Leap Market outperformers

TheStar Sat, Apr 24, 2021 07:30am - 1 year View Original

Take Uni Wall APS Holdings Bhd for an example. The stock has surged by over 558% since its listing on the Leap Market on Jan 15,2019.

SINCE its launch in July 2017, a total of 38 companies have been listed on Bursa Malaysia’s Leading Entrepreneur Accelerator Platform (Leap Market), raising almost RM200mil cumulatively.

Despite complaints of lack of liquidity and a narrow base of approved investors in the Leap Market, the platform has seen encouraging interest from small and medium enterprises, outperforming the listings on the Main and Ace Markets.

In 2018 and 2019, listings on the Leap Market were equivalent to listings on the Main and Ace Markets combined.


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