KUALA LUMPUR: Malaysia has attracted significant interest in its equity market, becoming the best performer in Southeast Asia when compared to its regional peers for the first 10 and a half months of this year, according to Deloitte, a global professional services firm.
"With the heightened interest in IPOs by both companies and investors, as well as the impressive valuations being achieved in Malaysia, there is huge potential for Bursa Malaysia to become an attractive listing destination for regional companies,” he told a press conference here today. Wong noted that the consumer sector and the industrial products sector contributed to the total with 16 and 17 IPOs, which raised US$0.8 billion and US$0.2 billion, respectively.
The positive economic outlook in Malaysia is supported by a stable government and sound policies that are expected to strengthen the capital market, he said.