40 target listings


BURSA Malaysia’s target of getting 40 new listings next year is commendable. While the local bourse is perceived to be lagging behind its counterparts in countries like Singapore and Hong Kong, there are some facts about Bursa which are impressive.

As its chief executive officer Datuk Muhamad Umar Swift recently pointed out, the local stock exchange ranked second in Asean for equity funds raised, market capitalisation and number of initial public offerings (IPOs) as at September 2019.

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