PETALING JAYA: The Securities Commission (SC) has published a consultation paper, inviting feedback on various proposals to enhance value propositions of the public market.
In a statement, the SC said the consultation paper is related to listings on the Main and ACE Markets.
“The proposals aim to improve accessibility to listing for issuers and to ensure that the public markets are clearly defined with fit-for-purpose frameworks.
“The consultation paper seeks feedback on several key areas. They include enhancing the routes for listing on the Main Market and strengthen the ACE Market’s role as a stepping stone for small and mid-sized corporations by aligning the listing requirements with the ACE Market’s sponsor-driven framework.”
The SC said reforms to Main and ACE Market listings are targeted for the first half of next year. The public consultation period is from Nov 12 to Dec 31.
