MORE large-capitalised, public-listed companies are needed to attract local and foreign institutional investors to the local bourse, Second Finance Minister Datuk Dr Jamaludin Jarjis said.
We hope to double the number of large listed companies from the current four that we have today to about eight, he said in his speech read out by Finance Ministry parliament secretary Hashim Ismail at RAM-DP Information Services Sdn Bhds MY1000 Awards in Putrajaya yesterday. Jamaludin said a higher number of large corporations would raise the profile of the KLSE in the international arena.