Bursa Malaysia, SSM launch SME X Platform to facilitate fundraising for small businesses

From left: Bursa Intelligence director Wong Chiun Chiek, Bursa Malaysia Bhd CEO Datuk Muhamad Umar Swift, Suruhanjaya Syarikat Malaysia (SSM) CEO Datuk Nor Azimah Abdul Aziz and SSM deputy CEO Rezy Izwan Ramli.

KUALA LUMPUR: Bursa Malaysia Bhd in collaboration with the Companies Commission of Malaysia (SSM) today launched the SME X Platform to further support corporate fundraising and business investment opportunities for small and medium enterprises (SMEs).

The SME X Platform is designed to facilitate fundraising to support SMEs in their growth and business expansion, by connecting them with capital providers such as private equity firms, venture capitalists or other financial institutions seeking to invest in companies with good financial standing and growth potential.