ACE Market-listed Ecomate seeks transfer to Main Market

MUAR-BASED furniture specialist Ecomate Holdings Bhd, which made a debut on Bursa Malaysia’s ACE Market on Nov 8, 2021, has proposed to transfer its listing to the Main Market.

The transfer to the Main Market will enhance the group’s prestige and reputation and will accord it greater recognition and acceptance among investors, in particular institutional investors, Ecomate said in a bourse filing.

“In addition, the proposed transfer will also promote the group’s corporate image leading to greater recognition and confidence to clients, subcontractors, business partners, bankers, employees and shareholders,” it said.