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KUALA LUMPUR (Nov 9): Semiconductor company JHM Consolidation Bhd will be transferring its listing to the Main Market of Bursa Malaysia.

In a bourse filing, the group said that it will be transferring its listing to the Main Market, from its current ACE Market listing, effective Nov 12, 2020.

As such, its entire share capital of 113.23 million shares worth RM557.60 million will be transferred to the Main Market.

“The stock short name, stock code and ISIN code remain unchanged,” it said.

The counter has been listed on the ACE Market for some 14 years since July 13, 2006.

The group first announced its listing transfer on Oct 16.

On a year-to-date (YTD) basis, the semiconductor company has risen by 11.76%.

As of the noon market close, it was trading 2.15% or four sen higher at RM1.90, valuing it at RM1.06 billion. It saw 1.58 million shares traded.

http://www.theedgemarkets.com/article/jhm-transfer-listing-main-market-nov-12