Malaysia can expect more foreign IPOs

KUALA LUMPUR: Malaysia can expect to see more foreign initial public offerings, particularly if the equities market remain buoyant, said CIMB Group deputy chief executive officer, corporate and investment banking, Datuk Charon Wardini Mokhzani.

“China is home to many good companies with good growth. Obviously we will be looking for more such companies from China,” he said during an exclusive interview with StarBiz before the prospectus launch of China-based Xingquan International Sports Holdings Ltd, which will be the first direct listing of a foreign company on Bursa Malaysia.