Cnergenz Bhd’s move to transfer its listing status from the ACE Market to the Main Market has been approved by Bursa Securities.
In a Bursa filing today (Dec 18), UOB Kay Hian Research (UOBKH), on behalf of Cnergenz’s Board, informed that Bursa Securities has, via a letter dated Dec 18, approved the transfer of Cnergenz’s entire issued share capital from the ACE Market to the Main Market of Bursa Securities, under the ‘Technology’ sector.
“The transfer will take effect immediately two market days upon the announcement to Bursa Securities on the transfer date via Bursa LINK,” it said.
Cnergenz is primarily an investment holding company, principally an electronics manufacturing solutions provider, through its subsidiary SiP Technology Sdn Bhd. It specialises in surface mount technology (SMT) manufacturing solutions for the electronics and semiconductor industries.