolution?Rimba Bhd agrees to buy a plot of land from an unrelated vendor. The highest percentage ratio is 20%. Does Chapter 10 of the Main Market LR require Rimba to have the land valued?Kiambang Bhd, a LEAP Market company, agrees to buy equipment from an unrelated supplier for RM2 million. The highest percentage ratio is 8%. Must it announce the transaction to Bursa Securities?

Build a daily practice habit — a few exam-style questions a day, with worked answers. Free to start.

Start practising →

Original study material mapped to the public SIDC Module 6 syllabus. Unofficial, not endorsed by SIDC or the SC. Verify figures and rules against current guidance before relying on them.