KUALA LUMPUR: LGMS Bhd
announced that the Securities Commission Malaysia (SC) has approved the transfer of the listing of and quotation for the entire issued share capital of the company from the ACE Market to the Main Market of Bursa Malaysia.
LGMS said in a Bursa Malaysia filing today that SC has vide its letter dated Jan 6, 2026 approved the proposed transfer under Section 214(1) of the Capital Markets and Services Act 2007.
"The SC also took note that LGMS has complied with the bumiputera equity requirement for public listed companies pursuant to its listing on the ACE Market,” it said.
LGMS, an investment holding company, has been listed on the ACE Market since June 8, 2022.
As at the latest practicable date (LPD), it said the issued share capital of the company is RM66.25 million comprising 456 million shares.
"Based on the record of depositors of LGMS as at the LPD, approximately 27.57 per cent of the issued share capital of the company is held by 2,216 public shareholders holding not less than 100 LGMS shares each. As such, LGMS has met the public shareholding spread requirement of the listing requirements,” it added.
The market capitalisation of LGMS is approximately RM229.6 million, based on the five-day volume weighted average market price of LGMS shares up to and including the LPD of 50.35 sen per share.
The group recorded total revenue of RM30.27 million in the financial year ended 2025 mainly contributed by the increase in revenue generated from the training services under the cyber risk prevention segment; and the compliance services under the cyber risk management and compliance segment. - Bernama
