What is main board and second board ( bursa malaysia)?

Question

What is main board and second board ( bursa malaysia)?

Answer 1

Bursa Malaysia offers three (3) boards, Main Board, Second Board and MESDAQ Market. Generally, Main Board is for more established companies, Second Board for relatively smaller companies and MESDAQ Market is for high growth and technology companies.

Both the Second Board and MESDAQ Market provide an avenue for relatively smaller companies to access the capital market early to fuel their expansion plans. Once established, they can transfer their listing status to the Main Board.

The main board has tougher listing criteria than the second board. The criteria are listed in the attached link.