Malaysia's IPO market remained active in 2023 with 32 listings, supported by quality issuers and active investor participation. The IPO amount raised held steady at US$790 million and the IPO market capitalisation increased by 18% to US$2.
99 billion. Despite the normalisation of interest rates and a downbeat economic outlook, the total amount of funds raised remained above pre-Covid-19 levels.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Business Business Latest News, Business Business Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Significant Growth in Malaysia's Electric Vehicle MarketThe market for electric vehicles in Malaysia has experienced significant growth over the past year, with a 300% increase in EV registrations. Many traditional car brands have also introduced fully electric models. As a result, the EV of the Year awards have been expanded to acknowledge this growth. The awards were determined through an open nomination process and evaluated by a panel of experts. The aim of these awards is to recognize cars that offer the best value in terms of features, technology, performance, and comfort.
Source: Soya_Cincau - 🏆 16. / 55 Read more »
Pheim Malaysia's Biggest Investment Wins Came During Market CrashesPheim Malaysia has thrived and achieved its highest investment returns during financial and market crises over the past 30 years. The fund management company, founded by Tan Chong Koay in 1994, has been recognized with numerous international awards. Tan believes that market crises offer opportunities for investors to buy stocks at discounted prices.
Source: fmtoday - 🏆 5. / 72 Read more »
Malaysia's Fintech Market Poised for Significant GrowthThe financial technology (fintech) landscape in Malaysia is thriving, marked by strong government support and a solid financial infrastructure. Experts highlight specific challenges that need attention and resolution to sustain and enhance this success. The Malaysia fintech market is expected to experience significant growth, with transaction value projected to increase from RM187.51 billion in 2023 to RM386.4 billion by 2028, reflecting a compound annual growth rate of 15.56%.
Source: theSundaily - 🏆 25. / 51 Read more »