Bursa Malaysia’s outperformance may attract Singapore listcos seeking higher valuations
Singapore-listed UMS and Grand Venture Technology say they are eyeing secondary listings in Kuala Lumpur
BURSA Malaysia has been one of the top performing markets in the region, with numerous listings that have performed well. And the bourse is now drawing interest from Singapore-listed companies with a presence in Malaysia.
In the last three months, at least two companies listed here – semiconductor players UMS Holdings and Grand Venture Technology (GVT) – have said that they were eyeing a secondary listing in Malaysia.
UMS said that the listing could enable the company to tap a different equity market for future fundraising. On the other hand, GVT said that it could list by introduction, without raising funds.
Originally published by businesstimes.com.sg. Syndicated material does not necessarily reflect the views of Grazia British.
More Fashion
LEESA ROWLAND From Hollywood to the Unknown: The Producer, Writer, Actress and Model Creating Her Own Next Chapter
Leesa Rowland has never been defined by just one role. Actress. Model. Writer. Producer. Author. Creative visionary. Philanthropist. Each title represents a different part of a career…
The Rise of Trevor Dutch: Strength, Style and Substance
From New York City to Europe’s Fashion Capitals, Trevor Dutch Is Bringing Strength, Sophistication, and Individuality to Every Frame In a city that never slows down, Trevor Dutch has…
Commentary: This year's Met Gala proved one thing: The real devil who wears Prada is Jeff Bezos
Apparently not content with bankrupting Sears, Toys R Us, Radio Shack and countless other businesses; buying and then maiming the Washington Post; and leading the Tech Bro right turn to…
Bald eagle 'massaging' its mate? AI deepfakes collide with the laws of the wild
Shadow gingerly places one taloned foot, then the other, on Jackie as she hunkers down on the nest. With Big Bear Lake glittering in the distance, he raises each foot in a kneading motion…