Realignment of bumiputera-mandated agencies helps to double bumiputera companies on Bursa Malaysia

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CYBERJAYA: The government intends to double the number of resilient bumiputera companies to be listed on Bursa Malaysia in the future through the real...

: The government intends to double the number of resilient bumiputera companies to be listed on Bursa Malaysia in the future through the realignment of bumiputera-mandated agencies, namely the Unit Peneraju Agenda Bumiputera , Yayasan Peneraju and Ekuiti Nasional Bhd .

“This is one of the government’s measures to add more quality and resilient companies to go all the way to listing,“ he told the media after attending the Scaling Up Bumiputera Value Creation event here today. The government, according to him, already has a channel where it helps from the beginning to ensure that talents with potential can share their thoughts.

“So our focus is the creation of value, resilience and its potential,“ he said, adding that the financial support product provided by the government is in the form of credit and the company has to pay it back. Through the realignment announced by the Ministry of Economy today, YP, TERAJU and Ekuinas will play specific roles in the bumiputera entrepreneurial ecosystem.

 

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