SIDC Module 6 Capital raising and the Listing Requirements question: Rimba Bhd agrees to buy a plot of land from an unrelated vendor

SIDC Module 6Capital raising and the Listing Requirements

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?

A Yes, as a valuation is required whenever any percentage ratio is 5% or more
B Yes, as any purchase of real estate above RM500,000 must be independently valued
C No, as valuations are required only for property development corporations
D No, as for an unrelated-party deal a valuation is needed only at a 25% ratio

Show the answer and explanation

Answer: D. No, as for an unrelated-party deal a valuation is needed only at a 25% ratio

Paragraph 10.04(1) requires a valuation where a transaction involves real estate (or a corporation owning real estate) and any percentage ratio is 25% or more for a transaction under Part D (acquisitions and disposals), or 5% or more for a related party transaction under Part E. Rimba's deal is with an unrelated vendor and the highest ratio is 20%, so no valuation is required under Chapter 10. The 5% trigger is for related party transactions only. RM500,000 is the de minimis level below which announcements are not required. The property-development rule in paragraph 10.04(2) concerns acquiring a company that owns real estate. Source: Bursa Malaysia Securities Main Market Listing Requirements (consolidated as at 9 July 2026) paras 10.04(1), 10.04(2), 10.06(3) (as at October 2026).

Common mistake

Applying the 5% related party valuation trigger to an ordinary acquisition.

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Related SIDC Module 6 questions

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?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?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?

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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.

SIDC Module 6 Capital raising and the Listing Requirements question: Rimba Bhd agrees to buy a plot of land from an unrelated vendor

SIDC Module 6Capital raising and the Listing Requirements

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?

A Yes, as a valuation is required whenever any percentage ratio is 5% or more
B Yes, as any purchase of real estate above RM500,000 must be independently valued
C No, as valuations are required only for property development corporations
D No, as for an unrelated-party deal a valuation is needed only at a 25% ratio

Show the answer and explanation

Answer: D. No, as for an unrelated-party deal a valuation is needed only at a 25% ratio

Common mistake

Applying the 5% related party valuation trigger to an ordinary acquisition.

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 →

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.