Tay & Partners: Regulatory changes for ACE Market IPO
Bursa Malaysia Securities Berhad (“Bursa Securities”) has assumed the functions of prospectus review and registration in respect of ACE Market initial public offering (“IPO”) and listing from the Securities Commission Malaysia (“SC”) since 1 January 2022.
The following laws and guidelines have been amended to facilitate the migration of the said functions from the SC to Bursa Securities. The amendments come into force on 1 January 2022.
- Capital Markets and Services Act 2007
- ACE Market Listing Requirements (“AMLR”)
