Just thinking ahead how can this inititiative turn to.

To date, 11 SMEs are interested in listing on the Leap Market and this includes,

Companies Interested In Listing:
- Accent Wellness Global Sdn Bhd
- Agrofresh International Group Sdn Bhd
- Cloudaron Pte Ltd
- East West One Group Sdn Bhd
- Macfeam Sdn Bhd
- Polymer Link Sdn Bhd
- ProEight Sdn Bhd
- Red Ideas Holdings Sdn Bhd
- Safetyware Sdn Bhd
- Trustgate Berhad (Associate company of Managepay Systems, MPAY)
- Upstream Downstream Process & Services Sdn Bhd

Further reading on today's official launch of the LEAP Market by Prime Minister today, http://www.thestar.com.my/business/busines...as-leap-market/

Source: Bursa Malaysia and The Star

Agree bro.

If the paid out to advisors and underwriters is ~10%, then IPO would be their last resort after exhausting other options. Future cost to maintain a board and annual audit will stack up another 10% or so in several years.

Some updates on LEAP, seems Asia Bio will be joining in by investing in LEAP Market firms.

http://www.theedgemarkets.com/article/asia...nts-leap-market

Source: The Edge Markets

Alot of big bank dun wanna do leap market ipo due high risk nature of the companily

Like rhb, maybank, aminvest..

Big banks only want do big IPOs that earn big $$$$ in fees.

Maybank don't do even ACE Market but only big IPO like Lotte and Malakoff.

And with Maybank, flaunt with all the top hot big IPOs that were too big to fail and they failed...

The fees that can manage to get from LEAP is very small, only boutiques are able to do it ROI wise. If the listed Co gets 10 mil, the advisor boutique gets maybe 1 mil? Big banks won't be able to service such clients.

And mostly flop
.. lol

Yup, what is RM1 million to them? A boutique investment firm with a RM 20 million worth of assets are more likely to take up the offer.

Correct

According to a seminar that I attended, CIMB estimated it will cost at least RM700,000 to be listed on LEAP market.

http://vcpartners.net/leap-market-ipo.html
Check the listing requirements

Reviving this topic, starting with our first LEAP IPO, Cloudaron Group Berhad. Will list on 3rd October. Pricing's at 11 sen per share. Ticker code is 03001, the stock name code will be announced later on.

TIMETABLE:

Allotment of Issue Shares 27 September 2017
Tentative listing date 3 October 2017

This post has been edited by ILoveLalat.net: Sep 20 2017, 11:49 AM

I heard anyone can buy from open market as long as the broker qualify u as high nett worth investor for leap market?

Yes, that's correct

how does one qualify to be a hnwi?

I ask means mmg not qualified liao but just curious

For a sake of dscussion; how do we repel the statement that leap market only makes the rich richer? Tq

Clouderon.. was told pe x 16 ..
Very high also

It's stated under Schedule 6 and 7 of the Capital Markets Services Act 2007.

An offer or invitation made to an individual–

(a) whose total net personal assets, or total net joint assets with his or her spouse,
exceed three million ringgit or its equivalent in foreign currencies, excluding
the value of the individual’s primary residence;

(b) who has a gross annual income exceeding three hundred thousand ringgit
or its equivalent in foreign currencies per annum in the preceding twelve
months; or

© who, jointly with his or her spouse, has a gross annual income exceeding four
hundred thousand ringgit or its equivalent in foreign currencies per annum in
the preceding twelve months

If you're unsure, call your broker for more details.

....or maybe to curb excess speculation? Not that I see this as a legitimate excuse

I have high hopes that this is only a trial and may probably open to retail investors at a later date. Even if this is open to retail investors, I'd rather put this on hold as probably it may just be like Hong Kong's GEM Market.

This post has been edited by ILoveLalat.net: Sep 27 2017, 05:37 PM

Is LEAP the same as GEM market? I thought GEM is like our 2nd board? What happened to GEM market?