KUALA LUMPUR: Mestron Holdings Bhd
(MHB) has received approval from the Securities Commission (SC) for the transfer of its shares and warrants from the ACE Market to the Main Market of Bursa Malaysia.
In a statement yesterday, MHB said the approval, granted via a letter dated Nov 20, allowed it to expand its investor base to include those who are interested in investing in Main Market companies.
Managing director Por Teong Eng said the transfer would open new avenues of growth and investment opportunities for MHB.
“While the company will continue to focus on the telecommunications sector offerings particularly the rising demand for specialty poles amid the rollout of the Jalinan Digital Negara initiatives nationwide, the group is also exploring earnings accretive merger and acquisition opportunities,” he said. — Bernama
