Bursa Malaysia, Companies Commission team up to boost support for Malaysian business community

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KUALA LUMPUR, Nov 16 — Bursa Malaysia Bhd and the Companies Commission of Malaysia (SSM) has signed a Memorandum of Understanding (MoU) to undertake a three-year collaboration...

KUALA LUMPUR, Nov 16 — Bursa Malaysia Bhd and the Companies Commission of Malaysia has signed a Memorandum of Understanding to undertake a three-year collaboration with three core initiatives to benefit small and medium enterprises in the Malaysian economy.

Bursa Malaysia chief executive officer Datuk Muhamad Umar Swift said the MoU between Bursa Malaysia and SSM today provides the Exchange with a trusted partner both in terms of improving combined data capacity, as well as the opportunity in empowering the local business community through data and information sharing.

this collaboration will allow smaller businesses to learn from best practices from larger corporations,” he said in a joint statement. The platform, comprising datasets of corporate Malaysia from both SMEs and public listed companies , will facilitate the development of in-depth meaningful analytics and solutions for the fund-raising community in the capital market, as well as the business community at large.

 

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