Wednesday, 19 July 2017

Bursa Malaysia approves six more advisers for Leap Market


PETALING JAYA: Bursa Malaysia has affirmed six new counselors to be incorporated into the Register of Advisers for the Leading Entrepreneur Accelerator Platform (Leap) Market. 

The new affirmed counselors are Crowe Horwath Advisory Sdn Bhd, DWA Advisory Sdn Bhd, MainStreet Advisers Sdn Bhd, Strategic Capital Advisory Sdn Bhd, WYNCorp Advisory Sdn Bhd and ZJ Advisory Sdn Bhd. 

These new counselors are notwithstanding the current 14 key guides and patrons of the Main Market and ACE Market themselves' identity naturally admitted to the Register of Advisers of the Leap Market on June 16, said Bursa in an announcement. 

An affirmed counselor's duty is to evaluate the appropriateness of a candidate looking for posting on the Leap Market by undertaking due determination and making sensible enquiries on the potential candidates. 

They are likewise in charge of the readiness of the posting archives and to control the organization to agree to post-posting necessities. 

"The objective of the Leap Market is to give a stage to little and medium endeavors (SMEs) to raise reserves from the value advertise by posting on Bursa. 

"The counsels will assume a basic part in working with intrigued SMEs to decide their appropriateness for posting on the Leap Market, and from that point to direct them on their post-posting commitments," said Bursa CEO Datuk Seri Tajuddin Atan in the announcement. 

The development of consultants to past that of existing venture banks and agents is a piece of the new market structure of the Leap Market, which intends to extend the range of administrations accessible to SMEs looking to list on the new Leap Market.

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