Bursa Malaysia Main Market Listing Requirements

Bursa malaysia this is a brief introduction to the unified board of both main board and second board companies under the main market.

Bursa malaysia main market listing requirements. Bursa malaysia listing requirements main market. This amendment is made pursuant to section 9 of the capital markets and services act 2007. Main market where the big companies are doing the fund raising and shares trading with public as such sunway group petronas and banks while ace markets where companies are thriving to grow with the ultimate aim in entering main market. Criteria 2 1 pursuant to paragraphs 8 04 2 of the listing requirements where a listed issuer triggers any one or more of the following prescribed criteria it must comply with the provisions of paragraph 8 04 and this practice note.

In comparison the requirements between listing in the main and ace markets differ considerable much. Welcome to asklisting bursa our all new on line portal to serve our listed issuers directors of listed issuers and their advisers with regards to interpretation and compliance with the listing requirements for the main and ace markets main ace lr. Listing at bursa malaysia there are 2 markets. Technically all companies are free to apply for listing as long the company is proven in having growth positively.

Of these listing requirements and practice notes together with any subsequent amendments issued from time to time by bursa malaysia securities berhad. On 29 november 2017 bursa malaysia securities berhad bursa malaysia announced various revisions to the main market listing requirements mmlr as part of its ongoing efforts to ensure the continued relevance and effectiveness of its listing requirements and to align the mmlr with the following developments. Rm500 million totals in market capitalisation. The requirements that must be complied with by a pn17 issuer including a pn17 business trust.

Initial public offering. You are invited to browse our interactivelr which has been designed to provide you with a new experience in reading our main ace lr with. P ursuant to paragraph 9 27 of the listing requirements the director or person primarily responsible for the financial management of the listed issuer as the case may be who signs the statutory declaration pursuant to section 169 16 of the companies act 1965 signatory must satisfy the requirements prescribed in that paragraph 9 27 requisite qualifications. Key changes to the listing requirement.

Key changes of the listing requirements for main market. A revamped companies act 2016 ca 2016 that came into effect on. Requirements for main market listing. In conjunction to section 17a of macc act 2009 macc act on corporate liability for corruption bursa malaysia has announced the amendments to listing requirements for main and ace market listed issuer in relation to anti corruption measures on 18 december 2019.