47 global fund managers to attend 12th Invest Malaysia

PETALING JAYA: The 12th Invest Malaysia will be showcasing 55 most investable companies, representing over 50% of Malaysia’s market capitalisation on April 12.

Organisers Bursa Malaysia Bhd and Maybank Kim Eng will bring 47 global and regional fund managers representing a total assets under management of US$11.1bil.

Bursa Malaysia chief executive officer (CEO) Datuk Seri Tajuddin Atan said that Bursa had continued to build on its well-diversified marketplace and to create a sustainable marketplace. “The next generation of competition is putting greater emphasis on our role as an exchange to ensure a more competitive marketplace and remain a model for other emerging markets.

“We cannot be complacent,” he said.

Tajuddin added that key steps needed to be taken to further enhance the conducive business environment for companies to grow.

“For this reason, Invest Malaysia 2016 is designed to ignite the conversations that matter most to our businesses and our marketplace,” he added.

Meanwhile, Maybank Kim Eng and Maybank Investment Bank CEO John Chong (pic) said that Malaysia was well-positioned to take advantage of the changing global landscape and higher order of trade.

“Malaysia continues to demonstrate resilience on the back of a well-diversified market, strong fundamentals and robust public listed companies supported by a deep and flourishing capital market.”

He added that the Trans Pacific Partnership (TPP) would be a catalyst for broader economic reform, and for corporates to transform their business practices.

“The world economy is becoming borderless, the TPP, and the Belt and Road initiative will further accelerate the process. Malaysian corporates need to ready to be integrated with the world economy, to seize the opportunities and face the competitiveness of a much open global marketplace,” he said.

The conference is the largest annual capital market event and serves as a marketplace for global fund managers looking to access the investment opportunities.