Genetec seeks Main Market transfer

PETALING JAYA: Genetec Technology Bhd is seeking to transfer listing of it entire 750 million ordinary shares from the ACE Market to the Main Market of Bursa Malaysia.

In a filing with Bursa Malaysia yesterday, the tech company said the proposed move to transfer increases the company’s credibility, prestige and reputation, as well as provide it with greater recognition and support from investors, particularly larger institutional and foreign investors.