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“Malaysia saw an influx of China-based companies seeking a primary listing via initial public offering on Bursa Malaysia about 15 years ago from 2009 to 2013, but a number of these companies have since delisted or undergone takeovers, largely due to corporate governance issues, financial performance and compliance with audit and listing requirements.
According to him, Malaysia has established itself as a leading destination for new data centre installations and an attractive semiconductor hub, driven by supportive government’s policies such as through the New Industrial Master Plan 2030, which aims to further strengthen the sector. Currently, he said, several Chinese companies in those mentioned areas and sectors have shown their interest in list on Bursa Malaysia.