What Is Ace Market
Click on a name in blue to go to the company s website.
What is ace market. In some way the ace market is often regarded to be the post mesdaq market. If you would like your website to be linked below kindly send your website address to email protected. This is important if the ace market is to compete with the likes of catalist and gem. It was formerly known as the mesdaq market prior to 3 august 2009.
For ace meanwhile it is a lot more specific in various industries. However there is a large difference between mesdaq and ace. The ace market s regulatory framework also promotes greater transparency via enhanced disclosures. Please note that not all companies have websites.
Requires android 4 4 2. Sponsors must assess suitability of the potential issuers taking into consideration attributes such as business prospects corporate conduct and adequacy of internal control. This article first appeared in the edge malaysia weekly on february 6 12 2017. The moderator for the event was cheong kee fong deputy chairperson of cclc.
A is access c is certainty and e is efficiency taking over from the mesdaq market the ace market is different because it will be. The first seminar organised by cclc for the term focused on the ace market. While technology companies still dominate the ace market. Ace s old name in klse is mesdaq market.
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. Note to listed companies. 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. Ace market is a sponsor driven market designed for companies with growth prospects.
The former was then intended to trade only companies in the technology sector. 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. Full features android market google service is required.