Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift at the launch of the ‘Bursa Anywhere’ app in Kuala Lumpur June 11, 2019. — Bernama pic
“We have a well-diversified investor base, including the presence of strong, stable long-term institutional investors, who have continuously provided support to fund raising activity,” he said in his speech at the HPMT Holdings Bhd debut on Bursa Malaysia's Main Market here today. The World Bank recently ranked Malaysia as the 15th easiest place to conduct business — out of 190 economies — an improvement of nine places from the 24th place in the previous year, he added.
“The outlook for the cutting tools industry is positive, with a forecast compound annual growth rate of 3.8 per cent domestically and 3.9 per cent globally for the period 2019 to 2023.