On 10 August 2022, Bursa Malaysia Berhad (Bursa) issued a Consultation Paper No. 2 of 2022 seeking public feedback on the proposed amendments to the ACE Market Listing Requirements (“ACE Market LR”), in relation to the transfer of the listing framework from the LEAP Market to the ACE Market (“Proposed LEAP Market Transfer Framework”). The public consultation also includes a proposal on a newly introduced recognised approved adviser framework allowing eligible Approved Adviser from the LEAP Market to serve as a replacement Sponsor to guide the ACE Market listed corporation and its directors on their post-listing obligations (“Proposed Recognised Approved Adviser Framework”).
The Consultation Paper and the relevant attachment/annexures can be accessed from the links below:
Members are welcome to provide their feedback and comments by submitting the Table of Comments to technical@maicsa.org.my by Wednesday, 14 September 2022.