KUALA LUMPUR: The low number of Mesdaq listings so far this year is not “out of the ordinary” in view of the stricter Securities Commission (SC) requirements and market slowdown, said SC issues and investment division director Datuk Kris Azman Abdullah.
Year to date, the SC has only received two applications for Mesdaq listings. Last year, the SC processed 88 applications, of which 50 were approved, 37 rejected and one deferred.
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