However, under paragraph 4.0 of Practice Note 28, the Quotation Application is merged with the ALA. Hence, only 1 application is required to be submitted to Bursa Securities ("Consolidated Application"). All the requisite documents/confirmations required under the Quotation Application will be procured in the form of undertakings when the listed issuer submits its Consolidated Application.
procedures under paragraph 4.0 of Practice Note 28 are similar to paragraph 3.0
of Practice Note 28 in relation to the listing of bonus issue of securities and
convertible securities arising from the bonus issue, which was implemented
successfully in April 2007 with the objective of shortening the time to market.