Capital market to remain robust

SC chairman Datuk Syed Zaid Albar said although the Covid-19 pandemic and its disruption to business activities have affected sentiment, the capital market continues to be a key source of financing for companies.

KUALA LUMPUR: Despite the economic uncertainties, the Malaysian capital market is expected to remain robust, with 30 new initial public offerings (IPOs) in the pipeline for the equity market this year, according to the Securities Commission (SC).

That is an increase from 19 IPOs in 2020.