search

I WOULD LIKE TO

SHARE
Listing Requirements Chapter 10 Series: Computation of Percentage Ratios
  • Overview
  • Objectives & Outline
  • Methodology
  • Participant Profile
  • Trainer
  • Overview
    PROGRAMME DETAILS

    DATE

    20 June 2019

    TIME

    9:00 AM – 5:00 PM

    VENUE

    Asian Banking School
    10
    SIDC
    CPE POINTS
    Companies listed on the Main Market of Bursa Malaysia enter into transactions, be it related party transactions (RPT) or otherwise, on regular basis. Accurate computation of percentage ratios is crucial in determining the listed companies’ obligations vis-à-vis Chapter 10 of the Listing Requirements. This programme will re-visit basic concepts of consolidation of financial results and an introduction to the “Elimination Technique” will enable participants to approach computation of percentage ratios in a different and efficient manner. The computation of all 8 percentage ratios and the “Rolling 12-month” method for monitoring of recurrent RPT (RRPT) will also be discussed.
    LEARNING LEVEL
    Foundation
    PROGRAMME FEE

    AICB / MIBA MEMBER

    MYR

    2,000*

    / PAX

    NON-MEMBER

    MYR

    2,300*

    / PAX

    *Subject to 6% Service Tax

    Jointly with:
  • Objectives & Outline
    LEARNING OBJECTIVES
    By the end of the programme, participants will be able to:
    • Explain the importance of accuracy in computing percentage ratios
    • Explain and advise various thresholds and obligations of the listed company vis-à-vis Chapter 10 of Listing Requirements
    • Describe the basic concepts of consolidation and equity accounting of financial results and the apply the same in computing percentage ratios
    • Apply the “Elimination Technique” in computing percentage ratios
    • Compute all eight (8) percentage ratios for different types / nature of transactions
    • Explain the rules of aggregation and the apply the same in computing aggregate percentage ratios for multiple transactions
    • Identify and apply the relevant rule of aggregation to computing of percentage ratios for RRPTs
    • Identify and apply the relevant percentage ratio for RRPTs and explain rationale thereof
    • Explain and advise announcement and shareholders’ approval thresholds for RRPTs
    • Apply the “Rolling 12-month” method in monitoring of RRPTs
    • Identify and avoid common mistakes in computing percentage ratios with various case studies
    PROGRAMME OUTLINE
    Overview
    • Objectives of computing percentage ratios
    • Relevant thresholds and obligations

    Basic concepts of consolidation and equity accounting of financial results
    • Net profits
    • Total assets
    • Net assets

    Common Pitfalls
    • Market capitalisation ratio
    • Net profit ratio
    • Total asset ratio
    • Shares issued ratio
    • JV ratio
    • Original cost ratio
    • Identifying net profit & net assets figures from financial statements

    Elimination Technique

    8 Ratios – Illustrated

    Aggregation Rule
    • Same party rule
    • Same asset rule
    • Contiguous land rule
    • Application of aggregation rule

    Aggregation rule & RRPTs

    • Relevant aggregation rule for RRPTs
    • Relevant percentage ratio for RRPTs
    • Announcement threshold (higher of 1% or RM1million rule)
    • Monitoring RRPTs and the “rolling 12-month” method

    Case Study
    • Acquisition of company by listed issuer
    • Acquisition of land by subsidiary of listed issuer
    • Acquisition of company by subsidiary of listed issuer
    • “Adding-across” principle in aggregation rule
  • Methodology
    Presentations and discussions with easy-to-understand illustrations using PowerPoint slides, coupled with selected real-life case studies to reinforce the understanding of the guiding principles behind the Listing Requirements. The trainer will also share his experiences from relevant cases that he has encountered in his capacity as a Bursa Officer and an advisor-in-practice.
  • Participant Profile
    Corporate finance personnel of investment banks with good knowledge and at least 1-year hands-on experience in the subject matter
  • Trainer

    CHEE KAI MUN

    Chee Kai Mun is the Director cum Principal Trainer of CKM Advisory Sdn Bhd, a company that focuses on providing specialized training relating to Bursa Malaysia’s Main and ACE Markets Listing Requirements (Listing Requirements).

    Prior to the formation of CKM Advisory Sdn Bhd, he was the Vice President of Listing Advisory & Development at Bursa Malaysia. He was instrumental in setting up and subsequently spearheading the Listing Advisory division, which is a specialized team in Bursa Malaysia that provides guidance and advice to listed companies and their advisors (namely, investment banks, legal firms, audit firms and secretarial firms) in interpretation and application of the Listing Requirements.
    Chee was also Director, Compliance & Advisory of Tricor Corporate Services Sdn Bhd, a corporate advisory firm in Kuala Lumpur. He was responsible for providing advisory services in compliance with Listing Requirements to their corporate secretarial and share registrar teams, as well as clients listed on the official list of Bursa Malaysia.

    He has accumulated more than 20 years of extensive experience in corporate advisory work relating to Listing Requirements. Chee has hands-on experience in this field from 3 perspectives – as a regulator with Bursa Malaysia, an advisor-in-practice with Tricor and as a team member of the corporate finance division in a listed company. He has also conducted training in Listing Requirements for Directors, CEOs, CFOs and Company Secretaries of listed companies.

REGISTER NOW
Please complete the following form to register with us. Alternatively, you can email us here or call us at +603 2742 7822 if you have any questions.
PAYMENT PROCESS

1

Please download the Payment Form for our Banking details and if making company sponsored payments

2

Upload your Payment Form/Receipt and submit with your online registration

3

You will receive a confirmation email upon successful registration
I'm Applying For
Programme Details
Select Programme
Please select a time slot.
FULL NAME
(as per NRIC/Passport) *
New NRIC No/Passport No*
Nationality*
Email*
Contact No*
Job Title/ Designation*
Department*
Company Name*
Mailing Address*
City*
Postcode*
Country*
AICB Membership No
(If Applicable)
Special Remarks
(IF APPLICABLE, PLEASE FILL IN YOUR FMAM (PPKM) MEMBERSHIP NUMBER HERE)
Upload Payment Receipt or Form*
*Required fields
Captcha validation failed.
Thank you for your submission. You should receive an automated email shortly at the email address you provided if the submission had gone through successfully. If you do not receive the email, please contact us at +603-2742 7822 or email training@asianbankingschool.com
There are currently no upcoming Programme slots.
Please email us here or call us at +603 2742 7822 if you want to check on future slots.

Copyright © Asian Banking School (ABS) (1024215-T). All rights reserved.

 CONNECT WITH US

Ooops!
Generic Popup