Fundraising activities to pick up pace next year after a slump in 2018


UNPREDICTABLE market conditions have sapped investors’ appetite for initial public offerings (IPO), prompting some companies to delay their listing plans.

According to the report, gross funds raised by the private sector through the domestic equity market recorded a double-digit decline of 91.1% to RM0.9bil during the period following lower IPOs which declined 92.2% due to cautious market sentiment.

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Business , Capital , market , funds

   

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