Bursa Malaysia introduces new transfer of listing framework from Leap Market to Ace Market

  • 📰 malaymail
  • ⏱ Reading Time:
  • 56 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 26%
  • Publisher: 86%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

KUALA LUMPUR, March 31 — Bursa Malaysia Securities Bhd (Bursa Malaysia) today issued amendments to the Ace Market Listing Requirements (Ace LR) in relation to the transfer of...

KUALA LUMPUR, March 31 — Bursa Malaysia Securities Bhd today issued amendments to the Ace Market Listing Requirements in relation to the transfer of listing framework from the Leap Market to the Ace Market which will facilitate eligible Leap Market listed corporations to graduate to the Ace Market.

“The exchange will continue to pursue efforts to better serve our purpose as an important avenue for companies to raise funds. With these amendments, we look forward to a more vibrant Leap and Ace Markets,” he said in a statement today. As at March 29, 2023, the market capitalisation of the entire Leap market stands at RM5.5 billion, with 48 companies listed on the Leap Market.Under the new Leap Market Transfer Framework, to qualify for a transfer of listing, a public listed company must have been listed on the Leap Market for at least two years, be assessed and considered as suitable for listing on the Ace Market by a sponsor, and undertake a public issue of shares on the Ace Market.

Besides, a transfer applicant must retain the services of a sponsor for two full financial years following its admission to the Ace Market, or one full financial year after it has generated operating revenue, whichever is the later.The enhanced Ace LR also enables eligible Approved Advisers to play a role in the Ace Market, pursuant to the newly introduced Recognised Approved Adviser Framework.

このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 1. in JP
 

コメントありがとうございます。コメントは審査後に公開されます。

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

MKH to list subsidiary on Bursa Malaysia main marketKUALA LUMPUR: MKH Bhd has proposed to list its wholly owned subsidiary MKH Oil Palm (East Kalimantan) Bhd (MKHOP) on the Main Market of Bursa Malaysia.
ソース: staronline - 🏆 4. / 75 続きを読む »