Sifus, want to ask. Whats the differences between ACE & Main market ?
In the case below, how would SCICOM benefit ? Also on transfer of listing, would the price still be same ?
====
0099 SCICOM SCICOM (MSC) BHD
TRANSFER OF LISTING
SCICOM (MSC) BERHAD ("SCICOM" OR THE "COMPANY")
TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP
SHARE CAPITAL OF SCICOM FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA
MALAYSIA SECURITIES BERHAD ("TRANSFER")
The terms used herein, unless the context otherwise stated, bear the same
meaning as those defined in the earlier announcements in relation to the
Transfer.
We refer to the announcements made by OSK Investment Bank Berhad ("OSK"), on
behalf of the Board of Directors of Scicom ("Board") on 26 October 2009, 16
December 2009 and 12 March 2010.
On behalf of the Board, OSK wishes to announce that Bursa Malaysia Securities
Berhad ("Bursa Securities") had, vide their letter dated 17 March 2010,
approved the transfer of Scicoms entire enlarged issued and paid-up share
capital from the ACE Market to the Main Market of Bursa Securities, under the
Trading/ Services sector.
The Transfer will take effect immediately two (2) clear market days upon the
issuance of the following:-
(i) the introductory document in relation to the Transfer;
(ii) a box advertisement of the Transfer is advertised; and
(iii) announcement to Bursa Securities on the Transfer date via Bursa Link.
This announcement is dated 17 March 2010.
Added on March 19, 2010, 12:28 amQUOTE(whizzer @ Mar 18 2010, 05:28 PM)
Sifus, want to ask. Whats the differences between ACE & Main market ?
In the case below, how would SCICOM benefit ? Also on transfer of listing, would the price still be same ?
====
0099 SCICOM SCICOM (MSC) BHD
TRANSFER OF LISTING
SCICOM (MSC) BERHAD ("SCICOM" OR THE "COMPANY")
TRANSFER OF THE LISTING OF AND QUOTATION FOR THE ENTIRE ISSUED AND PAID-UP
SHARE CAPITAL OF SCICOM FROM THE ACE MARKET TO THE MAIN MARKET OF BURSA
MALAYSIA SECURITIES BERHAD ("TRANSFER")
The terms used herein, unless the context otherwise stated, bear the same
meaning as those defined in the earlier announcements in relation to the
Transfer.
We refer to the announcements made by OSK Investment Bank Berhad ("OSK"), on
behalf of the Board of Directors of Scicom ("Board") on 26 October 2009, 16
December 2009 and 12 March 2010.
On behalf of the Board, OSK wishes to announce that Bursa Malaysia Securities
Berhad ("Bursa Securities") had, vide their letter dated 17 March 2010,
approved the transfer of Scicoms entire enlarged issued and paid-up share
capital from the ACE Market to the Main Market of Bursa Securities, under the
Trading/ Services sector.
The Transfer will take effect immediately two (2) clear market days upon the
issuance of the following:-
(i) the introductory document in relation to the Transfer;
(ii) a box advertisement of the Transfer is advertised; and
(iii) announcement to Bursa Securities on the Transfer date via Bursa Link.
This announcement is dated 17 March 2010.
Nevermind, i manage to googled & found the following article from theStar
Still Enchanted with the Main BoardThis post has been edited by whizzer: Mar 19 2010, 12:28 AM