The National Stock Exchange of Australia, Australia's second largest listing market, is pleased to welcome AdvanceTC Limited (NSX: A88) to the NSX official list. Trading commences at 12:30pm AEST on Friday 5th September 2014.
AdvanceTC is a premier company specialising in the design, development and commercialisation of high tech mobile wireless computing and telecommunication devices. It is the creator of the MAGIC™ brand of mobile computing devices and operates development facilities in Malaysia.
NSX Chief Executive Emlyn Scott said “NSX is attracting innovative companies from all around the world. In the last two months we have listed a Malaysian nanotechnology business, a Chinese funded Australian investment company, a US merchant payment services company, and now AdvanceTC Limited, a leading developer of tablet, laptop and microcomputers.”
Malaysian-based NSX Nominated Adviser Southasia Advisory, is acting for AdvanceTC.
NSX sees Malaysia as an ideal springboard for its growth in the south east Asian region. “Malaysia is a respected trading partner of Australia. Business opportunities between the two countries abound and many Malaysian companies are considering the benefits of listing on NSX.”
Mr Scott welcomed the listing of AdvanceTC. "AdvanceTC represents one of Australia’s biggest technology listings in 2014. It is another important listing for NSX and further proof of our global reach. We warmly welcome the AdvanceTC Board, executives and shareholders to NSX and wish them a prosperous future."