Another strong year in store for IPOs as SMEs seek funding

Deloitte Malaysia disruptive events advisory leader Wong Kar Choon.

MALAYSIA’S initial public offering (IPO) market continues to look bright this year after a commendable 2023, underpinned by a high demand for capital as well as the strength and depth of institutional funds.

Amid a robust global IPO environment last year, which according to a number of research houses has returned to pre-pandemic levels, Malaysia itself saw 32 IPOs on Bursa Malaysia, raising RM3.7bil, just marginally below the figure for 2022.