Bursa seeks opinion on LEAP Market transfer listing

Bursa said e proposed LEAP Market transfer framework is underpinned by two main regulatory principles. Firstly, there is no regulatory arbitrage on the standards and quality of corporations listed on the ACE Market.Secondly, there will be adequate disclosure of the business, financial condition, management and other matters pertaining to the transfer applicant for informed investment decision making by investors.

PETALING JAYA: Bursa Malaysia is seeking public feedback on the proposed framework for transfer of listings from the LEAP Market to the ACE Market.

Under the proposed framework, a LEAP Market company can only transfer listing into the ACE Market if it has been listed for at least two years on the LEAP Market.