What Is Ace Market Bursa

Ace market is a sponsor driven market designed for companies with growth prospects.
What is ace market bursa. Mesdaq came into existence in 1997 when it was the home of mainly technological stocks and today it is replaced by the ace market under bursa malaysia. The ace market which stands for access certainty efficiency is actually the new name for the formerly known mesdaq malaysian exchange of securities dealing and automated quotation market. The seminar was held on 24 sept 2010 at the premises of bursa malaysia. In some way the ace market is often regarded to be the post mesdaq market.
Meanwhile companies that are more industry specific aiming to get listed in bursa malaysia will do so at the ace market. Sponsors must assess suitability of the potential issuers taking into consideration attributes such as business prospects corporate conduct and adequacy of internal control. Ace s old name in klse is mesdaq market. However there is a large difference between mesdaq and ace.
The ace market is seen as the ideal market for start ups and new companies which are run by entrepreneurs who are looking to push for more capital by listing their companies public. The seminar entitled an overview of the ace market and ace market listing requirements started at 4 35 pm with 40 participants. Because they think the face value are small so they can all in their 10k with the hope it can double to 20k overnight. Please note that not all companies have websites.
Ace market is also defined as market. It was formerly known as the mesdaq market prior to 3 august 2009. The former was then intended to trade only companies in the technology sector. More information is available in the different sections of the ftse bursa malaysia ace page such as.
Treasury shares has the meaning given to it in section 67a 3a of the companies act 1965. Click on a name in blue to go to the company s website. Ace aka market are for those ballless warrant king player. A is access c.
They have rather small market cap new companies or mostly counters in ace market are partly bankrupt nor pn17 future candidates except boilerm. Ace is secondary stock market in klse. The moderator for the event was cheong kee fong deputy chairperson of cclc. Means bursa malaysia securities berhad ace market listing requirements including any amendment that may be made from time to time.
Note to listed companies. If you would like your website to be linked below kindly send your website address to email protected. This is a stock market in kuala lumpur stock exchance klse is known bursa malaysia.