Asean-BAC eyes cross-border IPOs to drive regional investment in 2024, says Nazir

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Asean Business Advisory Council News

Asean-Bac,Nazir Razak

VIENTIANE, Oct 10 — The Asean Business Advisory Council (Asean-BAC) has outlined several key initiatives that will be highlighted during Malaysia’s chairmanship next year,...

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“What we want is that in the future, when we list a company on Bursa , we can choose between a Malaysian prospectus or an Asean prospectus. Aside from the Asean IPO, Nazir said Asean-BAC will also propose that all Asean member countries recognise the category known as Asean Business Entities to promote companies that are neither purely local nor global in order to boost regional business.

Meanwhile, in line with the Malaysia Madani concept, which focuses on unity, inclusivity, and cooperation, Asean-BAC will also introduce corporate social responsibility -related initiatives, he said.

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