Trading of GD Express Carrier Bhd will be tranferred to the Main Market of Bursa Malaysia Securities Bhd from the ACE Market.

In a statement today, Bursa Malaysia Securities said GD Express would be traded under the "Trading/Services" sector, beginning August 5, 2013.

With the transfer, the stock short name and stock number for GD Express remain unchanged.

The company was listed on the ACE market in May 2005.

It provides express delivery service for both the domestic and international markets and operates a network of 130 stations, comprising 55 branches, two affiliate stations, 49 agents and 24 lodge-in centres throughout Malaysia.

As at 12.22pm, GD Express was traded one sen higher at RM2.90 with 41,500 shares changing hands.-- Bernama