What Is Ace Market Listing

The first seminar organised by cclc for the term focused on the ace market.

What is ace market listing. This article is designed to equip directors of companies seeking to list their companies on the ace market of bursa malaysia bursa with an overall understanding of the framework and process flow leading up to the initial public offering ipo. Logically the listing status of a main market company should be worth more than that of an ace market company as the former is able to attract more a bigger pool of investors mainly because many institutional funds do not have the mandate to invest in ace market listed stocks. It was formerly known as the mesdaq market prior to 3 august 2009. The seminar entitled an overview of the ace market and ace market listing requirements started at 4 35 pm with 40 participants.

Ace market is a sponsor driven market designed for companies with growth prospects. Options includes options under a share scheme for employees convertible securities and any other types of options in respect of the issued or unissued securities of a corporation. Ace s old name in klse is mesdaq market. This is where they might not have the large and high amount like companies in the main market but would probably have a strong product or service portfolio which if given more capital would surely succeed.

Click on a name in blue to go to the company s website. Ace is secondary stock market in klse. This is a stock market in kuala lumpur stock exchance klse is known bursa malaysia. A is access c.

Official list means a list specifying all securities which have been admitted for listing on the ace market and not removed. While current listing rules for the ace market do not prohibit loss making companies from listing there are very few instances where such companies have successfully listed. This article first appeared in the edge malaysia weekly on february 6 12 2017. Sponsors must assess suitability of the potential issuers taking into consideration attributes such as business prospects corporate conduct and adequacy of internal control.

Ace marketing is a marketing and fundraising firm. Note to listed companies. The moderator for the event was cheong kee fong deputy chairperson of cclc. If you would like your website to be linked below kindly send your website address to email protected.

Please note that not all companies have websites.