‘Foreign firms welcome to list on Bursa’

KUALA LUMPUR: Malaysia’s capital market remains open to all foreign companies wanting to list on Bursa Malaysia, said Securities Commission Malaysia (SC) chairman Tan Sri Ranjit Ajit Singh.

“We’ve always allowed foreign listings in Malaysia. The guidelines and approaches are there,” he said in response to a question on the SC’s efforts at wooing foreign companies, apart from China, to list on Bursa Malaysia.

Ranjit was speaking to reporters on the sidelines of the one-day Islamic Finance and Public-Private Partnership, here, yesterday.

He said there are about 10 foreign companies based in Malaysia, and this includes Kanger International Bhd and Maxwell International Holdings Bhd. Bernama