Scomnet gets nod to transfer listing to Main Market

Supercomnet Technologies executive director Hsueh, Chih-Yu (left) and executive director Lim Eng Chuan

KUALA LUMPUR: Supercomnet Technologies Bhd (Scomnet) has been given the green light from the Securities Commission (SC) to transfer its shares and warrants from the ACE Market of Bursa Malaysia to the Main Market.

The group said in a filing with the stock exchange that the regulator had approved the proposed transfer under Section 214(1) of the Capital Markets and Services Act 2017 and under the bumiputra equity requirements for public-listed companies.