Requirements for LEAP to ACE Market jump tweaked

The stock exchange operator said a transfer application must demonstrate that there is a clear and transparent price discovery mechanism in place.

KUALA LUMPUR: Bursa Malaysia has issued amendments to the ACE Market listing requirements with regard to the transfer of listing framework from the LEAP Market.

Under the new LEAP Market Transfer Framework, a public-listed company (PLC) must have been listed on the LEAP Market for at least two years to be assessed and considered suitable for listing on the ACE Market by a sponsor.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!


Next In Business News

Asian FX mixed on US rate expectations, debt ceiling deal
Oil gains after US leaders strike debt deal
Public Bank targets RM33bil EEV lending by 2025
Thai economy resilient, on path to full recovery - finmin
Stocks rise on US debt ceiling deal but China drags
Mah Sing achieves RM600.6mil new property sales in 1Q, on track to meeting full-year target
Ambank wraps FY23 with net profit of RM1.74bil, declares final div of 12.3c per share
PETRONAS Chemicals remains cautious over outlook
Bursa fails to rally despite jump in regional optimism
Malaysia's producer price index eases to -3% in April 2023

Others Also Read