30 IPO listings on Bursa Malaysia, highest since 13 years

  • Markets
  • Wednesday, 25 Dec 2019

Bursa Malaysia said Malaysian initial public offering (IPO) activities in 2019 had been healthy even during a period of market uncertainties, owing to the stable economic fundamentals, diverse and well-balanced market participants, as well as robust governance framework.

KUALA LUMPUR: Bursa Malaysia saw 30 new listings this year compared with 22 in 2018, the highest number since 2006 despite the challenging operating environment.

Of the 30 new listings, four were on the Main Market versus two in 2018,11 on the Ace Market (nine in 2018) and 15 were on the LEAP Market (11 in 2018).

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