CEO Morning Brief

Hextar Industries to Complete Transfer to Main Market on June 28

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Publish date: Thu, 27 Jun 2024, 10:18 AM
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TheEdge CEO Morning Brief

KUALA LUMPUR (June 26): Hextar Industries Bhd (KL:HEXIND) will begin trading on Bursa Malaysia's Main Market instead of the ACE Market come Friday (June 28).

According to a statement by Bursa Malaysia, the stock short name and stock number of the agrochemicals producer will remain unchanged.

Hextar Industries was listed on the ACE Market in February 2014.

It first proposed the listing transfer in November 2023 to provide the group with greater recognition and acceptance among investors, as well as to elevate its corporate image among clients, contractors, business partners and bankers.

Hextar shares rose half a sen to close at 39.5 sen on Wednesday, valuing the group at RM1.07 billion. The stock has changed little year to date.

Source: TheEdge - 27 Jun 2024

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