Bursa Malaysia expects strong IPO momentum


“Our lead stream is strong, we have pent-up availability, the market support for IPOs this year has been very good,” Bursa Malaysia Bhd chief executive officer Datuk Muhamad Umar Swift said in a Bloomberg TV interview.

KUALA LUMPUR: The pipeline for Malaysia’s initial public offerings (IPOs) is likely to remain strong for the rest of the year as excess cash buoys demand, according to the chief of the stock exchange operator.

“Our lead stream is strong, we have pent-up availability, the market support for IPOs this year has been very good,” Bursa Malaysia Bhd chief executive officer Datuk Muhamad Umar Swift said in a Bloomberg TV interview.

Get 30% off with our ads free Premium Plan!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


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!

Bursa Malaysia , IPO , Umar Swift ,

   

Next In Business News

Ports powering property
Smart homes on a budget
Tackling the complexities of flooding
Ringgit to exhibit softness in thin trading next week
Stay the course in Malaysia’s growth
Bond option for retirees
Raising The Standard in Singapore
Slow going for O&G
What 2025 means to the economy
Government to decide on new electricity tariffs

Others Also Read