By Adeline Paul Raj
Published: 2009/05/09
The Mesdaq market will be transformed into an alternative market, called ACE Market, which will be open to companies of all sizes and economic sectors.
The stock market's main and second boards will merge into a unified board, known as the Main Market, under a major revamp aimed at making Malaysia a more attractive listing destination.
All existing companies on the two boards will be moved to the Main Market, Securities Commission (SC) chairman Datuk Zarinah Anwar said.The revamp will also see the Mesdaq market being transformed into an alternative market, called ACE Market, which will be open to companies of all sizes and economic sectors.
Currently, it is mainly for technology and high-growth firms.These changes, which will take effect on August 3, are part of a new framework for listings and equity fund-raisings jointly launched by the SC and Bursa Malaysia yesterday.
About Me
- Nuang
- Ibrahim bin Ramli@Nuang started his career with CIMB Wealth Advisors Berhad as Agency Manager in April, 2008.Previously he was an Internal Auditors and Accounts Executive with Perodua Sales Sdn Bhd since 17 August, 1994. His background:- 1.Certified of Achievement for Master Sales Leadership from Dr Lawrence Walter Ng of President of The Art Of Learning and International Of Learning Without Learning 2.Certified for eXtra Ordinary Performance of Lawrence Walter Award Certificate for One Million Ringgit Club 2007 3. Certified Life & General insurances 4. Conferred with Diploma in Business Studiess & Bachelor of Business Admin(Hons)Finance from UiTM, Terengganu Branch & Shah Alam respectively;
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