KUALA LUMPUR: YX Precious Metals Bhd
has secured approval from the Securities Commission (SC) for the transfer of its listing to the Main Market of Bursa Malaysia from the ACE Market.
The gold jewellery wholesaler and manufacturer said SC had, vide its letter dated July 22 approved the transfer.
In the first quarter ended March 31, YX posted a higher net profit of RM2.7mil, or earnings per share of 0.73 sen against RM2.65mil, or 0.71 sen in the same period last year.
Its revenue rose to RM68.6mil from RM62.6mil previously.
"We are thrilled to announce our transfer to the Main Market. This milestone reflects the hard work of our team and our commitment to delivering value to our stakeholders. We look forward to leverage new opportunities and drive our growth strategy forward," managing director Ng Sheau Chyn said.
