Bursa Malaysia invites feedback on proposed transfer of listing framework

In a filing with Bursa Malaysia, it said KLSD entered into a sale and purchase agreement with Tropicana Desa Mentari Sdn Bhd on the proposed acquisition

KUALA LUMPUR: Bursa Malaysia Securities Bhd is seeking public feedback on proposed amendments to the ACE Market Listing Requirements (ACE Market LR), in relation to the transfer of the listing framework from the LEAP Market to the ACE Market.

In a statement today, it said since the launch of the LEAP Market in July 2017, Bursa Malaysia has observed how most of the LEAP Market listed corporations have grown in terms of size and profitability.