Stimulus package: SC to implement capital market measures expeditiously


KUALA LUMPUR: The Securities Commission (SC) said the one-year waiver of listing fees for initial public offers (IPOs) on Leap and Ace markets is effective immediately.

The SC will also work expeditiously with other relevant stakeholders for the setting up of a new co-investment fund of RM500mil.

The fund is targeted at for investments alongside private investors in early-stage and growth-stage Malaysian companies.

"In addition, the SC will also be announcing capital market-specific measures to complement the government’s effort to support the Malaysian economy," SC said in a statement today.

Interim Prime Minister on Thursday announced a series of new measures under his economic stimulus package to counter the impact of Covid-19 outbreak.

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SC , Bursa Malaysia , stimulus package

   

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