Some Facts About Companies Seeking to Be Listed on Bursa Malaysia
  MESDAQ Market Main Board Second Board
Paid-up capital
  • Minimum RM2 million
  • For a technology incubator company, the minimum issued and paid-up share capital is not less than RM20 million
  • Minimum RM60 million
  • Minimum RM40 million
Track record
  • No specific
    profit/track record
  • Uninterrupted profit record of 3 to 5 full financial years, with a total after-tax profit of not less than RM30 million. For the most recent year, the profit after tax must be a minimum of RM8 million
  • Uninterrupted profit record of 3 to 5 full financial years, with a total after-tax profit of not less than RM12 million. For the most recent year, the profit after tax must be a minimum of RM4 million
Operating history (minimum)
  • No specific
    history operating history for
    (minimum) technology-based
    company
  • At least 12 months business operation for technology incubators
  • Other than the above companies - must generate operating revenue for at least 3 years
  • In business for a minimum of 5 years
  • In business for a minimum of 5 years

Note: The comparative table is only a summary of the listing requirements for Bursa Malaysia's Main Board, Second Board and MESDAQ Market. It is not an exhaustive list of similarities or differences between the three markets. For a more detailed and comprehensive review, investors can refer to the Guidelines for Initial Public Offerings and Listings on the MESDAQ Market and the Policies and Guidelines on Issue/Offer of Securities.