Timely revamp of IPO listing rules


THE recent proposed revamp of Bursa Malaysia’s listing requirements by the Securities Commission (SC) is seen as an overdue update to outdated thresholds.

The new thresholds also sets clearly the lines between the Main Market and the ACE Market listing criteria, as we do see some overlapping, whereby companies that are clearly qualified to be listed on Main Market choose to list on the ACE Market instead.

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