General
5.1
X Ltd is a corporation incorporated outside Malaysia. It intends to seek a listing on the ACE Market.
(a)
Can X Ltd seek a primary listing on the ACE Market?
Yes, X Ltd can seek a primary listing on the ACE Market.
(b)
If X Ltd has a primary listing on another stock exchange, can it seek a secondary listing on the ACE Market?
No, it cannot. X Ltd is not allowed to seek a secondary listing on the ACE Market. Secondary listing of a foreign corporation is only allowed on the Main Market.