Bursa Malaysia trims IPO target to 31 for 2023

By GANESHWARAN KANA

The stock exchange operator narrowed the new target to 31 IPOs compared with 39 earlier.

PETALING JAYA: Lower-than-expected LEAP Market listings has led Bursa Malaysia Bhd to cut its initial public offering (IPO) target for 2023 by one-fifth, despite only reaffirming the initial target three months earlier.

The stock exchange operator narrowed the new target to 31 IPOs compared with 39 IPOs earlier.

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