[Simple Guide] Trade Markets on Bursa Malaysia — LEAP, ACE, Main Markets
[Simple Guide] Trade Markets on Bursa Malaysia — LEAP, ACE, Main Markets

[Simple Guide] Trade Markets on Bursa Malaysia — LEAP, ACE, Main Markets

Last Updated on Wednesday, 19 May 2021 by Zhen Thing

Here is a simple and essential guide to the three principal trade markets on Bursa Malaysia (formerly known as Kuala Lumpur Stock Exchange). The three trade markets you will see on Bursa Malaysia are LEAP Market, ACE Market, and Main Market. These are three different levels of trade markets for companies in different sizes and industries. This guide will help baby investors who are new to stock investing in bettering what these terms mean. Feel free to discuss your thoughts or doubts in the comments section. In addition, you may chat with us directly if you have further doubts and if you want the fastest response.

Main Market

Companies & Industries

The Main Market is where you will find famous companies in prominent industries in Malaysia like oil & gas, airlines and manufacturing. This market is for companies that have achieved stability and meet the standards of their quality, size, and operations (at least 15 years in operation). Besides shares, REITs, Warrants and ETFs are also trading daily. By the end of every trading day, the top 30 companies’ share performances will contribute to the FBM-KLCI index. Today (4 May 2021), Bursa Malaysia has 778 listed companies in the Main Market, including known companies like AirAsia Group Bhd (Consumer), Mr D.I.Y. Group (M) Bhd (Consumer), Sime Darby Property Bhd (Property), Top Glove Corp Bhd (Healthcare), and others.

Stock Trading

To list in the Main Market, the company must issue at least 25% of its total shares to the public.

Eligibility to Trade

Public investors like you and me can trade in the Main Market.


ACE Market

Companies & Industries

The ACE Market is for more industry-specific companies that aim to get listed in Bursa Malaysia. In some ways, it often regards the post-MESDAQ market. However, there is a significant difference between MESDAQ and ACE. The former intended to trade only in companies in the technology sector. In comparison, ACE is a lot more specific in various industries. While technology companies still dominate the ACE Market, new players are coming up as well. Today (4 May 2021), Bursa Malaysia has 138 listed companies in the ACE Market. It includes companies like Focus Point Holdings Bhd (Consumer), IRIS Corp Bhd (Technology), LYC Healthcare Bhd (Healthcare), and many more.

Stock Trading

To list in the ACE Market, the company must issue at least 25% of its total shares to the public.

Eligibility to Trade

Public investors like you and me can trade in the ACE Market.


LEAP Market (Leading Entrepreneur Accelerator Platform)

Companies & Industries

The LEAP Market is the latest platform intended for SMEs, where you will find companies in the technology, healthcare, manufacturing, engineering, food, apparel and servicing industries. This market is designed specifically for the smaller players that want to get listed to inject more funds for their company but do not have the financial muscle as those in the two more extensive markets. LEAP Market is for companies in their seeding phase (early growth stages) before going public via the ACE or Main Markets. SMEs will find this market extremely helpful for better exposure in the public platform while ensuring more investment in the company. Today (4 May 2021), Bursa Malaysia has 39 listed companies in the LEAP Market, not entirely industry-specific. Among the companies in this market are MCOM Holdings Bhd (Technology), MYKRIS International Bhd (Telecommunication), Top Vision Eye Specialist Bhd (Healthcare), and more. 

Stock Trading

To list in the LEAP Market, the company must issue at least 10% of its total shares to the public.

Eligibility to Trade

Only “sophisticated investors” categorises as accredited investors or high-net-worth entities & individuals can trade in the LEAP Market.
A sophisticated investor is:

  • Someone whose total net personal assets exceed RM3 million or equivalent in foreign currencies; AND,
  • His/her corporations, partnerships and trust companies need to have assets worth more than RM10 million.
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