What Is Ace Market In Bursa Malaysia

Under the enhanced framework of the ace market there will be certain streamlining of regulatory functions such as.

What is ace market in bursa malaysia. The seminar entitled an overview of the ace market and ace market listing requirements started at 4 35 pm with 40 participants. It was formerly known as the mesdaq market prior to 3 august 2009. Meanwhile companies that are more industry specific aiming to get listed in bursa malaysia will do so at the ace market. The ace market was derived together with the unification of the main and second board into the main market of bursa malaysia in 2009.

Ace s old name in klse is mesdaq market. Click on a name in blue to go to the company s website. 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. Ace is secondary stock market in klse.

It made malaysia the first asean country to have an alternative capital raising platform for underserved small and medium enterprises smes. For enquiries on listed companies click here to download contact list. Companies on bursa malaysia are listed under either the main or ace markets. The moderator for the event was cheong kee fong deputy chairperson of cclc.

Ace market is a sponsor driven market designed for companies with growth prospects. Sponsors must assess suitability of the potential issuers taking into consideration attributes such as business prospects corporate conduct and adequacy of internal control. Historical data charts. Securities commission sc will continue to register prospectuses of companies.

Links to the companies websites are provided in the list. The seminar was held on 24 sept 2010 at the premises of bursa malaysia. 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. However there is a large difference between mesdaq and ace.

To strengthen the position of bursa securities as a conducive capital raising destination the enhanced framework of the mesdaq market will be known as ace market effective 3 august 2009. Bursa saw the first listing on the leap market in october 2017. In some way the ace market is often regarded to be the post mesdaq market. The ace market was derived together with the unification of the main and second board into the main market of bursa malaysia in 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. Comprehensive information about the ftse bursa malaysia ace index.