New RM3bil fund proposed to invest in small and mid caps


PETALING JAYA: Small companies on Bursa Malaysia are getting a big boost from Budget 2017.

The Government, in a bid to invigorate the equity market, is proposing to set up a new RM3bil fund that will focus on investing in small and medium capitalised (cap) stocks.

Win a prize this Mother's Day by subscribing to our annual plan now! T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Business , fund , capital , budget

   

Next In Business News

ACE Market-bound Ocean Fresh signs underwriting deal
Oil prices set for steepest weekly drop in 3 months
DNB board to meet next week, to recommend 5G second network directions
Thai April inflation rises slightly, first time in 7 months
F&N allocates RM1.7bil capex for Phase 1 dairy farm project
Naza Group completes acquisition of 100% stake in Berjaya Enviro
Asian stocks surge; yen extends gains to cap wild week
Syed Hamid Albar steps down as WIEF chairman
DNB, Ericsson catalyse digitalisation for enterprises
FBM KLCI poised to end week on high note

Others Also Read