BURSA Malaysia achieved a new milestone last week when an Australian Stock Exchange (ASX) listed company, OM Holdings Ltd (OMH), was granted a secondary listing. The listing was deemed as a direct listing as no new shares or existing shares were sold or offered to the investors here.
The company’s listing in Australia remains the primary stock market listing. When a company’s shares are listed in two markets, investors and traders always look for potential arbitrage opportunities.
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