MALAYSIA EXCHANGE`S MAIN, ACE MARKETS TO COME ON STREAM MONDAY

KUALA LUMPUR, July 30 (Bernama) -- Malaysia Exchange said the new board
structure encompassing the Main Market and ACE Market is on schedule for
implementation on Aug 3.

Under the new structure, Main and Second Boards will be merged into a single
unified board for established companies and will be called the Main Market.

The current MESDAQ Market, which is for technology-based and high growth
companies, meanwhile will be transformed into an alternative market for emerging
companies of all sizes and sectors and will be called the ACE Market.

ACE stands for Access, Certainty and Efficiency.

The new board structure provides companies with a clearly defined platform
to raise capital, which will enhance efficiency, access and certainty in the
fund raising process as well as ensuring that investor protection remains
intact.

Malaysia Exchange said in a statement Wednesday that following the change,
the FTSE Malaysia Exchange Second Board Index will retire while the FTSE
Malaysia Exchange MESDAQ Index will be renamed as the FTSE Malaysia Exchange ACE
index.

Eligible Second Board constituents will be absorbed into the Main Market
indices and these changes will take effect on Aug 3, it said.

-- BERNAMA