IPO market picking up pace

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KUALA LUMPUR: The local initial public offering (IPO) market is picking up pace as optimism in the economic recovery continues to encourage businesses to tap into the capital market.

Note that Malaysia recorded 14 listings in the first six months of 2021, raising approximately RM395mil with a market capitalisation of RM1.5bil. Of the 14 listings, two were main listings, seven in the ACE market and five in the Leap market.