VIA BURSA MALAYSIA
will be able to increase their competitiveness, expand their operations, integrate into the international supply chain and become global champions,” he said.
Companies must push into the 4.0 Industrial Revolution and tap the potential and not allow themselves be affected by the lack of funding.
To Bursa Malaysia, the outlook for this year cannot be brighter with the potential 300 companies tapping the capital market for more funding.
Strong domestic institutional funds, coupled with a vibrant retail market and benchmarked against developed markets, will enable companies to raise capital.
Bursa Malaysia chief commercial officer Selvarany Rasiah said the initial public offerings were always oversubscribed, hence companies could be assured of a strong demand from the investment side.
Apart from having some of the most attractive valuations in the region, the local bourse is an attractive platform for raising capital and is supported by fundamentals and regulatory framework.
Bursa Malaysia is finalising details for the setting up of a new market for SMEs.
On this year’s performance, Selvarany said so far six companies had been listed on Bursa, of which three on the Main Market.
“Market capitalisation has expanded by more than RM5 billion in the first four months. The Lotte Group’s (planned listing of its Malaysian petrochemical arm) will add another RM20 billion. We expect more sizeable companies to come on board,” she said.
Market capitalisation was at RM600 million last year.
We hope more local firms, including SMEs, will be able to increase their competitiveness, expand operations, integrate into the international supply chain and become global champions.
inflationary pressure stabilises.
AmResearch said the pressure on negative returns could ease if Bank Negara decided to raise OPR later this year by 25 basis points. It also foresees negative real returns for most of the year.
“The last time we saw a prolonged periods of negative real returns were February-November 2011 and December 2013August 2014. In both periods, the OPR was raised by 25 basis points.”
It is maintaining its call for a 30 per cent chance of a 25 basis points rate hike sometime in the fourth quarter based on the assumption that the United States Federal Reserve will raise its rates thrice this year. Rupa Damodaran