Greater IPO appetite on ACE Market

Former senior investment banker Yoong said the response to IPOs this year has been “neutral to positive”.

KUALA LUMPUR: The listing of recent initial public offerings (IPOs) on Bursa Malaysia appears to show an encouraging trend – at least in the short term, which indicates a healthy level of interest that is sustained into such stocks post-listing.

Almost all of the listings locally in the year-to-date (y-t-d) period were on the ACE Market, implying that there are still smaller companies in Malaysia which can command a good level of interest, mainly from retailers, on this front.