Players laud measures for capital markets

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Market observers say these measures are a good step forward for the local capital markets.

The government also plans to extend the tax exemption of up to RM1.5mil on listing expenses related to the ACE and LEAP Markets until the 2025 year of assessment.

TO encourage the listing of local, high-quality technology companies, the government will allow the listing of dual-class shares under the revised Budget 2023. Dual-class shares generally refer to two different classes of shares, whereby one class gives superior voting rights to bosses of companies.

 

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