HK and Malaysia Streamline Dual Listing Procedures

Securities regulators in Hong Kong and Malaysia introduced a simplified single application procedure for simultaneous dual listings. The initiative aims to enhance cross-border fundraising and strengthen market connectivity.

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FILE PHOTO: The logo of Hong Kong Exchanges & Clearing Ltd. (HKEX) is seen at the financial Central district in Hong Kong, China September 14, 2020.

Regulators in Hong Kong and Malaysia launched a joint framework on Wednesday afternoon allowing companies to submit a single application for dual IPO listings. The streamlined procedure brings into operation a memorandum of understanding signed by both authorities in July. The initiative follows similar cross-border streamlining moves by Singapore Exchange Ltd and NASDAQ INC last year.

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