For LFX, LS & TA
User ID

Password


Submit Reset
Forgot Password ?
Click Here
Apply Licence For
MENU
 About The Exchange
 Advantages of LFX
 Regulatory Structure
 Business Process
 Market Participants
 Listing
 Listing Sponsor
 Trading Agent
 LFX News
 F.A.Qs
 Training Site
 Public Holidays
 LFX Related Articles
 LFX Links
 LFX Disclaimer
 Contact Us
 Site Map


 ANSWERS

  1. How would information from LFX be disseminated?

    All information pertaining to LFX will be disseminated through its website at www.lfx.com.my. Meanwhile, all Trading Agents/Listing Sponsors will have on-line access to the necessary information.


  1. Are there any plans to allow members of the Exchange to become shareholders?

    LFX is not a members' Exchange. However, major market participants may be considered to become shareholders in the future.


  1. What are the tax incentives and exemptions available?

Amongst the various tax incentives and exemptions offered by the authorities are:

  • No capital gains tax
  • No contract note duties
  • No exit levies
  • Minimal corporate tax i.e. RM20,000 or 3% of taxable income for entities based in Labuan

    Kindly contact LOFSA for further details.


  1. What is the difference between LFX's and MESDAQ's Rules?

    LFX is set up to complement the various offshore financial services available in Labuan. As such, LFX is not meant to compete with MESDAQ and consequently, LFX is not considered as an alternative to MESDAQ. LFX does not intend to benchmark itself against MESDAQ but instead will be benchmarking itself against other offshore exchanges.


  1. Is it simpler to list on LFX than on MESDAQ?

    Being an offshore exchange and using other offshore exchanges as the benchmark, LFX listing requirements were formulated to achieve simplicity in operations without compromising on issues such as due diligence, investor confidence and confidentiality.


  1. Are there any other sources of information apart from LFX's website?

    We are constantly updating our website with current and relevant information. Should you require further information, please feel free to contact us.


  1. What is the target market of LFX? Is it aiming to market to the region? Will it focus on a niche market e.g. Islamic products?

    The primary target, with respect to issuers, is the securities/financial instruments of Malaysian companies and entities that are listed in other jurisdictions. LFX aims to bring these back to Malaysia.

    LFX intends to be the platform for the International Islamic Financial Market (IIFM) initiative promoted by LOFSA in trying to develop Labuan IBFC as the Islamic Financial market. It is envisaged that these Islamic financial instruments will be listed on LFX.

    LFX will cater for companies that require listing for compliance purposes. Listing in LFX is not hampered by restrictions imposed on the onshore market.


  1. Is LFX modelled after any particular Exchange?

    LFX was formed after a comprehensive study was performed on other similar offshore exchanges. The business process of LFX is based after considering all the strong points of all these exchanges. It would not be wrong to say that LFX is a unique exchange although there are bound to be similarities with other offshore exchanges.




Back