Chief executive officer Datuk Seri Tajuddin Atan said:
KUALA LUMPUR: Potential new initial public offerings (IPOs) this year will likely drive Bursa Malaysia's trading velocity higher than 27% achieved last year.
Bursa Malaysia Bhd
chief executive officer Datuk Seri Tajuddin Atan said Eco World International Bhd's listing on April 3 would be one of the major highlights this year, given its large market capitalisation.
"Furthermore, we hear the Securities Commission Malaysia has approved two more IPOs - one in the Main Market and another in the ACE market.
"These listings will be enough to get the market excited," he told reporters after Bursa's AGM on Wednesday. - Bernama
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