Bursa Malaysia courts young firms and investors in bid to rejuvenate local stock market

  • 📰 The Straits Times
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 63%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Bursa Malaysia is aiming to list 42 companies in 2024.

SINGAPORE – Malaysia’s stock exchange wants to list more small and medium-sized enterprises as it takes steps to bring younger companies, as well as a new generation of investors, to the local stock market, a senior executive at the bourse said.

But Mr Umar noted that Malaysia is backed by a growing real economy, and foreign investors have been returning to the market.The country’s benchmark stock index is up by more than 20 per cent since January, closing at 1,596.68 on May 31. Meanwhile, shares of Bursa Malaysia have jumped by 22 per cent since May.

Malaysian companies that have secondary listings on the SGX include glovemaker Top Glove, IHH Healthcare, oil palm plantation TSH Resources and Malaysia Smelting Corp. In December 2023, Bursa Malaysia and credit ratings firm RAM Holdings launched a debt fund-raising platform for SMEs, allowing them to raise debt funding of up to RM5 million over a minimum tenure of one year.

A liquid market allows transactions to be completed quickly and at stable prices. Companies with liquid stocks can also draw more investors, enhancing their ability to raise capital.

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 8. in BE
 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Rezeca Renewables takes home Energy category trophy at SBR National Business Awards 2024pstrongThe company transformed digitally to elevate operational efficiency./strong/p pRezeca Renewables Pte Ltd emerged as the winner in the Energy category of the SBR National Business Awards 2024, highlighting its revolutionary approach to digital transformation in the renewable energy sector.
La source: SBRMagazine - 🏆 13. / 51 Lire la suite »

Singapore Business Review Awards 2024 Event HighlightsFrom innovative tech to strategic leadership, relive the night that celebrated companies driving Singapore&039;s dynamic business landscape. See the full list of winners here. SBRAwards
La source: SBRMagazine - 🏆 13. / 51 Lire la suite »