SC unveils roadmap to boost MSME, mid-tier companies’ access to capital market

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France Dernières Nouvelles,France Actualités

KUALA LUMPUR: The Securities Commission Malaysia (SC) today unveiled a five-year roadmap to better position the capital market as an attractive and ro...

From left: Awang Adek Hussin, Johan Mahmood and World Bank country manager Yasuhiko Matsuda at the launch of the roadmap today.

The commission said the increase of seven times of the current fundraising levels represents 46% of the compound annual growth rate over five years from RM6.3 billion in 2023. “SC is confident that many more will follow in their footsteps if there is a structured approach to assist them as envisaged in the roadmap,“ he added.

In the keynote address, he highlighted that the government aims to raise the economy’s ceiling. In the context of 1.2 million MSME, startups and MTC, this means growing them into regional champions, enhancing their ability to compete on a larger scale will raise the country’s economic output.

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France Dernières Nouvelles, France Actualités