Profiting from arbitrage opportunities

BURSA Malaysia achieved a new milestone last week when an Australian Stock Exchange (ASX) listed company, OM Holdings Ltd (OMH), was granted a secondary listing. The listing was deemed as a direct listing as no new shares or existing shares were sold or offered to the investors here.

The company’s listing in Australia remains the primary stock market listing. When a company’s shares are listed in two markets, investors and traders always look for potential arbitrage opportunities.