Bursa keeps 60 IPOs as goal despite uncertainty

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KUALA LUMPUR: Amid global uncertainty, Bursa Malaysia Bhd is confident in achieving its target of 60 initial public offerings (IPOs) this year, with a combined market capitalisation of RM40.2bil.

Siobhan pointed out that Malaysia is in a good place and there is a strong rationale for multinational companies to be here.“With the big companies come the buildup of small and medium enterprises.

Abdul Wahid said that while some companies have decided to hold off their listings due to market uncertainties, he does not consider this as a long-term issue.

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Article Details

Author / Journalist: LYDIA NATHAN

Category: EconomyBusiness

Markets: MalaysiaUnited States

Topics: Cuckoo International Bursa Malaysia IPO Markets Stock /Business/Business News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-15 @ 00:00:00 (1 days ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 714 words

Reading Time: 4 minutes read

Sentences: 18 lines

Sentence Length: 40 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © The Star

News ID: 27889128

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

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