News Alert LEAP Market
02 July 2017
On 15 June 2017, Bursa Malaysia has announced the issuance of new Listing Requirements (LR) and various amended rules for the Leading Entrepreneur Accelerator Platform (LEAP) Market. The newly established market aims to provide small and medium-sized enterprises (SMEs) with fund raising access and visibility through the capital market.
The LEAP Market complements both the Main Market and ACE Market by addressing the funding gap faced by the SMEs. The LEAP Market rules have been formulated on a light-touch basis in tandem with it being a qualified market for Sophisticated Investors. It’s an ideal platform for SMEs who are currently underserved in the market to raise funds and enhance their profile in an efficient and cost effective manner.
The new LEAP LR and amended rules have been approved by the SC and will take effect on 16 June 2017.
Therefore, if you are looking to reach that next level, BDO Malaysia is well poised to advise your organisation.
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