Capital Market
What We Do
Our Capital Markets practice advises issuers, sponsors, intermediaries, and investors on a wide range of equity and debt capital markets transactions. We act across public and private offerings, supporting clients through the structuring, offering, and regulatory aspects of capital markets exercises.
Our experience includes advising on initial public offerings, share listings on Bursa Malaysia Securities Berhad, private debt securities issuances, and structured financing exercises. We regularly assist clients with compliance matters under the Bursa Malaysia Listing Requirements, as well as legal due diligence and regulatory reviews in connection with acquisitions, restructurings, and other corporate transactions. The practice also advises on the structuring and establishment of investment funds, including unit trust schemes, real estate investment trusts, and private investment vehicles, within Malaysia’s evolving regulatory framework.
How We Can Assist You
We advise companies, issuers, underwriters, investors, trustees, and financial institutions on a broad range of capital markets transactions, from initial structuring through to regulatory approvals and completion. Our work encompasses equity and debt offerings, listings, and private placements, as well as structured finance and hybrid capital exercises.
We assist clients with compliance under applicable securities laws and the Bursa Malaysia Listing Requirements, including the preparation and review of offering documentation and transaction disclosures. Our broader corporate capabilities allow us to support legal due diligence, regulatory audits, and transactional execution for capital markets‑related acquisitions, restructurings, and fund formations. Throughout each engagement, we focus on delivering clear, practical advice aligned with our clients’ commercial objectives and transaction timelines.
FAQs
What laws regulate capital markets in Malaysia?
Capital markets in Malaysia are primarily governed by the Capital Markets and Services Act 2007 and regulated by the Securities Commission Malaysia. These are supplemented by guidelines, codes, and listing requirements issued by Bursa Malaysia for listed entities and market participants
What is required to list a company on Bursa Malaysia?
A company seeking listing must satisfy financial thresholds, public shareholding spread, and governance requirements under Bursa Malaysia Listing Requirements. It must also submit a prospectus, undergo due diligence, and obtain regulatory approval from the Securities Commission Malaysia, depending on the structure of the offering.
What is a prospectus and what must it contain?
A prospectus is a disclosure document issued to potential investors, containing material information about the issuer’s business, financial position, risks, and management. It must comply with statutory disclosure standards under Malaysian securities laws to ensure investors can make informed investment decisions.
What are continuous disclosure obligations for listed companies?
Listed companies are required to promptly disclose material information that may affect the price or value of their securities. This includes financial results, corporate developments, and significant transactions, in accordance with Bursa Malaysia Listing Requirements and applicable securities regulations.
What is a rights issue and how does it work?
A rights issue is a method of raising capital by offering existing shareholders the right to subscribe for additional shares, usually at a discount. It is subject to regulatory requirements and shareholder approvals, depending on the size and structure of the issuance.
What are Sukuk in the capital market context?
Sukuk are Shariah-compliant securities structured based on underlying assets or projects. They are regulated within Malaysia’s capital market framework and must comply with both securities laws and Shariah requirements, making them a key component of the Islamic capital market.
What constitutes insider trading under Malaysian law?
Insider trading involves dealing in securities while in possession of non-public, price-sensitive information. It is prohibited under the Capital Markets and Services Act 2007 and may result in civil and criminal penalties, including fines and imprisonment.
What is the role of the Securities Commission Malaysia?
The Securities Commission Malaysia regulates and supervises capital market activities, licenses intermediaries, enforces securities laws, and promotes market integrity. It also plays a key role in developing Malaysia’s capital markets, including the Islamic capital market segment.
What is a takeover offer and how is it regulated?
A takeover offer arises when an entity seeks to acquire control of a listed company. Such transactions are governed by the Malaysian Code on Take-Overs and Mergers, which sets out requirements for mandatory offers, disclosures, and shareholder protections.
What ESG requirements apply to listed companies?
Listed companies are required to disclose sustainability-related information, including environmental, social, and governance practices, under Bursa Malaysia’s sustainability reporting framework. These disclosures form part of ongoing obligations to enhance transparency and accountability to investors.
Why We Stand Out
Quality
Personalized service from a focused team of lawyers, capable of handling complex, high-value transactions. Agile and client-focused, offering premium expertise without the bureaucracy of larger firms.
Experience
Extensive experience engaging with government-linked companies (GLCs), public-listed companies (PLCs), and private corporations across diverse industries.
Strong capability in handling compliance-heavy projects, corporate governance, and large-scale infrastructure or financing transactions.
Global
Active involvement in LAWorld, a non-exclusive international legal network of nearly 70 independent mid-sized law firms across 100 cities worldwide.
This membership gives MRCO clients instant access to vetted foreign counsel, local expertise, and seamless support for cross-border transactions and disputes.
Digital
MRCO operates as a digitally forward firm, utilizing modern cloud tools and cutting-edge hardware and software. Its meeting rooms feature the latest meeting tools to ensure seamless connectivity, reflecting the absolute commitment to legal innovation in Malaysia today.
Sustainable
MRCO is an ESG-driven law firm, embedding sustainability principles into its daily operations and legal advice.
Actively developing ESG clauses across multiple practice areas and guiding clients toward sustainable business practices aligned with global standards.