OpenSys plans transfer listing to Main Market by Q3

TheStar Sat, Mar 05, 2022 09:00am - 2 years View Original


In a filing with Bursa Malaysia, OpenSys said the proposal signifies the growth, profitability and financial strength of the group as it has met the profit track record requirements for a transfer to the Main Market.

KUALA LUMPUR: Software company Opensys (M) Bhd has proposed to transfer its listing from the ACE Market to the Main Market of Bursa Malaysia by the third quarter (Q3) of 2022.

In a filing with Bursa Malaysia, OpenSys said the proposal signifies the growth, profitability and financial strength of the group as it has met the profit track record requirements for a transfer to the Main Market.

As at Jan 31, 2022, being the latest practicable date, the issued share capital of the group was RM29.79mil comprising 446.84 million ordinary shares.

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