Anyone knows what are the requirements for a company in Ace Market to transfer to Main Board? Redtone has been talking about wanting to transfer for quite a few years already.
To get listing in the Main Market, your company must provide a profit figure and uninterrupted profit after tax or PAT of 3 to 5 full financial years with an aggregate of a minimum of RM20 million and a minimum of RM6 million PAT in the latest full financial year.
Umobile is not interested in Redtone businesses. Too insignificant for Umobile. It just need a listed company to list in Bursa. as Umobile is not qualified to list. Bu
guess we just have to wait for another few more 10 days to go before it shoot up... Umobile is a giant compare to REDtone, eventhough its not listed. REDtone's biz more to niche market segment as compare to the end users game by UMobile.
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Sebastian Sted Power
3,429 posts
Posted by Sebastian Sted Power > 2017-07-03 09:09 | Report Abuse
actually Redtone much diversified than Umobile:- Redtone involved in THREE major SERVICES:-
Telecommunication Services
Managed Telecommunications Network Services
Industry Digital Services