has proposed to undertake a transfer of its listing and quotation for its entire issued share capital from the ACE Market of Bursa Malaysia to the Main Market.
“GFM qualifying for the transfer to the Main Market of Bursa Securities is a testament of the financial strength of our group and we look forward to further fortifying our progress as we move forward," he said. This exceeds the profit requirements for the proposed transfer, which requires an aggregate after-tax profit of at least RM20mil for the past three full financial years and an after-tax profit of at least RM6mil for the most recent financial year.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more: