PETALING JAYA: Small-cap stocks that are often ignored by institutional funds are set to see a revival in fortune. Government-linked Investment Companies (GLICs) would set aside RM3bil to be invested in small and medium capitalised stocks over the next year or so.
According to the heads of several GLICs, the RM3bil is “fresh money” to be invested over time and separate from the existing investments.
Already a subscriber? Log in.
Subscribe or renew your subscriptions to win prizes worth up to RM68,000!
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!