Highlights

save malaysia!

Author: savemalaysia   |   Latest post: Mon, 30 Nov 2020, 6:47 PM

 

Bursa's first virtual listing

Author:   |    Publish date:


KUALA LUMPUR: Bursa Malaysia Bhd welcomes its newest "member" on the ACE Market via a virtual listing ceremony today.

Bursa said Samaiden Group Bhd was its first virtual listing, a new offering by the exchange arising from the reinstatement of the conditional movement control order (CMCO) in Selangor, Kuala Lumpur and Putrajaya.

"In line with the CMCO requirements, Bursa Malaysia introduced this virtual listing service, enabling flexibility for new issuers during CMCO.

"Samaiden Group, one of Malaysia's leading consultants of renewable energy and environmental service provider, is the first company to utilise the virtual listing service offered by the exchange," it said in a statement.  

Bursa chief executive officer Datuk Muhamad Umar Swift said historically, listing ceremonies on the local bourse marked a significant milestone in a company's life cycle.

Muhamad Umar said the event usually attracted many invited guests of the company who come together to celebrate the event with the company's owners and promoters.

"Notwithstanding the CMCO, we are happy to maintain this long standing tradition. We will continue to leverage on technology to adapt our traditions to the continuously changing environment while always prioritising the health and safety of our stakeholders," he said.

Bursa expects to welcome four new listings in October. 

They are Southern Cable Group Bhd (October 16), Aneka Jaringan Holdings Bhd (October 20), Mr DIY Group (M) Bhd (October 26) and Econframe Bhd (October 27).

 

https://www.nst.com.my/business/2020/10/632461/bursas-first-virtual-listing

 

Share this
Labels: BURSA, SAMAIDEN

Related Stocks

Chart Stock Name Last Change Volume 
BURSA 8.20 -0.22 (2.61%) 1,560,600 
SAMAIDEN 1.46 +0.08 (5.80%) 38,671,800 

  Be the first to like this.
 


APPS
I3 Messenger
Individual or Group chat with anyone on I3investor
MQ Trader
View Trading Signals and run Live Backtest
MQ Affiliate
Earn rewards with MQ Affiliate Program
 
 

558  569  568  475 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 AT 0.200.00 
 YTL 0.645-0.005 
 SAPNRG 0.1150.00 
 KANGER 0.18-0.005 
 HIAPTEK 0.28+0.025 
 TDM 0.305+0.04 
 VIVOCOM 1.14+0.13 
 HIAPTEK-WB 0.065+0.02 
 FOCUS 0.67+0.015 
 BINTAI 0.82+0.025 

FEATURED POSTS

1. The Equity Market Index Benchmark in Malaysia CMS
2. Trading Scenarios of Derivatives Bursa Derivatives Education Series
3. Derivatives 101 Bursa Derivatives Education Series
4. Why Trade FKLI? Bursa Derivatives Education Series
5. MQ Trader - Introduction to MQ Trader Affiliate Program MQ Trader Announcement!
PARTNERS & BROKERS